Tuesday, March 22, 2022
Avi-Yonah: The U.S. Ought to Terminate Its Tax Treaty With Russia
Reuven Avi-Yonah (Michigan; Google Scholar), America Ought to Terminate Its Tax Treaty With Russia, 174 Tax Notes Fed. 1561 (Mar. 14, 2022):
I learn with curiosity Marty Sullivan’s latest article arguing towards terminating the U.S. tax treaty with Russia, and I respectfully disagree. (Martin A. Sullivan, “Ought to america Terminate Its Tax Treaty With Russia?” Tax Notes Federal, Mar. 7, 2022, p. 1327.) …
Sullivan is skeptical of utilizing tax for nontax functions. I’d argue that the company tax has all the time been used primarily as a regulatory gadget, and there’s no distinction between utilizing it for international coverage objectives than utilizing it for different non-revenue-raising objectives like discouraging air pollution or encouraging inexperienced investments.
Given the seriousness of the disaster, america ought to take into account all means to harm the Russian regime, together with terminating the tax treaty.
https://taxprof.typepad.com/taxprof_blog/2022/03/avi-yonah-the-us-should-terminate-its-tax-treaty-with-russia.html
