Senator Enzi introduces a territorial tax bill

US Outbound Newsalert

On February 9, 2012, Senator Michael Enzi (R-WY), a member of the Senate Finance Committee, introduced the United States Job Creation and International Tax Reform Act of 2012, which would move the United States to a territorial tax system similar in many respects to discussion draft released by Chairman Camp (R-MI) of the House Ways & Means Committee (although it does not include a provision to lower the top corporate tax rate).

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