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: U.S. companies operate abroad primarily in low-wage countries.
Fact: Globally engaged American companies invest primarily in the foreign markets they seek to serve. U.S. Department of Commerce data show that 70% of the production of all U.S. foreign affiliates took place in high-income foreign countries.