Border-adjusted tax proposals may impact exporters...

http://baltimorecheckbook.tumblr.com/post/157262631742/border-adjusted-tax-proposals-may-impact-exporters#_=_

Included in the tax policy proposals put forward by Speaker of the U.S. House Paul Ryan and the House GOP during the election season was a potentially significant change in U.S. international tax policy. They have proposed a destination-based tax, where income from goods and services is taxed based on where they are consumed, as opposed to where they are produced and sold. As described in the House Republican Tax Reform Blueprint, this would be facilitated by so-called border adjustments which would…