Carbon-Related Tax Unlikely Under Int'l Rules, Prof Says

Law360, Houston (February 21, 2018, 9:06 PM EST) -- A border-adjusted tax aimed at imports with large carbon footprints could theoretically comply with World Trade Organization rules, but mandates requiring consistent treatment of items from different countries could make the policy difficult to carry out in reality, a law professor said at a conference in Houston on Wednesday.

Reuven Avi-Yonah, a professor and director of the international tax master of laws program at the University of Michigan Law School, acknowledged that a border-adjusted tax — levied on imports, but not exports — could be one...
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