BBC News Quotes David Rosenbloom on Trump's Tax Plans Impact on International Tax
The US may be about to set off an international tax war, as it moves to slash the corporate rate and overhaul the treatment of multinational firms.
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"This stuff is not going to go down like chocolate sauce," said David Rosenbloom, an attorney at Caplin & Drysdale and a former tax official.
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"I would expect foreign countries to be somewhat aggrieved by this statute," said Caplin & Drysdale's Mr. Rosenbloom, who added that policymakers were using the US tax plan for "isolationist" goals.
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Excerpt taken from the article “Will Trump's Plans Trigger a Tax War?” by Natalie Sherman for BBC News.