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50 Results
The Texas Gulf Coast.
The Texas Coast: Freshwater Inflow, Coastal Productivity, and Texas Water Policy
The Texas coast is one of the most ecologically productive and least appreciated natural assets of the United States. Unfortunately, this coastal resource is being destroyed by the various management actions (or inactions) of the state of Texas. It is not too late to reverse this destruction, but major policy shifts will be required to alter this trend.
Jim Blackburn October 14, 2014
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