U.S. Multinational Corporations’ Competitiveness under Worldwide Taxation: A Case Study of the United Kingdom and Japan’s Transition to Territoriality
Datum
2014-12
Autor:innen
Boyer, Coleman
Zeitschriftentitel
ISSN der Zeitschrift
Bandtitel
Verlag
University of Oregon
Zusammenfassung
This paper investigates whether the United States’ worldwide system of taxation with deferral systematically disadvantages U.S. multinational corporations’ competitiveness in relation to their territorial counterparts. The paper approaches answering this question through a comparative case study between three countries: the United States, the United Kingdom, and Japan. The United Kingdom and Japan transitioned from a worldwide system of taxation to a territorial taxation regime in 2009. The year of 2009 provides a bright line to compare whether their transitions to territoriality changed the competitiveness of their multinational corporations in comparison to the multinational corporations in the U.S. I find through analyzing five indicators of direct competitiveness and five measures of the consequences of competitiveness that the U.S. following the 2009 transitions to territoriality is no more or less competitive than the two territorial nations of the United Kingdom and Japan.
Beschreibung
43 pages. A thesis presented to the Lundquist College of Business and the Clark Honors College of the University of Oregon in partial fulfillment of the requirements for degree of Bachelor of Arts, Fall 2014.
Schlagwörter
Accounting, Tax Accounting, Taxation, Competitiveness, Worldwide, Territorial, Corporation