By: Jack Sklarski
Local governments give a tremendous amount of taxpayer funds to the construction of private stadiums believing these stadiums will benefit the local economy. Are there regulations on this practice? Must the developer look for private funds first? Is this only a problem in the US?
Read MoreBy: 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.
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