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
Deferral erodes the U.S. tax base.
Deferral supports U.S. economic competitiveness by maintaining a measure of comparability between the taxes paid by globally engaged American companies and foreign-based international companies on their foreign operations.