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A Brief Guide to U.S. Corporate Tax Reform

Harvard Business Review

Even in an era of bitter partisanship, there’s consensus that the U.S. multinationals like GE have managed to pay less than nothing some years in federal corporate income taxes. So, the primary way that multinationals in particular lower their tax burden is by keeping profits “offshore” to avoid paying taxes.

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Why HR Really Does Add Value

Harvard Business Review

Adding legitimacy to this skepticism are new technologies that enable automation of routine transactions, offshoring and shared service organizations that specialize in managing many tactical elements of HR. This is a role that cannot be automated, shared as a service, offshored or outsourced.

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Businesses Can No Longer Avoid Becoming Political

Harvard Business Review

Rather than being undercut by new, lower-cost competitors in rapidly developing economies, such as China and India, companies have globalized their supply chains or offshored their production. Effective risk management requires business leaders to attend to these nonmarket threats and to develop nonmarket strategies.

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It’s Never Been More Important for Big Companies to Listen to Local Communities

Harvard Business Review

Look no further than the recent protests against the completion of the Keystone and the Dakota Access pipelines , or the opposition that stopped the development of the Cape Wind Associates’ offshore wind farm in Nantucket Sound. Conflicts like these with local communities are not only divisive, they are expensive.

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The U.S. Corporate Tax Code Is Broken. How Should We Fix It?

Harvard Business Review

It has created offshore entities holding tens of billions of dollars while claiming to be tax resident nowhere." Richard Harvey, in earlier testimony, said that the company managed to avoid about $7.7 My sense is that a consensus emerged from the hearings that Apple was not doing anything illegal. I asked Mihir A. Who is right?