The below article summarizes the potential U.S. tax reform as proposed by the Republican Party in the “Blueprint” issued on June 24, 2016. The article also refers to President Trump’s views and highlights the differences to the Blueprint. The various measures as per the Blueprint represent a drastic change in the U.S. tax system. The article does not only summarize the impacts on the U.S. taxpayers. Moreover, it also refers to the impacts producers and consumers outside the U.S. may be faced with, including Swiss producers and Swiss customers. Of particular interest to Swiss producers and Swiss customers might be the part of the article starting on page 6 with section “Border adjustments and elimination of the worldwide taxation system”, the following section “Analysis”, incl. graphs, and further sections.
Corporate Taxation