Check-the-Box

The Administration has dropped its previous proposal to rescind "check-the-box" international tax rules, created during the Clinton Administration. These rules simplify the U.S. tax treatment of a business that is owned by a U.S. corporation -- helping to maintain a level playing field for worldwide American companies. The briefing papers listed below provide ample justification for maintaining current check-the-box tax rules.

The Importance of the "Check-the-Box" Election in Maintaining a Level Playing Field for Worldwide American Companies

Check-the-Box One Pager

Check-the-Box Briefing Paper

Check-the-Box: Key Points

 

 

 

 

 

 

 

 

 

Facts about Deferral
U.S. tax rules significantly affect the ability of American companies to compete in foreign markets. These rules include a provision known as “deferral,” which is a key pro-competitive international tax rule for American companies. Click Here to Learn More
Did You Know?
Myth: Deferral erodes the U.S. tax base.
Fact: Deferral supports U.S. economic competitiveness by maintaining a measure of comparability between the taxes paid by worldwide American companies and foreign-based international companies on their foreign operations.