U.S. Taxation of Foreign-Source Corporate Income: A Survey of Issues
考察美国对外国来源公司收入的现行税收政策，分析这些政策是否鼓励对外直接投资而非国内投资，并探讨跨国公司如何因应外国收入税负提高而调整投资行为。
Multinational corporations have grown rapidly since the late 1950s and have become an important factor affecting international economic events. In the past 30 years, interest groups periodically have argued that the foreign investments of U.S.-based multinationals are made at the expense of domestic investment and that current U.S. tax laws encourage foreign investment; to promote domestic growth and employment, they argue, Congress should raise taxes on foreign-source corporate earnings relative to taxes on domestic-source corporate earnings. This article examines current U.S. tax policies governing foreign-source corporate earnings to determine whether these policies encourage direct foreign investment relative to domestic investment. The article also considers how a multinational firm might alter its investment behavior in response to higher taxes on its foreign earnings.