TechWonk Blog Subsection
TechWonk Blog
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Across the globe, governments are realizing that outdated approaches -- from trade agreements to privacy guidelines 鈥� no longer address the needs of the modern economy. In response, many are quickly moving to update policies to better address today鈥檚 digital reality. But in some cases, this haste can lead to serious, unintended consequences that could cause more harm than good. In that vein, international [...]
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The start of the 115th Congress and new administration not only marked an era of profound political change, but it also presented a unique and timely opportunity to modernize outdated policies. Lawmakers acted on many issues critical to the tech industry by enacting substantial reforms to bring both the U.S. federal tax code and the U.S. government procurement process into the 21st century. The Tax [...]
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The United States last passed comprehensive tax reform in 1986 before anyone could conceive the transformative impact the digital economy would have on society. Businesses of all sizes are harnessing the power of the internet, entering new markets, selling goods and services, creating over 6.7 million tech jobs in the United States and around the world, and investing capital bolstering our economic [...]
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On Monday, 91pro视频 is hosting a tax reform conversation and the timing of this event could not be better鈥攖ax reform is a hot topic in the nation鈥檚 capital. The political alignment of the White House and Congress presents a generational opportunity to confront the deficiencies in the current U.S. tax system, while setting our nation on a course towards future prosperity. In the tech industry, we welcome [...]
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The start of the 115th Congress and the upcoming inauguration of President-elect Donald Trump on January 20th present Washington with the opportunity to address the economic concerns voiced by voters last November. These concerns in part propelled the president-elect鈥檚 victory and resulted in Republican control of both the House and Senate. The tech industry will play a critical role in driving the [...]
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The conventional wisdom in Washington always holds to not expect much from divided government, and those expectations only lower heading into a presidential election year because hyper-partisanship can turn the landscape into frozen tundra. But for every rule there is an exception. Despite the fierce headwinds, issues that are important to the technology industry cut across party lines to find common [...]
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Over the last decade, Colombia has steadily embarked on a path towards becoming one of the leading economies in Latin America. Colombia is in the midst of a remarkable transformation that stands to improve the lives of its citizens and set a standard for its neighbors in how to compete effectively in a global economy. In the coming weeks, we expect the Colombian government to take the next step in [...]
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The months long debate between the U.S. government and the European Union (EU) regarding transatlantic tax policy took another turn this week with the Department of the Treasury further clarifying its position on the ongoing tax investigations being conducted by the European Commission. 91pro视频 agrees with the Treasury Department鈥檚 analysis and with its key conclusion鈥攖he Commission鈥檚 state aid cases represent [...]
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Today, 91pro视频 submitted comments to the IRS on the most significant change in tax policy proposed in decades. The rules in question relate to how our member companies track and classify inter-party loans and stand to fundamentally alter investment decisions moving forward. As the Treasury Department and the IRS move ahead with their rulemaking (undoubtedly with thousands of pages of comments in hand), [...]
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Appearing before the International Tax Policy Forum and Georgetown University Law Center Conference late last week, Jason Furman, Chairman of the President鈥檚 Council of Economic Advisors, threw cold water on an emerging aspect of turbo charging innovation policy鈥攖he American adoption of a so-called innovation box. In his speech, 鈥淓ncouraging Innovation and the Role of Tax Policy,鈥� Furman attempted [...]
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