Partner Scott Semer is the author of "Lyin' Eyes—The Search for Tax Policy in the Eagles' Song Catalog," an article critiquing U.S. corporate tax policy in the context of the OECD's base erosion and profit-sharing (BEPS) project published in the May 9 issue of Tax Notes. Below is the publication's abstract of Scott's article.
In this article, Semer explains how recent U.S. legislative initiatives, including the partial repeal of the 1980 Foreign Investment in Real Property Tax Act for some foreign pension plans, are at odds with the United States' avowed commitment to the OECD base erosion and profit-shifting project and seemingly draw from the lyrics of "Lyin' Eyes" by the Eagles.
Download a PDF of the article here.
To discuss these issues, please contact the author(s).
This publication is a general discussion of certain legal and related developments and should not be relied upon as legal advice. If you require legal advice, we would be pleased to discuss the issues in this publication with you, in the context of your particular circumstances.
For permission to republish this or any other publication, contact Janelle Weed.
© 2021 by Torys LLP.
All rights reserved.