The Yale Law Journal

Robert E. Holo


Not So Fast: 163(j), 245A, and Leverage in the Post-TCJA World

Robert E. Holo, Jasmine N. Hay & William J. Smolinski

The Tax Cuts & Jobs Act moves the United States from a worldwide system of taxation to a quasi-territorial regime. This Essay reviews these changes and reflects on their likely effect on cross-border financing structures.