Corporate Inversion: Tax Evasion or Good Business?

Corporate Inversion: Tax Evasion or Good Business?

By: Jason Farrelly

Corporations are a go-to scapegoat for politicians in an election year. The idea that a corporation would leave the U.S. just so it wouldn’t have to pay its fair share of taxes is a surefire way to drum up support from voters. But are corporations looking for opportunities to lower taxes for its shareholders really un-American?

Read More

Protecting Your Chocolate Chip Cookie Recipe: Trade Secret Protection Law

Protecting Your Chocolate Chip Cookie Recipe: Trade Secret Protection Law

By: Janice Pan

Trade secret law protects everything from chocolate chip cookie recipes to transnational commercial methods. International agreements, however, leave protection of trade secrets to domestic enforcement. In addition to this international inconsistency, US trade secret law differs from the other forms of intellectual property in that it is governed by each individual state through the common law. To provide more certainty to businesses, a standardized trademark law should be passed in the United State. 

Read More

U.S. Corporate Income Abroad: The Cost of Cash Coming Home

U.S. Corporate Income Abroad: The Cost of Cash Coming Home

By: Jason Farrelly

The United States is the only globally developed nation to tax income earned abroad. However, tax liability is only assessed when a company repatriates the income back to the United States. This creates the incentive to keep capital abroad rather than bring it back to the US to invest here. This note examines the plans proposed by the current presidential candidate front runners to address this issue. 

Read More