Moving to Europe? Auditor Tenure and Reg 537

Corporate income taxes continue to be a hot topic in the news, especially with the recent controversy surrounding inversions. At the center of many of these debates are the foreign earnings that multinational companies claim to be indefinitely reinvested. Such … Continue reading

Overseas Earnings of Russell 1000 Tops $2 Trillion in 2013

A Spotlight on Permanently Reinvested Foreign Earnings Early this morning, the Permanent Subcommittee on Investigations of the Department of Homeland Security will hold a hearing on “Caterpillar’s Offshore Tax Strategy”. The purpose of the hearing is to examine the “structures and methods employed … Continue reading

R&D Tax Credit Set to Expire – Analysis of Effective Tax Rates

Emily Chasan of the CFO Journal recently reported that investors are being warned about the impending expiration of the longstanding research and development (R&D) tax credit. We put together a brief analysis of average effective tax rates, comparing companies with R&D … Continue reading