US tax proposal 'could be a game-changer'
Recently, the US government announced proposals for sweeping international tax reforms that would have a significant impact on companies and markets around the world.
"The proposals amount to the most significant international tax changes in decades," said Mark Weinberger, Ernst & Young, Global Vice Chair – Tax.
Weinberger added, "While US-based multinational companies would be those most directly and immediately affected, the implications are being talked about and analyzed in tax departments, C-suites and boardrooms around the world. From a global competitiveness perspective, these proposals could be a game-changer."
Weinberger was interviewed live on Bloomberg TV when the proposals were announced. Watch the video for more insight.
Learn more about Mark Weinberger.
The video is © Bloomberg L.P. 2009, all rights reserved, used with permission.
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