Ending the Taxation of Foreign Business Income
- Author(s): Terrence Chorvat
- Date Posted: 2000
- Law & Economics #: 00-16
- Availability: Full text (most recent) on SSRN
This article examines the current system of taxation of income earned by US residents (both corporations and individuals) in foreign countries. It finds that adopting a system whereby this income was exempt from US income tax would increase economic efficiency.