Corporate Income Taxation in a Global Economy published by Congressional Research Service (1/2022).
“The taxation of corporate income in a global economy is arguably the most complex area of U.S. tax policy. The United States’ increasing interconnection with the rest of the world through trade and financial investment and the growing importance of intangible assets make formulating corporate income tax policies more complex and yet more important to revenue and economic activity. This report presents the basic concepts of corporate income taxation in a global economy…”
