The Christian Science Monitor: A Solution to Burger King-Like Inversions

All the fracas over tax inversions like the recent Burger King-Tim Horton’s merger has generated some interesting ideas for broader changes in the way we tax multinational firms. One would base a firm’s US taxable profits on the US share of its total worldwide sales.

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Single sales factor apportionment is hardly new. In 2012, 18 states used such a system for their corporate income taxes, according to the Institute on Taxation and Economic Policy. 

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