Republicans plan to unveil their long-awaited tax reform package on November 1. Although the nine-page tax reform framework released in September was short on details, the plan highlights key changes to the tax code intended to reduce the tax burden on both individuals and companies, spark economic growth in the U.S., and make the tax laws more globally competitive.
Finance, Internal Audit, Ethics & Compliance Auditing, Operations, Information Technology, Data Centers & Storage
A framework commonly used by companies to transfer employee and customer data from the EU to the U.S. is now illegal—and companies with European operations must find alternatives before the grace period ends in January. This creates significant problems for businesses investigating bribery and corruption, since even work emails are considered private in the EU.
In this interview, Ethics & Compliance Council Chair Matt Frank discusses trade compliance, international training, company culture, and JCI’s Regional Compliance Committees—and recommends a book that he argues will forever change the way you communicate.
Finance, Tax, U.S. Tax, Federal Tax Rules & Regulations, U.S. Tax Policy, Global Economy, Competitiveness, Government Policy, Money & Finance, Government Finance
Patriotism has little to do with an inversion, a process whereby a company moves its headquarters to another country, but in a midterm election year, it is easier for politicians to cast corporations as deserters than address root causes -- namely, the convoluted tax code.