International tax strategies

Many states are finding that their governments (and voters) aren’t as divided as they are at the federal level. What will this mean going forward?

If your maquila operations have recently been subject to a transfer pricing adjustment by Mexican tax authorities, good news: Under certain circumstances, you can obtain a corresponding adjustment in the United States and avoid being taxed twice.

As Ms. Manners, a.k.a. Judith Martin, recommends, “If you can’t be kind, at least be vague.” The Trump administration’s latest tax proposal is both kind to taxpayers and vague. The vagueness is by design, according to Treasury Secretary Steve Mnuchin, to allow the President room to negotiate with Congress.

Economists, policymakers, and business owners hold differing views of the border tax and its possible impact — for better and worse.