International Tax Update

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International Tax Update

International Tax Update is an electronic newsletter published by Crowe Horwath LLP devoted to current and emerging international tax issues. Along with timely tax-planning ideas, each newsletter provides details on developments that could affect your business.

To receive International Tax Update via e-mail, visit www.crowehorwath.com/emailsignup. Please select “Tax” as your service of interest.

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The Obama Administration’s International Tax Proposals
The White House issued a press release on May 4, 2009, outlining tax proposals aimed at international tax reform. The press release asserted that the United States’ existing international tax rules provide a “competitive advantage to companies that invest and create jobs overseas” and allow many “opportunities to evade and avoid taxes through offshore tax havens.”

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Crowe Horwath LLP is a member of Crowe Horwath International, a Swiss association. Each member firm of Crowe Horwath International is a separate and independent legal entity. Crowe Horwath LLP and its affiliates are not responsible or liable for any acts or omissions of Crowe Horwath International or any other member of Crowe Horwath International and specifically disclaim any and all responsibility or liability for acts or omissions of Crowe Horwath International or any other Crowe Horwath International member. Accountancy services in Kansas and North Carolina are rendered by Crowe Chizek LLP, which is not a member of Crowe Horwath International. This material is for informational purposes only and should not be construed as financial or legal advice. Please seek guidance specific to your organization from qualified advisers in your jurisdiction. Materials published prior to Sept. 1, 2008, were developed by Crowe Chizek and Company LLC. © 2009 Crowe Horwath LLP