
Nick Shaxson ■ On using tax holidays to ‘pay for’ stuff

From Jaimie Woo in the Huffington Post:
“A strangely popular proposal would give companies a temporary tax holiday, letting corporations bring back their money on paper, or “repatriate” it at an extremely low tax rate, thereby encouraging more corporate tax dodging in the future. The most ridiculous part? Some Members of Congress want to use this tax break that costs money to “pay for” badly needed infrastructure investments. How does that even make sense?“
Our emphasis added. Indeed. A good generic question not just for the United States, the subject of this particular article.
Related articles

Beneficial ownership verification: exploring Belgium’s sophisticated system

Tax Justice Network Portuguese podcast #22: América Latina perde US$ 43 bi por ano; valor dá pra vacinar toda região

Casino Capitalism and a just transition: the Tax Justice Network podcast, February 2021

A tide-turning moment in the global struggle for tax justice

Making a killing from care

Submission to New York State Assembly: the case for Financial Transactions Taxes

Call for papers: Human rights and the 4 “Rs” of tax justice – Tax Justice Network annual conference

Making the UN Tax Committee more effective for developing countries: report

The Tax Justice Network February 2021 Spanish language podcast, Justicia ImPositiva: Nueva ley, nueva constitución, nuevo mundo #56
