Robert Peroni Lecture
Date: 6 October 2008
Time: 3:00-5:00 PM
Place: Anheuser Busch Hall,
Hullverson Seminar Room (No. 201)
Professor Rosenzweig's International Tax Seminar
Faculty and Students are invited to join the seminar.
Better Than Exemption: Worldwide v. Territorial Tax Regimes
The lecture will discuss the current debate over whether the United States should tax the worldwide income of US businesses or only income generated within the United States. The United States currently has a mixed system, which permits aggressive taxpayers to pay little to no United States income tax, or even in some instances to be subsidized by the US government. In response, several commentators have proposed that the US abandon taxing the worldwide income of US business and adopt a territorial system similar to that used by many European countries. Professor Peroni rejects this idea, proposing a revised version of worldwide taxation that would more fairly allocate the US tax burden among its taxpayers than either the current regime or the territorial proposals.
Professor Robert Peroni, the James A. Elkins Centennial Chair in Law at the University of Texas School of Law, is one of the nation’s leading scholars in international taxation, energy taxation and professional responsibility. Prior to joining the Texas faculty, Professor Peroni taught at the Tulane University School of Law in New Orleans, from 1981-1989, and at the George Washington University Law School in Washington, D.C., from 1989-2003, where he was the Robert Kramer Research Professor of Law. From 2003-2005, Professor Peroni was the Parker C. Fielder Regents Professor in Tax Law at the University of Texas.
Professor Peroni’s publications include the three-volume treatise (co-authored with Joel Kuntz) U.S. International Taxation and the widely used casebook on international taxation, Taxation of International Transactions (co-authored with Charles Gustafson and Richard Pugh). His law review articles include “What’s Source Got to Do With It?”—Source Rules and U.S. International Taxation, 56 TAX L. REV. 81 (2002) (co-authored with Steve Shay and Cliff Fleming), The Decline in Lawyer Independence: Lawyer Equity Investments in Clients, 81 TEX. L. REV. 405 (2002) (co-authored with John Dzienkowski), and Deferral of U.S. Tax on International Income: End It, Don’t Mend It—Why Should We Be Stuck in the Middle with Subpart F?, 79 TEX. L. REV. 1609 (2001). [view flyer]