- U.S. Oil Imports Remain Key to $1 Trillion Border Tax Plan
- February 24, 2017 | Author: Jacob Dweck
- Law Firm: Eversheds Sutherland (US) LLP - Houston Office
Partner Jacob Dweck is quoted in this Platts article regarding a congressional plan to overhaul the tax code, which includes a border adjustment provision to encourage exports and tax imports at 20%.
“The border tax will likely trigger a World Trade Organization challenge, which could take three or more years to resolve, and retaliatory actions from trading partners,” said Jake.