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Transatlantic Tax Issues

In a new series on transatlantic tax issues James Clare and Justin Stalls of Latham & Watkins discuss how the US President-elect's tax plans may impact on UK businesses
Barack Obama will be sworn into office as the 44th President of the United States of America on 20 January 2009 arguably becoming the most powerful and influential person in the world. During his campaign the President-elect (then still a Senator in the running) published his written tax plan outlining the tax policies he would pursue as President (see The Obama campaign went on to supplement that written plan through various public pronouncements; the written plan and the pronouncements together becoming “the Plan” (for the purposes of this article at least).
The Plan was not prepared for...

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