Common Markets, Common Tax Problems

The purpose of this Essay is to identify some of the tax problems common to both the United States and the European Union and to explore potential solutions. As the length of the Essay suggests, I do not purport to discuss comprehensively each topic, or to cover every tax challenge common to the United States and European Union. Instead, my hope is that this Essay will become part of the ongoing trans-Atlantic dialog concerning our common tax problems and solutions that may work in both places. Of course, the significant differences between the United States and the European Union mean that tax lessons learned in one jurisdiction may only be applied in the other with considerable caution.