Directions in US corporate and International Tax Reform
On 25 July 2013 Melbourne Law School and the Melbourne School of Government hosted a lecture by Dr Eric Toder, Co-director, Urban-Brookings Tax Policy Centre. He addressed attendees on the high US corporate tax rate which may place US multinationals at a competitive disadvantage. Some US multinationals have avoided tax by shifting income to low-tax jurisdictions. Dr Toder reviewed why it is hard to tax corporate income in a globalized economy where both the source of income and residence of companies can be shifted, commenting on suggested reforms. Dr Toder previously held US government and international positions in tax policy, including as Deputy Assistant Secretary for Tax Analysis at the US Treasury Department, Director of Research at the Internal Revenue Service, Deputy Assistant Director for Tax Analysis at the Congressional Budget Office, and consultant to the New Zealand Treasury.