That probably depends on where you stand. All I know is that you should only read those sections of the Internal Revenue Code that deal with international taxes if you have no regard for your own sanity. The wounds on my brain from taking International Tax at law school over thirty years ago have not healed.
Most members of Congress don?t understand the first thing about the international corporate tax system and won?t have the bandwidth to figure it out.
Whether or not Trump is convicted at his impeachment trial, he faces an IRS decision on a massive refund and may no longer be able to conceal his tax returns.
The proximate cause of the shift was President Trump’s 2017 tax cut, which dramatically slashed taxes on corporate profits and estates, researchers say.