Via Forbes (December 31, 2017) – The alarm has sounded about the dire global implications of the U.S. decrease in corporate income tax rates that began with the start of 2018, raising the specter of the ‘beggar thy neighbor’ trade wars during the Depression when countries slapped on high tariffs to protect their home turfs. Just days after the enactment of the new U.S. tax law, European leaders suggested they may challenge Washington’s move in the World Trade Organization; China announced it would slash its corporate income tax on foreign investment to zero retroactive to January 2017; and Russia proposed to eliminate fully its already low tax on capital repatriated from abroad.
These all make for good headlines, but they rest on a false zero-sum game notion that as a government lowers its corporate tax rates…
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Will A Global Corporate Tax-Cutting War Yield The Intended Benefits? by Game Change Harry Broadman
Harry has also recently written about the recent millenial push for instant messaging and how it will enhance cybersecurity. You can read this article here.
About Harry Broadman
Harry Broadman is an expert practitioner in international finance, investment and trade, business growth, risk-mitigation, innovation strategy, and corporate governance. One of the earliest serial entrepreneurs, he’s re-invented himself more than a handful of times not only in an interdisciplinary fashion, but also across greatly differentiated senior roles in the private sector, interspersed with stints as a high-level policy maker. Broadman has emerged as a genuine thought-leader on the unforeseen dynamics that have changed the underlying structure and character of world markets—long before the term “globalization” was commonplace.
These insights shaped his career focus on structuring cross-border transactions, especially in high-growth emerging markets, the parts of the world toward which Harry has always had a strong predisposition. Illustrative of this, he’s worked on-the-ground with businesses large and small in more than 75 such countries across 5 continents. With an innate sense of how business functions, Harry’s professional journey has been propelled by an intense personal inquisitiveness about the elements that shape how successful firms grow rapidly, excel at remaining more competitive than rivals, reduce exposure to risks, and constantly innovate.
Harry’s accomplishments have been marked by successively creative approaches to identifying and seizing ‘first mover’ market advantage; structuring robust transactions for new product market entry, geographic expansion and agile supply chains; executing novel, multidimensional risk-mitigation strategies; incorporating productivity-enhancing changes in technology into operations; and enterprise restructuring to achieve superior management of net assets to enhance investment returns.
He is a seasoned decision-maker, especially in fast paced, high pressured, risky business and policy environments, and a tactful, creative negotiator of multi-party investment and trade transactions, particularly with foreign enterprises and governments. He has been a driving force advising, helping to create or establishing afresh highly successful enterprises positioned at the leading edge of their markets, and the builder and leader of globally dispersed, large, multi-cultural teams of professionals.
Broadman brings to C-suites and boardrooms a unique combination of fundamentally insightful and pragmatic views about how commercial, financial and policy changes that drive international markets impact workers at the factory floor upwards to the executive management team—and the reverse. He has the rare ability to frame the most salient business issues from a perspective rather than simply a ‘rear-view mirror’ vantage point and do so through a prism that recognizes the ‘non-linearities’ of changes in business environments.