International Structures: States on the Cutting "Edge"

Joseph X. Donovan discussed "International Structures: States on the Cutting 'Edge'" at the New England State and Local Tax Forum, which was held on November 16, 2015. 

Topics of discussion included:

• What are the states doing to extend their tax bases "beyond the water’s-edge," including the surge in "tax haven" legislation? 
• What are the state tax implications of the Base Erosion and Profit Shifting (BEPS) reforms being considered by the OECD countries? 
• What is the potential impact of federal tax reform proposals regarding foreign entities?  
• What are the constitutional limits placed on the states relating to the different approaches to taxing foreign source income?