Guilty as Charged: Reflections on TRA 17
7 Pages Posted: 7 Dec 2017 Last revised: 11 Jan 2018
Date Written: November 25, 2017
Abstract
On November 9, 2017, Sen. Orrin Hatch (R-UT) unveiled his version of the “Tax Cuts and Jobs Act” (TRA 17S). In some ways, this version represents an improvement over the House version (TRA 17H). But in other ways, it is worse. Specifically, while the inbound base erosion proposals are better than the House version, they raise some similar issues, and the outbound proposals avoid one major problem with the House version by creating another, worse problem.
Keywords: Tax Reform, Tax Cuts and Jobs Act
JEL Classification: H26
Suggested Citation: Suggested Citation
Reuven S. Avi-Yonah (Contact Author)
University of Michigan Law School ( email )
625 South State Street
Ann Arbor, MI 48109-1215
United States
734-647-4033 (Phone)
