Camp, Obama Both Shine Light On Int'l Tax Avoidance: Experts

Law360, New York (March 7, 2014, 6:35 PM EST) -- President Barack Obama's 2015 budget proposal isn't a tax reform initiative like the one recently released by House Ways and Means Committee Chairman Rep. Dave Camp, R-Mich., but both share a keen focus on international corporate tax avoidance that highlights the matter's urgency, experts said Friday in a KPMG LLP webcast.

Camp's tax reform draft, which seeks a shift from a worldwide taxation system to a territorial taxation system, is narrower on international tax reform than Obama's budget, which wants to restrict interest expense deductions for...
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