Corporate Expatriations: Loosening the bonds of control

Jacqueline Johnson, Mark Holub

Research output: Contribution to journalArticlepeer-review


Following criticism of former U.S. corporations for reincorporating offshore, legislation was proposedto remove any financial advantage gained. The move offshore has significant tax implications for theU.S. Treasury, so proposed legislation has tried to either retain some U.S. control over the companiesor limit their U.S. government business. Results indicate that individual expatriates show little effectfrom two years of anti-expatriation proposals and are unlikely to reverse their reincorporation decision.With the Bush administration's pro-corporate agenda there is little hope for a forceful anti-expatriationstance. Meanwhile the decline in corporate tax revenue continues to be a problem for the U.S. Treasury as they lose control of tax revenue as the budget is squeezed by needs at home and abroad.
Original languageEnglish
Pages (from-to)202-213
JournalCorporate Ownership & Control
Issue number1
Publication statusPublished - 2007


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