News & Insights: solomon packer

Wayfair Ruling: Will Foreign Corporations be Required to Collect Sales Tax?

By Solomon Packer  |  July 13, 2018

Will the Wayfair case, which holds that U.S. corporations can be required to collect sales tax from out-of-state customers, also have application to international commerce?

Where is US Corporate Tax Headed Under the New Administration?

By Solomon Packer  |  May 4, 2017

It is contemplated that US Congress will soon revise corporate tax policy.

Among the proposals coming to the fore, and being highly-debated in business and tax journals, is “destination-based cash-flow tax,” or “DBCFT.”

It is important to recognize that a DBCFT tax regime differs greatly from our current income tax system, and incorporates two distinct elements: a destination-based tax system, and a cash flow tax system

Location: A Taxing Choice For New Businesses

By Solomon Packer  |  June 25, 2009

Given the raft of issues involved in launching a new business in the U.S., it should come as no surprise that the question of where the new legal entity should be formed is often given short shrift, when it is considered at all.

Marks Paneth Outlines Departure Tax in Recent Article

By Solomon Packer  |  September 4, 2008

Solomon Packer, Senior Marks Paneth International Tax Consultant, publishes Corporate Business Taxation Monthly article on the recently enacted U.S. departure tax, which taxes built-in gains in excess of $600,000 from assets owned by “covered” expatriating U.S. citizens and long-term residents who relinquish their green cards.