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15 Results
US-Mexico border
Troubled Waters: Recent Challenges to the 1970 US-Mexico Boundary Treaty
In June 2023, the international boundary treaty governing the U.S.-Mexico border came under attack from Gov. Greg Abbott’s Operation Lonestar. In a new research paper, nonresident scholars Stephen Mumme and Regina M. Buono outline the treaty’s history and examine key issues — advising on merits of recent challenges and long-term implications for the binational relationship between the United States and Mexico.
Stephen Mumme, Regina M. Buono February 8, 2024
IRS
U.S. Supreme Court Unanimously Chooses Substance Over Form in Foreign Tax Credit Case: Implications of the PPL Decision for the Creditability of Cash-flow Taxes
This paper examines the effects of a U.S. Supreme Court ruling that a one-time retroactive British “Windfall Tax” levied on 32 public utilities that were privatized between 1984 and 1996 was eligible for the US foreign tax credit (FTC). The decision could have far-reaching implications for the creditability of taxes that are not ordinarily thought to be income taxes, including various cash-flow business taxes that are key elements of several proposals recommending replacement of the income tax with a consumption-based tax.
Charles E. McLure, Jr., Jack Mintz, George R. Zodrow August 20, 2014