Demystifying the Destination-Based Cash-Flow Tax
NBER Working Paper No. 23881
This paper describes the Destination-Based Cash-Flow Tax (DBCFT), as proposed in 2016 by Republicans in the US House of Representatives, and its potential economic effects. As a new approach and a major departure from the existing business tax system, the DBCFT and its motivation have been poorly understood by many in government, the business community, and the economics profession.
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Document Object Identifier (DOI): 10.3386/w23881