id	author	title	date	pages	extension	mime	words	sentence	flesch	summary	cache	txt
taxlaw-3469	Singh, Kartikeya; Mathur, Aparna	THE IMPACT OF GILTI AND FDII ON THE INVESTMENT LOCATION CHOICE OF U.S. MULTINATIONALS	2019	26	.pdf	application/pdf	12420	460	50	As long as the economic rents from such investments are subject to U.S. tax, differences in the rates of such tax between the U.S. and other jurisdictions can motivate firms to locate their investments overseas. With immediate expensing already applying to investments in self-developed intangibles, such as research and development, advertising and marketing, the normal return on such investments should also be exempt from U.S. tax.23 Other things equal, the expensing rules would prevent U.S. tax from distorting the level of investments in different classes of business assets.	cache/taxlaw-3469.pdf	txt/taxlaw-3469.txt