• Will Border Adjustment Tax End Transfer Pricing as We Know It?
  • April 27, 2017 | Author: J. Clark Armitage
  • Law Firm: Caplin & Drysdale, Chartered - Washington Office
  • Republicans in Congress are pressing forward with a corporate tax reform package that includes a ‘‘border adjustment’’ feature. The destination- based cash flow tax (DBCFT) is meant to encourage U.S. manufacturing, simplify the corporate income tax, and eliminate the benefits of abusive cross-border transfer pricing.