id	sid	tid	token	lemma	pos
ftr-371	1	1	microsoft	microsoft	PROPN
ftr-371	1	2	word	word	NOUN
ftr-371	1	3	first	first	ADV
ftr-371	1	4	5	5	NUM
ftr-371	1	5	pages-new.doc	pages-new.doc	PROPN
ftr-371	1	6	florida	florida	PROPN
ftr-371	1	7	tax	tax	NOUN
ftr-371	1	8	review	review	NOUN
ftr-371	1	9	volume	volume	NOUN
ftr-371	1	10	9	9	NUM
ftr-371	1	11	2009	2009	NUM
ftr-371	1	12	number	number	NOUN
ftr-371	1	13	5	5	NUM
ftr-371	1	14	469	469	NUM
ftr-371	1	15	international	international	ADJ
ftr-371	1	16	corporate	corporate	ADJ
ftr-371	1	17	income	income	NOUN
ftr-371	1	18	tax	tax	NOUN
ftr-371	1	19	reform	reform	NOUN
ftr-371	1	20	:	:	PUNCT
ftr-371	1	21	issues	issue	NOUN
ftr-371	1	22	and	and	CCONJ
ftr-371	1	23	proposals	proposal	NOUN
ftr-371	1	24	by	by	ADP
ftr-371	1	25	jane	jane	PROPN
ftr-371	1	26	g.	g.	PROPN
ftr-371	1	27	gravelle∗	gravelle∗	PROPN
ftr-371	1	28	i.	i.	PROPN
ftr-371	1	29	the	the	DET
ftr-371	1	30	current	current	ADJ
ftr-371	1	31	international	international	ADJ
ftr-371	1	32	tax	tax	NOUN
ftr-371	1	33	system	system	NOUN
ftr-371	1	34	.....................................	.....................................	PUNCT
ftr-371	1	35	471	471	NUM
ftr-371	1	36	ii	ii	NOUN
ftr-371	1	37	.	.	PUNCT
ftr-371	2	1	economic	economic	ADJ
ftr-371	2	2	issues	issue	NOUN
ftr-371	2	3	and	and	CCONJ
ftr-371	2	4	the	the	DET
ftr-371	2	5	allocation	allocation	NOUN
ftr-371	2	6	of	of	ADP
ftr-371	2	7	production	production	NOUN
ftr-371	2	8	.............	.............	PUNCT
ftr-371	2	9	474	474	NUM
ftr-371	2	10	iii	iii	NOUN
ftr-371	2	11	.	.	PUNCT
ftr-371	2	12	tax	tax	NOUN
ftr-371	2	13	avoidance	avoidance	NOUN
ftr-371	2	14	and	and	CCONJ
ftr-371	2	15	evasion	evasion	NOUN
ftr-371	2	16	..........................................................	..........................................................	PUNCT
ftr-371	2	17	483	483	NUM
ftr-371	2	18	iv	iv	NOUN
ftr-371	2	19	.	.	PUNCT
ftr-371	2	20	proposals	proposal	NOUN
ftr-371	2	21	for	for	ADP
ftr-371	2	22	revision	revision	NOUN
ftr-371	2	23	..................................................................	..................................................................	PUNCT
ftr-371	2	24	487	487	NUM
ftr-371	2	25	a.	a.	NOUN
ftr-371	2	26	specific	specific	ADJ
ftr-371	2	27	provisions	provision	NOUN
ftr-371	2	28	to	to	PART
ftr-371	2	29	address	address	VERB
ftr-371	2	30	tax	tax	NOUN
ftr-371	2	31	avoidance	avoidance	NOUN
ftr-371	2	32	and	and	CCONJ
ftr-371	2	33	tax	tax	NOUN
ftr-371	2	34	havens	haven	NOUN
ftr-371	2	35	....	....	PUNCT
ftr-371	3	1	488	488	NUM
ftr-371	3	2	b.	b.	PROPN
ftr-371	3	3	moving	move	VERB
ftr-371	3	4	to	to	ADP
ftr-371	3	5	a	a	DET
ftr-371	3	6	territorial	territorial	ADJ
ftr-371	3	7	tax	tax	NOUN
ftr-371	3	8	..........................................................	..........................................................	PUNCT
ftr-371	3	9	491	491	NUM
ftr-371	3	10	c.	c.	NOUN
ftr-371	3	11	moving	move	VERB
ftr-371	3	12	toward	toward	ADP
ftr-371	3	13	worldwide	worldwide	ADJ
ftr-371	3	14	taxation	taxation	NOUN
ftr-371	3	15	...........................................	...........................................	PUNCT
ftr-371	4	1	492	492	NUM
ftr-371	4	2	d.	d.	NOUN
ftr-371	4	3	revisions	revision	NOUN
ftr-371	4	4	in	in	ADP
ftr-371	4	5	the	the	DET
ftr-371	4	6	u.s	u.s	PROPN
ftr-371	4	7	.	.	PROPN
ftr-371	4	8	corporate	corporate	ADJ
ftr-371	4	9	tax	tax	NOUN
ftr-371	4	10	.............................................	.............................................	PUNCT
ftr-371	4	11	494	494	NUM
ftr-371	4	12	v.	v.	ADP
ftr-371	4	13	conclusion	conclusion	NOUN
ftr-371	4	14	.........................................................................................	.........................................................................................	PUNCT
ftr-371	4	15	496	496	NUM
ftr-371	4	16	∗	∗	NOUN
ftr-371	4	17	jane	jane	PROPN
ftr-371	4	18	g.	g.	PROPN
ftr-371	4	19	gravelle	gravelle	PROPN
ftr-371	4	20	is	be	AUX
ftr-371	4	21	currently	currently	ADV
ftr-371	4	22	a	a	DET
ftr-371	4	23	senior	senior	ADJ
ftr-371	4	24	specialist	specialist	NOUN
ftr-371	4	25	in	in	ADP
ftr-371	4	26	economic	economic	ADJ
ftr-371	4	27	policy	policy	NOUN
ftr-371	4	28	in	in	ADP
ftr-371	4	29	the	the	DET
ftr-371	4	30	government	government	NOUN
ftr-371	4	31	and	and	CCONJ
ftr-371	4	32	finance	finance	NOUN
ftr-371	4	33	division	division	NOUN
ftr-371	4	34	of	of	ADP
ftr-371	4	35	crs	crs	PROPN
ftr-371	4	36	,	,	PUNCT
ftr-371	4	37	specializing	specialize	VERB
ftr-371	4	38	in	in	ADP
ftr-371	4	39	the	the	DET
ftr-371	4	40	economics	economic	NOUN
ftr-371	4	41	of	of	ADP
ftr-371	4	42	taxation	taxation	NOUN
ftr-371	4	43	,	,	PUNCT
ftr-371	4	44	particularly	particularly	ADV
ftr-371	4	45	the	the	DET
ftr-371	4	46	effects	effect	NOUN
ftr-371	4	47	of	of	ADP
ftr-371	4	48	tax	tax	NOUN
ftr-371	4	49	policies	policy	NOUN
ftr-371	4	50	on	on	ADP
ftr-371	4	51	economic	economic	ADJ
ftr-371	4	52	growth	growth	NOUN
ftr-371	4	53	and	and	CCONJ
ftr-371	4	54	resource	resource	NOUN
ftr-371	4	55	allocation	allocation	NOUN
ftr-371	4	56	.	.	PUNCT
ftr-371	5	1	recent	recent	ADJ
ftr-371	5	2	papers	paper	NOUN
ftr-371	5	3	have	have	AUX
ftr-371	5	4	addressed	address	VERB
ftr-371	5	5	fiscal	fiscal	ADJ
ftr-371	5	6	stimulus	stimulus	NOUN
ftr-371	5	7	,	,	PUNCT
ftr-371	5	8	tax	tax	NOUN
ftr-371	5	9	rebates	rebate	NOUN
ftr-371	5	10	,	,	PUNCT
ftr-371	5	11	consumption	consumption	NOUN
ftr-371	5	12	taxes	taxis	NOUN
ftr-371	5	13	,	,	PUNCT
ftr-371	5	14	dynamic	dynamic	ADJ
ftr-371	5	15	revenue	revenue	NOUN
ftr-371	5	16	estimating	estimating	NOUN
ftr-371	5	17	,	,	PUNCT
ftr-371	5	18	investment	investment	NOUN
ftr-371	5	19	subsidies	subsidy	NOUN
ftr-371	5	20	,	,	PUNCT
ftr-371	5	21	capital	capital	NOUN
ftr-371	5	22	gains	gain	NOUN
ftr-371	5	23	taxes	taxis	NOUN
ftr-371	5	24	,	,	PUNCT
ftr-371	5	25	individual	individual	ADJ
ftr-371	5	26	retirement	retirement	NOUN
ftr-371	5	27	accounts	account	NOUN
ftr-371	5	28	,	,	PUNCT
ftr-371	5	29	estate	estate	NOUN
ftr-371	5	30	and	and	CCONJ
ftr-371	5	31	gift	gift	NOUN
ftr-371	5	32	taxes	taxis	NOUN
ftr-371	5	33	,	,	PUNCT
ftr-371	5	34	family	family	NOUN
ftr-371	5	35	tax	tax	NOUN
ftr-371	5	36	issues	issue	NOUN
ftr-371	5	37	,	,	PUNCT
ftr-371	5	38	charitable	charitable	ADJ
ftr-371	5	39	contributions	contribution	NOUN
ftr-371	5	40	,	,	PUNCT
ftr-371	5	41	and	and	CCONJ
ftr-371	5	42	corporate	corporate	ADJ
ftr-371	5	43	taxation	taxation	NOUN
ftr-371	5	44	.	.	PUNCT
ftr-371	6	1	in	in	ADP
ftr-371	6	2	addition	addition	NOUN
ftr-371	6	3	to	to	ADP
ftr-371	6	4	her	her	PRON
ftr-371	6	5	work	work	NOUN
ftr-371	6	6	at	at	ADP
ftr-371	6	7	crs	crs	PROPN
ftr-371	6	8	she	she	PRON
ftr-371	6	9	is	be	AUX
ftr-371	6	10	the	the	DET
ftr-371	6	11	author	author	NOUN
ftr-371	6	12	of	of	ADP
ftr-371	6	13	numerous	numerous	ADJ
ftr-371	6	14	articles	article	NOUN
ftr-371	6	15	in	in	ADP
ftr-371	6	16	books	book	NOUN
ftr-371	6	17	and	and	CCONJ
ftr-371	6	18	professional	professional	ADJ
ftr-371	6	19	journals	journal	NOUN
ftr-371	6	20	,	,	PUNCT
ftr-371	6	21	including	include	VERB
ftr-371	6	22	recent	recent	ADJ
ftr-371	6	23	papers	paper	NOUN
ftr-371	6	24	on	on	ADP
ftr-371	6	25	the	the	DET
ftr-371	6	26	tax	tax	NOUN
ftr-371	6	27	burdens	burden	NOUN
ftr-371	6	28	across	across	ADP
ftr-371	6	29	families	family	NOUN
ftr-371	6	30	and	and	CCONJ
ftr-371	6	31	tax	tax	NOUN
ftr-371	6	32	reform	reform	NOUN
ftr-371	6	33	proposals	proposal	NOUN
ftr-371	6	34	.	.	PUNCT
ftr-371	7	1	she	she	PRON
ftr-371	7	2	is	be	AUX
ftr-371	7	3	the	the	DET
ftr-371	7	4	author	author	NOUN
ftr-371	7	5	of	of	ADP
ftr-371	7	6	a	a	DET
ftr-371	7	7	book	book	NOUN
ftr-371	7	8	,	,	PUNCT
ftr-371	7	9	the	the	DET
ftr-371	7	10	economic	economic	ADJ
ftr-371	7	11	effects	effect	NOUN
ftr-371	7	12	of	of	ADP
ftr-371	7	13	taxing	tax	VERB
ftr-371	7	14	capital	capital	NOUN
ftr-371	7	15	income	income	NOUN
ftr-371	7	16	,	,	PUNCT
ftr-371	7	17	and	and	CCONJ
ftr-371	7	18	co	co	NOUN
ftr-371	7	19	-	-	NOUN
ftr-371	7	20	editor	editor	NOUN
ftr-371	7	21	of	of	ADP
ftr-371	7	22	the	the	DET
ftr-371	7	23	encyclopedia	encyclopedia	NOUN
ftr-371	7	24	of	of	ADP
ftr-371	7	25	taxation	taxation	NOUN
ftr-371	7	26	and	and	CCONJ
ftr-371	7	27	tax	tax	NOUN
ftr-371	7	28	policy	policy	NOUN
ftr-371	7	29	and	and	CCONJ
ftr-371	7	30	also	also	ADV
ftr-371	7	31	the	the	DET
ftr-371	7	32	editor	editor	NOUN
ftr-371	7	33	of	of	ADP
ftr-371	7	34	the	the	DET
ftr-371	7	35	tax	tax	NOUN
ftr-371	7	36	expenditure	expenditure	NOUN
ftr-371	7	37	compendium	compendium	NOUN
ftr-371	7	38	published	publish	VERB
ftr-371	7	39	every	every	DET
ftr-371	7	40	two	two	NUM
ftr-371	7	41	years	year	NOUN
ftr-371	7	42	by	by	ADP
ftr-371	7	43	the	the	DET
ftr-371	7	44	senate	senate	PROPN
ftr-371	7	45	budget	budget	PROPN
ftr-371	7	46	committee	committee	NOUN
ftr-371	7	47	.	.	PUNCT
ftr-371	8	1	she	she	PRON
ftr-371	8	2	holds	hold	VERB
ftr-371	8	3	a	a	DET
ftr-371	8	4	b.a	b.a	PROPN
ftr-371	8	5	.	.	PROPN
ftr-371	8	6	and	and	CCONJ
ftr-371	8	7	an	an	DET
ftr-371	8	8	m.a	m.a	PROPN
ftr-371	8	9	.	.	PROPN
ftr-371	8	10	in	in	ADP
ftr-371	8	11	political	political	ADJ
ftr-371	8	12	science	science	NOUN
ftr-371	8	13	from	from	ADP
ftr-371	8	14	the	the	DET
ftr-371	8	15	university	university	PROPN
ftr-371	8	16	of	of	ADP
ftr-371	8	17	georgia	georgia	PROPN
ftr-371	8	18	and	and	CCONJ
ftr-371	8	19	a	a	DET
ftr-371	8	20	ph.d	ph.d	PROPN
ftr-371	8	21	.	.	PUNCT
ftr-371	9	1	in	in	ADP
ftr-371	9	2	economics	economic	NOUN
ftr-371	9	3	from	from	ADP
ftr-371	9	4	george	george	PROPN
ftr-371	9	5	washington	washington	PROPN
ftr-371	9	6	university	university	PROPN
ftr-371	9	7	and	and	CCONJ
ftr-371	9	8	is	be	AUX
ftr-371	9	9	the	the	DET
ftr-371	9	10	past	past	ADJ
ftr-371	9	11	president	president	NOUN
ftr-371	9	12	of	of	ADP
ftr-371	9	13	the	the	DET
ftr-371	9	14	national	national	PROPN
ftr-371	9	15	tax	tax	PROPN
ftr-371	9	16	association	association	NOUN
ftr-371	9	17	and	and	CCONJ
ftr-371	9	18	received	receive	VERB
ftr-371	9	19	the	the	DET
ftr-371	9	20	nta	nta	PROPN
ftr-371	9	21	’s	’s	PART
ftr-371	9	22	public	public	ADJ
ftr-371	9	23	service	service	NOUN
ftr-371	9	24	award	award	NOUN
ftr-371	9	25	in	in	ADP
ftr-371	9	26	2007	2007	NUM
ftr-371	9	27	.	.	PUNCT
ftr-371	10	1	(	(	PUNCT
ftr-371	10	2	the	the	DET
ftr-371	10	3	views	view	NOUN
ftr-371	10	4	in	in	ADP
ftr-371	10	5	this	this	DET
ftr-371	10	6	paper	paper	NOUN
ftr-371	10	7	do	do	AUX
ftr-371	10	8	not	not	PART
ftr-371	10	9	reflect	reflect	VERB
ftr-371	10	10	the	the	DET
ftr-371	10	11	views	view	NOUN
ftr-371	10	12	of	of	ADP
ftr-371	10	13	the	the	DET
ftr-371	10	14	congressional	congressional	ADJ
ftr-371	10	15	research	research	NOUN
ftr-371	10	16	service	service	NOUN
ftr-371	10	17	or	or	CCONJ
ftr-371	10	18	the	the	DET
ftr-371	10	19	library	library	NOUN
ftr-371	10	20	of	of	ADP
ftr-371	10	21	congress	congress	PROPN
ftr-371	10	22	.	.	PUNCT
ftr-371	10	23	)	)	PUNCT
ftr-371	11	1	470	470	NUM
ftr-371	11	2	florida	florida	PROPN
ftr-371	11	3	tax	tax	NOUN
ftr-371	11	4	review	review	NOUN
ftr-371	11	5	[	[	X
ftr-371	11	6	vol	vol	NOUN
ftr-371	11	7	.	.	NOUN
ftr-371	11	8	9:5	9:5	NUM
ftr-371	11	9	while	while	SCONJ
ftr-371	11	10	details	detail	NOUN
ftr-371	11	11	have	have	AUX
ftr-371	11	12	changed	change	VERB
ftr-371	11	13	from	from	ADP
ftr-371	11	14	time	time	NOUN
ftr-371	11	15	to	to	ADP
ftr-371	11	16	time	time	NOUN
ftr-371	11	17	,	,	PUNCT
ftr-371	11	18	the	the	DET
ftr-371	11	19	basic	basic	ADJ
ftr-371	11	20	treatment	treatment	NOUN
ftr-371	11	21	of	of	ADP
ftr-371	11	22	foreign	foreign	ADJ
ftr-371	11	23	source	source	NOUN
ftr-371	11	24	income	income	NOUN
ftr-371	11	25	in	in	ADP
ftr-371	11	26	the	the	DET
ftr-371	11	27	united	united	PROPN
ftr-371	11	28	states	states	PROPN
ftr-371	11	29	tax	tax	PROPN
ftr-371	11	30	code	code	NOUN
ftr-371	11	31	has	have	AUX
ftr-371	11	32	remained	remain	VERB
ftr-371	11	33	essentially	essentially	ADV
ftr-371	11	34	the	the	DET
ftr-371	11	35	same	same	ADJ
ftr-371	11	36	as	as	ADP
ftr-371	11	37	that	that	PRON
ftr-371	11	38	in	in	ADP
ftr-371	11	39	1918	1918	NUM
ftr-371	11	40	,	,	PUNCT
ftr-371	11	41	when	when	SCONJ
ftr-371	11	42	the	the	DET
ftr-371	11	43	foreign	foreign	ADJ
ftr-371	11	44	tax	tax	NOUN
ftr-371	11	45	credit	credit	NOUN
ftr-371	11	46	was	be	AUX
ftr-371	11	47	introduced.1	introduced.1	PROPN
ftr-371	11	48	all	all	DET
ftr-371	11	49	worldwide	worldwide	ADJ
ftr-371	11	50	income	income	NOUN
ftr-371	11	51	is	be	AUX
ftr-371	11	52	currently	currently	ADV
ftr-371	11	53	taxed	tax	VERB
ftr-371	11	54	,	,	PUNCT
ftr-371	11	55	with	with	ADP
ftr-371	11	56	a	a	DET
ftr-371	11	57	credit	credit	NOUN
ftr-371	11	58	for	for	ADP
ftr-371	11	59	foreign	foreign	ADJ
ftr-371	11	60	taxes	taxis	NOUN
ftr-371	11	61	paid	pay	VERB
ftr-371	11	62	,	,	PUNCT
ftr-371	11	63	but	but	CCONJ
ftr-371	11	64	income	income	NOUN
ftr-371	11	65	of	of	ADP
ftr-371	11	66	subsidiaries	subsidiary	NOUN
ftr-371	11	67	incorporated	incorporate	VERB
ftr-371	11	68	in	in	ADP
ftr-371	11	69	foreign	foreign	ADJ
ftr-371	11	70	jurisdictions	jurisdiction	NOUN
ftr-371	11	71	is	be	AUX
ftr-371	11	72	not	not	PART
ftr-371	11	73	considered	consider	VERB
ftr-371	11	74	part	part	NOUN
ftr-371	11	75	of	of	ADP
ftr-371	11	76	that	that	DET
ftr-371	11	77	worldwide	worldwide	ADJ
ftr-371	11	78	income	income	NOUN
ftr-371	11	79	until	until	SCONJ
ftr-371	11	80	it	it	PRON
ftr-371	11	81	is	be	AUX
ftr-371	11	82	repatriated	repatriate	VERB
ftr-371	11	83	.	.	PUNCT
ftr-371	12	1	as	as	ADP
ftr-371	12	2	a	a	DET
ftr-371	12	3	result	result	NOUN
ftr-371	12	4	of	of	ADP
ftr-371	12	5	a	a	DET
ftr-371	12	6	revision	revision	NOUN
ftr-371	12	7	in	in	ADP
ftr-371	12	8	1962	1962	NUM
ftr-371	12	9	,	,	PUNCT
ftr-371	12	10	certain	certain	ADJ
ftr-371	12	11	passive	passive	ADJ
ftr-371	12	12	income	income	NOUN
ftr-371	12	13	of	of	ADP
ftr-371	12	14	foreign	foreign	ADJ
ftr-371	12	15	subsidiaries	subsidiary	NOUN
ftr-371	12	16	is	be	AUX
ftr-371	12	17	subject	subject	ADJ
ftr-371	12	18	to	to	ADP
ftr-371	12	19	current	current	ADJ
ftr-371	12	20	taxation	taxation	NOUN
ftr-371	12	21	under	under	ADP
ftr-371	12	22	subpart	subpart	PROPN
ftr-371	12	23	f	f	PROPN
ftr-371	12	24	of	of	ADP
ftr-371	12	25	the	the	DET
ftr-371	12	26	internal	internal	ADJ
ftr-371	12	27	revenue	revenue	NOUN
ftr-371	12	28	code	code	NOUN
ftr-371	12	29	.	.	PUNCT
ftr-371	13	1	this	this	DET
ftr-371	13	2	system	system	NOUN
ftr-371	13	3	produces	produce	VERB
ftr-371	13	4	a	a	DET
ftr-371	13	5	number	number	NOUN
ftr-371	13	6	of	of	ADP
ftr-371	13	7	economic	economic	ADJ
ftr-371	13	8	distortions	distortion	NOUN
ftr-371	13	9	as	as	ADV
ftr-371	13	10	well	well	ADV
ftr-371	13	11	as	as	ADP
ftr-371	13	12	opportunities	opportunity	NOUN
ftr-371	13	13	for	for	ADP
ftr-371	13	14	tax	tax	NOUN
ftr-371	13	15	avoidance	avoidance	NOUN
ftr-371	13	16	.	.	PUNCT
ftr-371	14	1	those	those	DET
ftr-371	14	2	continuing	continue	VERB
ftr-371	14	3	issues	issue	NOUN
ftr-371	14	4	,	,	PUNCT
ftr-371	14	5	along	along	ADP
ftr-371	14	6	with	with	ADP
ftr-371	14	7	the	the	DET
ftr-371	14	8	increasing	increase	VERB
ftr-371	14	9	integration	integration	NOUN
ftr-371	14	10	of	of	ADP
ftr-371	14	11	the	the	DET
ftr-371	14	12	global	global	ADJ
ftr-371	14	13	economy	economy	NOUN
ftr-371	14	14	,	,	PUNCT
ftr-371	14	15	have	have	AUX
ftr-371	14	16	led	lead	VERB
ftr-371	14	17	to	to	ADP
ftr-371	14	18	proposals	proposal	NOUN
ftr-371	14	19	for	for	ADP
ftr-371	14	20	reform	reform	NOUN
ftr-371	14	21	.	.	PUNCT
ftr-371	15	1	these	these	DET
ftr-371	15	2	proposals	proposal	NOUN
ftr-371	15	3	fall	fall	VERB
ftr-371	15	4	roughly	roughly	ADV
ftr-371	15	5	into	into	ADP
ftr-371	15	6	four	four	NUM
ftr-371	15	7	categories	category	NOUN
ftr-371	15	8	:	:	PUNCT
ftr-371	15	9	narrow	narrow	ADJ
ftr-371	15	10	proposals	proposal	NOUN
ftr-371	15	11	aimed	aim	VERB
ftr-371	15	12	at	at	ADP
ftr-371	15	13	tax	tax	NOUN
ftr-371	15	14	avoidance	avoidance	NOUN
ftr-371	15	15	concerns	concern	NOUN
ftr-371	15	16	,	,	PUNCT
ftr-371	15	17	proposals	proposal	NOUN
ftr-371	15	18	to	to	PART
ftr-371	15	19	move	move	VERB
ftr-371	15	20	the	the	DET
ftr-371	15	21	system	system	NOUN
ftr-371	15	22	towards	towards	ADP
ftr-371	15	23	a	a	DET
ftr-371	15	24	pure	pure	ADJ
ftr-371	15	25	territorial	territorial	NOUN
ftr-371	15	26	(	(	PUNCT
ftr-371	15	27	or	or	CCONJ
ftr-371	15	28	source	source	NOUN
ftr-371	15	29	-	-	PUNCT
ftr-371	15	30	based	base	VERB
ftr-371	15	31	)	)	PUNCT
ftr-371	15	32	system	system	NOUN
ftr-371	15	33	,	,	PUNCT
ftr-371	15	34	proposals	proposal	NOUN
ftr-371	15	35	to	to	PART
ftr-371	15	36	move	move	VERB
ftr-371	15	37	the	the	DET
ftr-371	15	38	system	system	NOUN
ftr-371	15	39	in	in	ADP
ftr-371	15	40	the	the	DET
ftr-371	15	41	opposite	opposite	ADJ
ftr-371	15	42	direction	direction	NOUN
ftr-371	15	43	towards	towards	ADP
ftr-371	15	44	a	a	DET
ftr-371	15	45	current	current	ADJ
ftr-371	15	46	world	world	NOUN
ftr-371	15	47	-	-	PUNCT
ftr-371	15	48	wide	wide	ADJ
ftr-371	15	49	tax	tax	NOUN
ftr-371	15	50	system	system	NOUN
ftr-371	15	51	,	,	PUNCT
ftr-371	15	52	or	or	CCONJ
ftr-371	15	53	proposals	proposal	NOUN
ftr-371	15	54	to	to	PART
ftr-371	15	55	retain	retain	VERB
ftr-371	15	56	the	the	DET
ftr-371	15	57	current	current	ADJ
ftr-371	15	58	system	system	NOUN
ftr-371	15	59	but	but	CCONJ
ftr-371	15	60	lower	low	ADJ
ftr-371	15	61	the	the	DET
ftr-371	15	62	corporate	corporate	ADJ
ftr-371	15	63	tax	tax	NOUN
ftr-371	15	64	rate	rate	NOUN
ftr-371	15	65	with	with	ADP
ftr-371	15	66	revenue	revenue	NOUN
ftr-371	15	67	offsets	offset	NOUN
ftr-371	15	68	.	.	PUNCT
ftr-371	16	1	in	in	ADP
ftr-371	16	2	evaluating	evaluate	VERB
ftr-371	16	3	these	these	DET
ftr-371	16	4	proposed	propose	VERB
ftr-371	16	5	tax	tax	NOUN
ftr-371	16	6	changes	change	NOUN
ftr-371	16	7	,	,	PUNCT
ftr-371	16	8	two	two	NUM
ftr-371	16	9	issues	issue	NOUN
ftr-371	16	10	,	,	PUNCT
ftr-371	16	11	which	which	PRON
ftr-371	16	12	are	be	AUX
ftr-371	16	13	related	relate	VERB
ftr-371	16	14	but	but	CCONJ
ftr-371	16	15	nevertheless	nevertheless	ADV
ftr-371	16	16	not	not	PART
ftr-371	16	17	identical	identical	ADJ
ftr-371	16	18	,	,	PUNCT
ftr-371	16	19	should	should	AUX
ftr-371	16	20	be	be	AUX
ftr-371	16	21	considered	consider	VERB
ftr-371	16	22	.	.	PUNCT
ftr-371	17	1	the	the	DET
ftr-371	17	2	first	first	ADJ
ftr-371	17	3	is	be	AUX
ftr-371	17	4	the	the	DET
ftr-371	17	5	real	real	ADJ
ftr-371	17	6	effects	effect	NOUN
ftr-371	17	7	of	of	ADP
ftr-371	17	8	current	current	ADJ
ftr-371	17	9	law	law	NOUN
ftr-371	17	10	and	and	CCONJ
ftr-371	17	11	of	of	ADP
ftr-371	17	12	a	a	DET
ftr-371	17	13	revision	revision	NOUN
ftr-371	17	14	on	on	ADP
ftr-371	17	15	economic	economic	ADJ
ftr-371	17	16	activity	activity	NOUN
ftr-371	17	17	.	.	PUNCT
ftr-371	18	1	when	when	SCONJ
ftr-371	18	2	investment	investment	NOUN
ftr-371	18	3	responds	respond	VERB
ftr-371	18	4	to	to	ADP
ftr-371	18	5	tax	tax	NOUN
ftr-371	18	6	differentials	differential	NOUN
ftr-371	18	7	,	,	PUNCT
ftr-371	18	8	it	it	PRON
ftr-371	18	9	affects	affect	VERB
ftr-371	18	10	the	the	DET
ftr-371	18	11	allocation	allocation	NOUN
ftr-371	18	12	of	of	ADP
ftr-371	18	13	capital	capital	NOUN
ftr-371	18	14	which	which	PRON
ftr-371	18	15	in	in	ADP
ftr-371	18	16	turn	turn	NOUN
ftr-371	18	17	has	have	VERB
ftr-371	18	18	implications	implication	NOUN
ftr-371	18	19	for	for	ADP
ftr-371	18	20	efficiency	efficiency	NOUN
ftr-371	18	21	and	and	CCONJ
ftr-371	18	22	income	income	NOUN
ftr-371	18	23	distribution	distribution	NOUN
ftr-371	18	24	(	(	PUNCT
ftr-371	18	25	the	the	DET
ftr-371	18	26	extent	extent	NOUN
ftr-371	18	27	to	to	PART
ftr-371	18	28	which	which	PRON
ftr-371	18	29	the	the	DET
ftr-371	18	30	tax	tax	NOUN
ftr-371	18	31	burden	burden	NOUN
ftr-371	18	32	falls	fall	VERB
ftr-371	18	33	on	on	ADP
ftr-371	18	34	capital	capital	NOUN
ftr-371	18	35	versus	versus	ADP
ftr-371	18	36	labor	labor	NOUN
ftr-371	18	37	incomes	income	NOUN
ftr-371	18	38	)	)	PUNCT
ftr-371	18	39	.	.	PUNCT
ftr-371	19	1	in	in	ADP
ftr-371	19	2	a	a	DET
ftr-371	19	3	closed	closed	ADJ
ftr-371	19	4	economy	economy	NOUN
ftr-371	19	5	with	with	ADP
ftr-371	19	6	a	a	DET
ftr-371	19	7	fixed	fix	VERB
ftr-371	19	8	capital	capital	NOUN
ftr-371	19	9	stock	stock	NOUN
ftr-371	19	10	,	,	PUNCT
ftr-371	19	11	the	the	DET
ftr-371	19	12	burden	burden	NOUN
ftr-371	19	13	of	of	ADP
ftr-371	19	14	the	the	DET
ftr-371	19	15	corporate	corporate	ADJ
ftr-371	19	16	tax	tax	NOUN
ftr-371	19	17	falls	fall	VERB
ftr-371	19	18	on	on	ADP
ftr-371	19	19	capital	capital	NOUN
ftr-371	19	20	income	income	NOUN
ftr-371	19	21	in	in	ADP
ftr-371	19	22	general.2	general.2	PROPN
ftr-371	19	23	if	if	SCONJ
ftr-371	19	24	the	the	DET
ftr-371	19	25	u.s	u.s	PROPN
ftr-371	19	26	.	.	PROPN
ftr-371	19	27	corporate	corporate	ADJ
ftr-371	19	28	tax	tax	NOUN
ftr-371	19	29	does	do	AUX
ftr-371	19	30	not	not	PART
ftr-371	19	31	apply	apply	VERB
ftr-371	19	32	in	in	ADP
ftr-371	19	33	the	the	DET
ftr-371	19	34	foreign	foreign	ADJ
ftr-371	19	35	jurisdiction	jurisdiction	NOUN
ftr-371	19	36	,	,	PUNCT
ftr-371	19	37	capital	capital	NOUN
ftr-371	19	38	can	can	AUX
ftr-371	19	39	flow	flow	VERB
ftr-371	19	40	abroad	abroad	ADV
ftr-371	19	41	with	with	ADP
ftr-371	19	42	the	the	DET
ftr-371	19	43	result	result	NOUN
ftr-371	19	44	that	that	SCONJ
ftr-371	19	45	some	some	PRON
ftr-371	19	46	of	of	ADP
ftr-371	19	47	the	the	DET
ftr-371	19	48	burden	burden	NOUN
ftr-371	19	49	on	on	ADP
ftr-371	19	50	the	the	DET
ftr-371	19	51	tax	tax	NOUN
ftr-371	19	52	falls	fall	VERB
ftr-371	19	53	on	on	ADP
ftr-371	19	54	labor	labor	NOUN
ftr-371	19	55	(	(	PUNCT
ftr-371	19	56	depending	depend	VERB
ftr-371	19	57	on	on	ADP
ftr-371	19	58	the	the	DET
ftr-371	19	59	mobility	mobility	NOUN
ftr-371	19	60	of	of	ADP
ftr-371	19	61	capital).3	capital).3	PROPN
ftr-371	19	62	thus	thus	ADV
ftr-371	19	63	,	,	PUNCT
ftr-371	19	64	the	the	DET
ftr-371	19	65	international	international	ADJ
ftr-371	19	66	tax	tax	NOUN
ftr-371	19	67	system	system	NOUN
ftr-371	19	68	has	have	VERB
ftr-371	19	69	implications	implication	NOUN
ftr-371	19	70	for	for	ADP
ftr-371	19	71	the	the	DET
ftr-371	19	72	overall	overall	ADJ
ftr-371	19	73	welfare	welfare	NOUN
ftr-371	19	74	of	of	ADP
ftr-371	19	75	the	the	DET
ftr-371	19	76	united	united	PROPN
ftr-371	19	77	states	states	PROPN
ftr-371	19	78	,	,	PUNCT
ftr-371	19	79	and	and	CCONJ
ftr-371	19	80	the	the	DET
ftr-371	19	81	world	world	NOUN
ftr-371	19	82	,	,	PUNCT
ftr-371	19	83	and	and	CCONJ
ftr-371	19	84	for	for	ADP
ftr-371	19	85	the	the	DET
ftr-371	19	86	division	division	NOUN
ftr-371	19	87	of	of	ADP
ftr-371	19	88	that	that	DET
ftr-371	19	89	welfare	welfare	NOUN
ftr-371	19	90	between	between	ADP
ftr-371	19	91	those	those	PRON
ftr-371	19	92	with	with	ADP
ftr-371	19	93	primarily	primarily	ADV
ftr-371	19	94	labor	labor	NOUN
ftr-371	19	95	income	income	NOUN
ftr-371	19	96	,	,	PUNCT
ftr-371	19	97	who	who	PRON
ftr-371	19	98	tend	tend	VERB
ftr-371	19	99	to	to	PART
ftr-371	19	100	have	have	VERB
ftr-371	19	101	lower	low	ADJ
ftr-371	19	102	incomes	income	NOUN
ftr-371	19	103	,	,	PUNCT
ftr-371	19	104	and	and	CCONJ
ftr-371	19	105	those	those	PRON
ftr-371	19	106	with	with	ADP
ftr-371	19	107	primarily	primarily	ADV
ftr-371	19	108	capital	capital	NOUN
ftr-371	19	109	income	income	NOUN
ftr-371	19	110	,	,	PUNCT
ftr-371	19	111	who	who	PRON
ftr-371	19	112	tend	tend	VERB
ftr-371	19	113	to	to	PART
ftr-371	19	114	have	have	VERB
ftr-371	19	115	higher	high	ADJ
ftr-371	19	116	incomes	income	NOUN
ftr-371	19	117	.	.	PUNCT
ftr-371	20	1	1	1	X
ftr-371	20	2	.	.	X
ftr-371	20	3	see	see	VERB
ftr-371	20	4	william	william	PROPN
ftr-371	20	5	p.	p.	PROPN
ftr-371	20	6	mcclure	mcclure	PROPN
ftr-371	20	7	and	and	CCONJ
ftr-371	20	8	herman	herman	PROPN
ftr-371	20	9	b.	b.	PROPN
ftr-371	20	10	bouma	bouma	PROPN
ftr-371	20	11	,	,	PUNCT
ftr-371	20	12	“	"	PUNCT
ftr-371	20	13	the	the	DET
ftr-371	20	14	taxation	taxation	NOUN
ftr-371	20	15	of	of	ADP
ftr-371	20	16	foreign	foreign	ADJ
ftr-371	20	17	income	income	NOUN
ftr-371	20	18	from	from	ADP
ftr-371	20	19	1909	1909	NUM
ftr-371	20	20	to	to	ADP
ftr-371	20	21	1989	1989	NUM
ftr-371	20	22	:	:	PUNCT
ftr-371	20	23	how	how	SCONJ
ftr-371	20	24	a	a	DET
ftr-371	20	25	tilted	tilted	ADJ
ftr-371	20	26	playing	playing	NOUN
ftr-371	20	27	field	field	NOUN
ftr-371	20	28	developed	develop	VERB
ftr-371	20	29	,	,	PUNCT
ftr-371	20	30	”	"	PUNCT
ftr-371	20	31	tax	tax	NOUN
ftr-371	20	32	notes	note	NOUN
ftr-371	20	33	,	,	PUNCT
ftr-371	20	34	jun	jun	PROPN
ftr-371	20	35	.	.	PROPN
ftr-371	20	36	19	19	NUM
ftr-371	20	37	,	,	PUNCT
ftr-371	20	38	1989	1989	NUM
ftr-371	20	39	,	,	PUNCT
ftr-371	20	40	pp	pp	ADP
ftr-371	20	41	.	.	PUNCT
ftr-371	20	42	13701390	13701390	NUM
ftr-371	20	43	for	for	ADP
ftr-371	20	44	a	a	DET
ftr-371	20	45	discussion	discussion	NOUN
ftr-371	20	46	of	of	ADP
ftr-371	20	47	the	the	DET
ftr-371	20	48	evolution	evolution	NOUN
ftr-371	20	49	of	of	ADP
ftr-371	20	50	the	the	DET
ftr-371	20	51	tax	tax	NOUN
ftr-371	20	52	system	system	NOUN
ftr-371	20	53	.	.	PUNCT
ftr-371	21	1	2	2	X
ftr-371	21	2	.	.	X
ftr-371	21	3	this	this	DET
ftr-371	21	4	outcome	outcome	NOUN
ftr-371	21	5	is	be	AUX
ftr-371	21	6	the	the	DET
ftr-371	21	7	standard	standard	ADJ
ftr-371	21	8	result	result	NOUN
ftr-371	21	9	of	of	ADP
ftr-371	21	10	the	the	DET
ftr-371	21	11	widely	widely	ADV
ftr-371	21	12	accepted	accept	VERB
ftr-371	21	13	harberger	harberger	NOUN
ftr-371	21	14	model	model	NOUN
ftr-371	21	15	.	.	PUNCT
ftr-371	22	1	see	see	VERB
ftr-371	22	2	arnold	arnold	PROPN
ftr-371	22	3	c.	c.	PROPN
ftr-371	22	4	harberger	harberger	PROPN
ftr-371	22	5	,	,	PUNCT
ftr-371	22	6	“	"	PUNCT
ftr-371	22	7	the	the	DET
ftr-371	22	8	incidence	incidence	NOUN
ftr-371	22	9	of	of	ADP
ftr-371	22	10	the	the	DET
ftr-371	22	11	corporate	corporate	ADJ
ftr-371	22	12	income	income	NOUN
ftr-371	22	13	tax	tax	NOUN
ftr-371	22	14	,	,	PUNCT
ftr-371	22	15	”	"	PUNCT
ftr-371	22	16	journal	journal	NOUN
ftr-371	22	17	of	of	ADP
ftr-371	22	18	political	political	ADJ
ftr-371	22	19	economy	economy	NOUN
ftr-371	22	20	70	70	NUM
ftr-371	22	21	(	(	PUNCT
ftr-371	22	22	jun	jun	PROPN
ftr-371	22	23	.	.	PROPN
ftr-371	22	24	1962	1962	NUM
ftr-371	22	25	):	):	PUNCT
ftr-371	22	26	215	215	NUM
ftr-371	22	27	-	-	SYM
ftr-371	22	28	240	240	NUM
ftr-371	22	29	.	.	PUNCT
ftr-371	23	1	3	3	X
ftr-371	23	2	.	.	X
ftr-371	23	3	see	see	VERB
ftr-371	23	4	gravelle	gravelle	NOUN
ftr-371	23	5	,	,	PUNCT
ftr-371	23	6	jane	jane	PROPN
ftr-371	23	7	g.	g.	PROPN
ftr-371	23	8	and	and	CCONJ
ftr-371	23	9	kent	kent	PROPN
ftr-371	23	10	a.	a.	PROPN
ftr-371	23	11	smetters	smetter	NOUN
ftr-371	23	12	(	(	PUNCT
ftr-371	23	13	2006	2006	NUM
ftr-371	23	14	)	)	PUNCT
ftr-371	23	15	,	,	PUNCT
ftr-371	23	16	‘	'	PUNCT
ftr-371	23	17	does	do	AUX
ftr-371	23	18	the	the	DET
ftr-371	23	19	open	open	ADJ
ftr-371	23	20	economy	economy	NOUN
ftr-371	23	21	assumption	assumption	NOUN
ftr-371	23	22	really	really	ADV
ftr-371	23	23	mean	mean	VERB
ftr-371	23	24	that	that	SCONJ
ftr-371	23	25	labor	labor	NOUN
ftr-371	23	26	bears	bear	VERB
ftr-371	23	27	the	the	DET
ftr-371	23	28	burden	burden	NOUN
ftr-371	23	29	of	of	ADP
ftr-371	23	30	a	a	DET
ftr-371	23	31	capital	capital	NOUN
ftr-371	23	32	income	income	NOUN
ftr-371	23	33	tax	tax	NOUN
ftr-371	23	34	?	?	PUNCT
ftr-371	23	35	’	'	PUNCT
ftr-371	24	1	advances	advance	NOUN
ftr-371	24	2	in	in	ADP
ftr-371	24	3	economic	economic	ADJ
ftr-371	24	4	policy	policy	NOUN
ftr-371	24	5	and	and	CCONJ
ftr-371	24	6	analysis	analysis	NOUN
ftr-371	24	7	6	6	NUM
ftr-371	24	8	(	(	PUNCT
ftr-371	24	9	1	1	NUM
ftr-371	24	10	):	):	PUNCT
ftr-371	24	11	1	1	NUM
ftr-371	24	12	-	-	SYM
ftr-371	24	13	42	42	NUM
ftr-371	24	14	.	.	PUNCT
ftr-371	25	1	2009	2009	NUM
ftr-371	25	2	]	]	PUNCT
ftr-371	25	3	international	international	ADJ
ftr-371	25	4	corporate	corporate	ADJ
ftr-371	25	5	tax	tax	NOUN
ftr-371	25	6	reform	reform	NOUN
ftr-371	25	7	471	471	NUM
ftr-371	25	8	the	the	DET
ftr-371	25	9	second	second	ADJ
ftr-371	25	10	issue	issue	NOUN
ftr-371	25	11	is	be	AUX
ftr-371	25	12	revenue	revenue	NOUN
ftr-371	25	13	.	.	PUNCT
ftr-371	26	1	the	the	DET
ftr-371	26	2	revenue	revenue	NOUN
ftr-371	26	3	base	base	NOUN
ftr-371	26	4	can	can	AUX
ftr-371	26	5	be	be	AUX
ftr-371	26	6	affected	affect	VERB
ftr-371	26	7	by	by	ADP
ftr-371	26	8	international	international	ADJ
ftr-371	26	9	capital	capital	NOUN
ftr-371	26	10	flows	flow	NOUN
ftr-371	26	11	.	.	PUNCT
ftr-371	27	1	in	in	ADP
ftr-371	27	2	addition	addition	NOUN
ftr-371	27	3	,	,	PUNCT
ftr-371	27	4	without	without	ADP
ftr-371	27	5	changing	change	VERB
ftr-371	27	6	economic	economic	ADJ
ftr-371	27	7	activity	activity	NOUN
ftr-371	27	8	,	,	PUNCT
ftr-371	27	9	revenues	revenue	NOUN
ftr-371	27	10	are	be	AUX
ftr-371	27	11	affected	affect	VERB
ftr-371	27	12	if	if	SCONJ
ftr-371	27	13	firms	firm	NOUN
ftr-371	27	14	move	move	VERB
ftr-371	27	15	the	the	DET
ftr-371	27	16	location	location	NOUN
ftr-371	27	17	of	of	ADP
ftr-371	27	18	their	their	PRON
ftr-371	27	19	profits	profit	NOUN
ftr-371	27	20	.	.	PUNCT
ftr-371	28	1	this	this	DET
ftr-371	28	2	shift	shift	NOUN
ftr-371	28	3	in	in	ADP
ftr-371	28	4	profits	profit	NOUN
ftr-371	28	5	can	can	AUX
ftr-371	28	6	occur	occur	VERB
ftr-371	28	7	through	through	ADP
ftr-371	28	8	either	either	PRON
ftr-371	28	9	avoidance	avoidance	NOUN
ftr-371	28	10	or	or	CCONJ
ftr-371	28	11	evasion	evasion	NOUN
ftr-371	28	12	.	.	PUNCT
ftr-371	29	1	i	i	PRON
ftr-371	29	2	define	define	VERB
ftr-371	29	3	avoidance	avoidance	NOUN
ftr-371	29	4	as	as	ADP
ftr-371	29	5	reducing	reduce	VERB
ftr-371	29	6	taxes	taxis	NOUN
ftr-371	29	7	legally	legally	ADV
ftr-371	29	8	,	,	PUNCT
ftr-371	29	9	but	but	CCONJ
ftr-371	29	10	often	often	ADV
ftr-371	29	11	in	in	ADP
ftr-371	29	12	ways	way	NOUN
ftr-371	29	13	not	not	PART
ftr-371	29	14	intended	intend	VERB
ftr-371	29	15	by	by	ADP
ftr-371	29	16	policy	policy	NOUN
ftr-371	29	17	-	-	PUNCT
ftr-371	29	18	makers	maker	NOUN
ftr-371	29	19	;	;	PUNCT
ftr-371	29	20	evasion	evasion	NOUN
ftr-371	29	21	is	be	AUX
ftr-371	29	22	an	an	DET
ftr-371	29	23	illegal	illegal	ADJ
ftr-371	29	24	activity	activity	NOUN
ftr-371	29	25	.	.	PUNCT
ftr-371	30	1	evasion	evasion	NOUN
ftr-371	30	2	may	may	AUX
ftr-371	30	3	be	be	AUX
ftr-371	30	4	more	more	ADJ
ftr-371	30	5	of	of	ADP
ftr-371	30	6	an	an	DET
ftr-371	30	7	issue	issue	NOUN
ftr-371	30	8	with	with	ADP
ftr-371	30	9	individuals	individual	NOUN
ftr-371	30	10	and	and	CCONJ
ftr-371	30	11	smaller	small	ADJ
ftr-371	30	12	firms	firm	NOUN
ftr-371	30	13	rather	rather	ADV
ftr-371	30	14	than	than	ADP
ftr-371	30	15	large	large	ADJ
ftr-371	30	16	multinationals;4	multinationals;4	NOUN
ftr-371	30	17	however	however	ADV
ftr-371	30	18	,	,	PUNCT
ftr-371	30	19	the	the	DET
ftr-371	30	20	line	line	NOUN
ftr-371	30	21	between	between	ADP
ftr-371	30	22	the	the	DET
ftr-371	30	23	two	two	NUM
ftr-371	30	24	is	be	AUX
ftr-371	30	25	often	often	ADV
ftr-371	30	26	blurred	blur	VERB
ftr-371	30	27	.	.	PUNCT
ftr-371	31	1	tax	tax	NOUN
ftr-371	31	2	avoidance	avoidance	NOUN
ftr-371	31	3	,	,	PUNCT
ftr-371	31	4	at	at	ADP
ftr-371	31	5	least	least	ADJ
ftr-371	31	6	,	,	PUNCT
ftr-371	31	7	may	may	AUX
ftr-371	31	8	be	be	AUX
ftr-371	31	9	facilitated	facilitate	VERB
ftr-371	31	10	or	or	CCONJ
ftr-371	31	11	limited	limit	VERB
ftr-371	31	12	by	by	ADP
ftr-371	31	13	the	the	DET
ftr-371	31	14	fundamental	fundamental	ADJ
ftr-371	31	15	tax	tax	NOUN
ftr-371	31	16	regime	regime	NOUN
ftr-371	31	17	.	.	PUNCT
ftr-371	32	1	ideally	ideally	ADV
ftr-371	32	2	,	,	PUNCT
ftr-371	32	3	a	a	DET
ftr-371	32	4	tax	tax	NOUN
ftr-371	32	5	system	system	NOUN
ftr-371	32	6	that	that	PRON
ftr-371	32	7	moves	move	VERB
ftr-371	32	8	closer	close	ADV
ftr-371	32	9	to	to	ADP
ftr-371	32	10	neutrality	neutrality	NOUN
ftr-371	32	11	and	and	CCONJ
ftr-371	32	12	economic	economic	ADJ
ftr-371	32	13	efficiency	efficiency	NOUN
ftr-371	32	14	as	as	ADV
ftr-371	32	15	well	well	ADV
ftr-371	32	16	as	as	ADP
ftr-371	32	17	limiting	limit	VERB
ftr-371	32	18	the	the	DET
ftr-371	32	19	scope	scope	NOUN
ftr-371	32	20	for	for	ADP
ftr-371	32	21	avoidance	avoidance	NOUN
ftr-371	32	22	would	would	AUX
ftr-371	32	23	be	be	AUX
ftr-371	32	24	preferable	preferable	ADJ
ftr-371	32	25	.	.	PUNCT
ftr-371	33	1	when	when	SCONJ
ftr-371	33	2	the	the	DET
ftr-371	33	3	two	two	NUM
ftr-371	33	4	conflict	conflict	NOUN
ftr-371	33	5	,	,	PUNCT
ftr-371	33	6	it	it	PRON
ftr-371	33	7	is	be	AUX
ftr-371	33	8	important	important	ADJ
ftr-371	33	9	to	to	PART
ftr-371	33	10	know	know	VERB
ftr-371	33	11	which	which	PRON
ftr-371	33	12	might	might	AUX
ftr-371	33	13	be	be	AUX
ftr-371	33	14	more	more	ADV
ftr-371	33	15	serious	serious	ADJ
ftr-371	33	16	.	.	PUNCT
ftr-371	34	1	for	for	ADP
ftr-371	34	2	example	example	NOUN
ftr-371	34	3	,	,	PUNCT
ftr-371	34	4	if	if	SCONJ
ftr-371	34	5	real	real	ADJ
ftr-371	34	6	capital	capital	NOUN
ftr-371	34	7	flows	flow	NOUN
ftr-371	34	8	are	be	AUX
ftr-371	34	9	viewed	view	VERB
ftr-371	34	10	as	as	ADP
ftr-371	34	11	relatively	relatively	ADV
ftr-371	34	12	immobile	immobile	ADJ
ftr-371	34	13	,	,	PUNCT
ftr-371	34	14	and	and	CCONJ
ftr-371	34	15	artificial	artificial	ADJ
ftr-371	34	16	shifting	shifting	NOUN
ftr-371	34	17	of	of	ADP
ftr-371	34	18	profits	profit	NOUN
ftr-371	34	19	relatively	relatively	ADV
ftr-371	34	20	costless	costless	ADJ
ftr-371	34	21	,	,	PUNCT
ftr-371	34	22	a	a	DET
ftr-371	34	23	reform	reform	NOUN
ftr-371	34	24	that	that	PRON
ftr-371	34	25	focuses	focus	VERB
ftr-371	34	26	on	on	ADP
ftr-371	34	27	avoidance	avoidance	NOUN
ftr-371	34	28	might	might	AUX
ftr-371	34	29	be	be	AUX
ftr-371	34	30	preferable	preferable	ADJ
ftr-371	34	31	to	to	ADP
ftr-371	34	32	one	one	NUM
ftr-371	34	33	that	that	PRON
ftr-371	34	34	focuses	focus	VERB
ftr-371	34	35	on	on	ADP
ftr-371	34	36	efficiency	efficiency	NOUN
ftr-371	34	37	.	.	PUNCT
ftr-371	35	1	to	to	PART
ftr-371	35	2	begin	begin	VERB
ftr-371	35	3	our	our	PRON
ftr-371	35	4	analysis	analysis	NOUN
ftr-371	35	5	we	we	PRON
ftr-371	35	6	first	first	ADV
ftr-371	35	7	review	review	VERB
ftr-371	35	8	the	the	DET
ftr-371	35	9	major	major	ADJ
ftr-371	35	10	features	feature	NOUN
ftr-371	35	11	of	of	ADP
ftr-371	35	12	the	the	DET
ftr-371	35	13	current	current	ADJ
ftr-371	35	14	tax	tax	NOUN
ftr-371	35	15	regime	regime	NOUN
ftr-371	35	16	and	and	CCONJ
ftr-371	35	17	the	the	DET
ftr-371	35	18	basic	basic	ADJ
ftr-371	35	19	tax	tax	NOUN
ftr-371	35	20	reform	reform	NOUN
ftr-371	35	21	alternatives	alternative	NOUN
ftr-371	35	22	.	.	PUNCT
ftr-371	36	1	the	the	DET
ftr-371	36	2	following	follow	VERB
ftr-371	36	3	sections	section	NOUN
ftr-371	36	4	evaluate	evaluate	VERB
ftr-371	36	5	the	the	DET
ftr-371	36	6	effects	effect	NOUN
ftr-371	36	7	on	on	ADP
ftr-371	36	8	real	real	ADJ
ftr-371	36	9	economic	economic	ADJ
ftr-371	36	10	activities	activity	NOUN
ftr-371	36	11	and	and	CCONJ
ftr-371	36	12	on	on	ADP
ftr-371	36	13	avoidance	avoidance	NOUN
ftr-371	36	14	issues	issue	NOUN
ftr-371	36	15	.	.	PUNCT
ftr-371	37	1	the	the	DET
ftr-371	37	2	final	final	ADJ
ftr-371	37	3	section	section	NOUN
ftr-371	37	4	concludes	conclude	VERB
ftr-371	37	5	with	with	ADP
ftr-371	37	6	an	an	DET
ftr-371	37	7	evaluation	evaluation	NOUN
ftr-371	37	8	of	of	ADP
ftr-371	37	9	alternatives	alternative	NOUN
ftr-371	37	10	.	.	PUNCT
ftr-371	38	1	i.	i.	PROPN
ftr-371	38	2	the	the	DET
ftr-371	38	3	current	current	ADJ
ftr-371	38	4	international	international	ADJ
ftr-371	38	5	tax	tax	NOUN
ftr-371	38	6	system	system	NOUN
ftr-371	38	7	there	there	PRON
ftr-371	38	8	are	be	VERB
ftr-371	38	9	two	two	NUM
ftr-371	38	10	alternative	alternative	ADJ
ftr-371	38	11	,	,	PUNCT
ftr-371	38	12	conceptually	conceptually	ADV
ftr-371	38	13	“	"	PUNCT
ftr-371	38	14	pure	pure	ADJ
ftr-371	38	15	,	,	PUNCT
ftr-371	38	16	”	"	PUNCT
ftr-371	38	17	principles	principle	NOUN
ftr-371	38	18	on	on	ADP
ftr-371	38	19	which	which	PRON
ftr-371	38	20	countries	country	NOUN
ftr-371	38	21	could	could	AUX
ftr-371	38	22	base	base	VERB
ftr-371	38	23	their	their	PRON
ftr-371	38	24	tax	tax	NOUN
ftr-371	38	25	:	:	PUNCT
ftr-371	38	26	residence	residence	NOUN
ftr-371	38	27	and	and	CCONJ
ftr-371	38	28	territory	territory	NOUN
ftr-371	38	29	.	.	PUNCT
ftr-371	39	1	under	under	ADP
ftr-371	39	2	a	a	DET
ftr-371	39	3	residence	residence	NOUN
ftr-371	39	4	system	system	NOUN
ftr-371	39	5	,	,	PUNCT
ftr-371	39	6	a	a	DET
ftr-371	39	7	country	country	NOUN
ftr-371	39	8	taxes	tax	VERB
ftr-371	39	9	its	its	PRON
ftr-371	39	10	own	own	ADJ
ftr-371	39	11	residents	resident	NOUN
ftr-371	39	12	(	(	PUNCT
ftr-371	39	13	or	or	CCONJ
ftr-371	39	14	domestically	domestically	ADV
ftr-371	39	15	chartered	chartered	ADJ
ftr-371	39	16	“	"	PUNCT
ftr-371	39	17	resident	resident	ADJ
ftr-371	39	18	”	"	PUNCT
ftr-371	39	19	corporations	corporation	NOUN
ftr-371	39	20	)	)	PUNCT
ftr-371	39	21	on	on	ADP
ftr-371	39	22	their	their	PRON
ftr-371	39	23	worldwide	worldwide	ADJ
ftr-371	39	24	income	income	NOUN
ftr-371	39	25	,	,	PUNCT
ftr-371	39	26	regardless	regardless	ADV
ftr-371	39	27	of	of	ADP
ftr-371	39	28	its	its	PRON
ftr-371	39	29	geographic	geographic	ADJ
ftr-371	39	30	source	source	NOUN
ftr-371	39	31	.	.	PUNCT
ftr-371	40	1	under	under	ADP
ftr-371	40	2	a	a	DET
ftr-371	40	3	territorial	territorial	ADJ
ftr-371	40	4	or	or	CCONJ
ftr-371	40	5	source	source	NOUN
ftr-371	40	6	-	-	PUNCT
ftr-371	40	7	based	base	VERB
ftr-371	40	8	system	system	NOUN
ftr-371	40	9	,	,	PUNCT
ftr-371	40	10	a	a	DET
ftr-371	40	11	country	country	NOUN
ftr-371	40	12	taxes	tax	VERB
ftr-371	40	13	only	only	ADV
ftr-371	40	14	income	income	NOUN
ftr-371	40	15	that	that	PRON
ftr-371	40	16	is	be	AUX
ftr-371	40	17	earned	earn	VERB
ftr-371	40	18	within	within	ADP
ftr-371	40	19	its	its	PRON
ftr-371	40	20	own	own	ADJ
ftr-371	40	21	borders	border	NOUN
ftr-371	40	22	.	.	PUNCT
ftr-371	41	1	in	in	ADP
ftr-371	41	2	practice	practice	NOUN
ftr-371	41	3	,	,	PUNCT
ftr-371	41	4	no	no	DET
ftr-371	41	5	country	country	NOUN
ftr-371	41	6	uses	use	VERB
ftr-371	41	7	a	a	DET
ftr-371	41	8	pure	pure	ADJ
ftr-371	41	9	residence	residence	NOUN
ftr-371	41	10	-	-	PUNCT
ftr-371	41	11	based	base	VERB
ftr-371	41	12	tax	tax	NOUN
ftr-371	41	13	;	;	PUNCT
ftr-371	41	14	historically	historically	ADV
ftr-371	41	15	,	,	PUNCT
ftr-371	41	16	virtually	virtually	ADV
ftr-371	41	17	all	all	DET
ftr-371	41	18	countries	country	NOUN
ftr-371	41	19	tax	tax	NOUN
ftr-371	41	20	income	income	NOUN
ftr-371	41	21	foreign	foreign	ADJ
ftr-371	41	22	investors	investor	NOUN
ftr-371	41	23	earn	earn	VERB
ftr-371	41	24	within	within	ADP
ftr-371	41	25	their	their	PRON
ftr-371	41	26	borders	border	NOUN
ftr-371	41	27	,	,	PUNCT
ftr-371	41	28	although	although	SCONJ
ftr-371	41	29	they	they	PRON
ftr-371	41	30	may	may	AUX
ftr-371	41	31	grant	grant	VERB
ftr-371	41	32	tax	tax	NOUN
ftr-371	41	33	holidays	holiday	NOUN
ftr-371	41	34	in	in	ADP
ftr-371	41	35	some	some	DET
ftr-371	41	36	cases	case	NOUN
ftr-371	41	37	as	as	ADP
ftr-371	41	38	an	an	DET
ftr-371	41	39	inducement	inducement	NOUN
ftr-371	41	40	to	to	ADP
ftr-371	41	41	investment	investment	NOUN
ftr-371	41	42	.	.	PUNCT
ftr-371	42	1	some	some	DET
ftr-371	42	2	countries	country	NOUN
ftr-371	42	3	,	,	PUNCT
ftr-371	42	4	however	however	ADV
ftr-371	42	5	,	,	PUNCT
ftr-371	42	6	do	do	AUX
ftr-371	42	7	have	have	VERB
ftr-371	42	8	an	an	DET
ftr-371	42	9	exclusively	exclusively	ADV
ftr-371	42	10	territorial	territorial	ADJ
ftr-371	42	11	or	or	CCONJ
ftr-371	42	12	source	source	NOUN
ftr-371	42	13	-	-	PUNCT
ftr-371	42	14	based	base	VERB
ftr-371	42	15	tax.5	tax.5	PROPN
ftr-371	42	16	most	most	ADJ
ftr-371	42	17	territorial	territorial	ADJ
ftr-371	42	18	systems	system	NOUN
ftr-371	42	19	have	have	VERB
ftr-371	42	20	some	some	DET
ftr-371	42	21	anti	anti	ADJ
ftr-371	42	22	-	-	ADJ
ftr-371	42	23	abuse	abuse	ADJ
ftr-371	42	24	provisions	provision	NOUN
ftr-371	42	25	for	for	ADP
ftr-371	42	26	4	4	NUM
ftr-371	42	27	.	.	PUNCT
ftr-371	43	1	this	this	DET
ftr-371	43	2	view	view	NOUN
ftr-371	43	3	was	be	AUX
ftr-371	43	4	expressed	express	VERB
ftr-371	43	5	by	by	ADP
ftr-371	43	6	larry	larry	PROPN
ftr-371	43	7	langdon	langdon	PROPN
ftr-371	43	8	,	,	PUNCT
ftr-371	43	9	former	former	ADJ
ftr-371	43	10	irs	irs	PROPN
ftr-371	43	11	commissioner	commissioner	NOUN
ftr-371	43	12	of	of	ADP
ftr-371	43	13	the	the	DET
ftr-371	43	14	large	large	ADJ
ftr-371	43	15	and	and	CCONJ
ftr-371	43	16	mid	mid	ADJ
ftr-371	43	17	-	-	ADJ
ftr-371	43	18	sized	sized	ADJ
ftr-371	43	19	business	business	NOUN
ftr-371	43	20	division	division	NOUN
ftr-371	43	21	in	in	ADP
ftr-371	43	22	an	an	DET
ftr-371	43	23	interview	interview	NOUN
ftr-371	43	24	on	on	ADP
ftr-371	43	25	frontline	frontline	NOUN
ftr-371	43	26	(	(	PUNCT
ftr-371	43	27	pbs	pbs	PROPN
ftr-371	43	28	)	)	PUNCT
ftr-371	43	29	,	,	PUNCT
ftr-371	43	30	feb	feb	PROPN
ftr-371	43	31	.	.	PROPN
ftr-371	43	32	19	19	NUM
ftr-371	43	33	,	,	PUNCT
ftr-371	43	34	2003	2003	NUM
ftr-371	43	35	,	,	PUNCT
ftr-371	43	36	after	after	ADP
ftr-371	43	37	several	several	ADJ
ftr-371	43	38	corporate	corporate	ADJ
ftr-371	43	39	scandals	scandal	NOUN
ftr-371	43	40	and	and	CCONJ
ftr-371	43	41	the	the	DET
ftr-371	43	42	passage	passage	NOUN
ftr-371	43	43	of	of	ADP
ftr-371	43	44	sarbanes	sarbanes	PROPN
ftr-371	43	45	oxley	oxley	PROPN
ftr-371	43	46	.	.	PUNCT
ftr-371	44	1	interview	interview	NOUN
ftr-371	44	2	is	be	AUX
ftr-371	44	3	posted	post	VERB
ftr-371	44	4	at	at	ADP
ftr-371	44	5	:	:	PUNCT
ftr-371	44	6	http://www.pbs.org/wgbh/pages/frontline/shows/tax/interviews/langdon.html	http://www.pbs.org/wgbh/pages/frontline/shows/tax/interviews/langdon.html	PROPN
ftr-371	44	7	5	5	NUM
ftr-371	44	8	.	.	PUNCT
ftr-371	44	9	president	president	PROPN
ftr-371	44	10	bush	bush	PROPN
ftr-371	44	11	’s	’s	PART
ftr-371	44	12	advisory	advisory	ADJ
ftr-371	44	13	panel	panel	NOUN
ftr-371	44	14	on	on	ADP
ftr-371	44	15	tax	tax	NOUN
ftr-371	44	16	reform	reform	NOUN
ftr-371	44	17	published	publish	VERB
ftr-371	44	18	a	a	DET
ftr-371	44	19	list	list	NOUN
ftr-371	44	20	of	of	ADP
ftr-371	44	21	countries	country	NOUN
ftr-371	44	22	that	that	PRON
ftr-371	44	23	use	use	VERB
ftr-371	44	24	a	a	DET
ftr-371	44	25	territorial	territorial	ADJ
ftr-371	44	26	system	system	NOUN
ftr-371	44	27	either	either	ADV
ftr-371	44	28	by	by	ADP
ftr-371	44	29	statute	statute	NOUN
ftr-371	44	30	or	or	CCONJ
ftr-371	44	31	treaty	treaty	NOUN
ftr-371	44	32	.	.	PUNCT
ftr-371	45	1	the	the	DET
ftr-371	45	2	territorial	territorial	ADJ
ftr-371	45	3	countries	country	NOUN
ftr-371	45	4	are	be	AUX
ftr-371	45	5	:	:	PUNCT
ftr-371	45	6	australia	australia	PROPN
ftr-371	45	7	,	,	PUNCT
ftr-371	45	8	austria	austria	PROPN
ftr-371	45	9	,	,	PUNCT
ftr-371	45	10	belgium	belgium	PROPN
ftr-371	45	11	,	,	PUNCT
ftr-371	45	12	canada	canada	PROPN
ftr-371	45	13	,	,	PUNCT
ftr-371	45	14	denmark	denmark	PROPN
ftr-371	45	15	,	,	PUNCT
ftr-371	45	16	finland	finland	PROPN
ftr-371	45	17	,	,	PUNCT
ftr-371	45	18	france	france	PROPN
ftr-371	45	19	,	,	PUNCT
ftr-371	45	20	germany	germany	PROPN
ftr-371	45	21	,	,	PUNCT
ftr-371	45	22	greece	greece	PROPN
ftr-371	45	23	,	,	PUNCT
ftr-371	45	24	hungary	hungary	PROPN
ftr-371	45	25	,	,	PUNCT
ftr-371	45	26	iceland	iceland	PROPN
ftr-371	45	27	,	,	PUNCT
ftr-371	45	28	italy	italy	PROPN
ftr-371	45	29	,	,	PUNCT
ftr-371	45	30	luxembourg	luxembourg	PROPN
ftr-371	45	31	,	,	PUNCT
ftr-371	45	32	netherlands	netherlands	PROPN
ftr-371	45	33	,	,	PUNCT
ftr-371	45	34	norway	norway	PROPN
ftr-371	45	35	,	,	PUNCT
ftr-371	45	36	portugal	portugal	PROPN
ftr-371	45	37	,	,	PUNCT
ftr-371	45	38	slovak	slovak	ADJ
ftr-371	45	39	republic	republic	NOUN
ftr-371	45	40	,	,	PUNCT
ftr-371	45	41	spain	spain	PROPN
ftr-371	45	42	,	,	PUNCT
ftr-371	45	43	sweden	sweden	PROPN
ftr-371	45	44	,	,	PUNCT
ftr-371	45	45	switzerland	switzerland	PROPN
ftr-371	45	46	,	,	PUNCT
ftr-371	45	47	and	and	CCONJ
ftr-371	45	48	turkey	turkey	NOUN
ftr-371	45	49	.	.	PUNCT
ftr-371	46	1	the	the	DET
ftr-371	46	2	following	follow	VERB
ftr-371	46	3	countries	country	NOUN
ftr-371	46	4	tax	tax	VERB
ftr-371	46	5	foreign	foreign	ADJ
ftr-371	46	6	-	-	PUNCT
ftr-371	46	7	source	source	NOUN
ftr-371	46	8	income	income	NOUN
ftr-371	46	9	at	at	ADP
ftr-371	46	10	some	some	DET
ftr-371	46	11	point	point	NOUN
ftr-371	46	12	and	and	CCONJ
ftr-371	46	13	rely	rely	VERB
ftr-371	46	14	on	on	ADP
ftr-371	46	15	foreign	foreign	ADJ
ftr-371	46	16	tax	tax	NOUN
ftr-371	46	17	credits	credit	NOUN
ftr-371	46	18	to	to	PART
ftr-371	46	19	relieve	relieve	VERB
ftr-371	46	20	double	double	ADJ
ftr-371	46	21	taxation	taxation	NOUN
ftr-371	46	22	:	:	PUNCT
ftr-371	46	23	czech	czech	PROPN
ftr-371	46	24	republic	republic	PROPN
ftr-371	46	25	,	,	PUNCT
ftr-371	46	26	iceland	iceland	PROPN
ftr-371	46	27	,	,	PUNCT
ftr-371	46	28	japan	japan	PROPN
ftr-371	46	29	,	,	PUNCT
ftr-371	46	30	korea	korea	PROPN
ftr-371	46	31	,	,	PUNCT
ftr-371	46	32	mexico	mexico	PROPN
ftr-371	46	33	,	,	PUNCT
ftr-371	46	34	new	new	PROPN
ftr-371	46	35	zealand	zealand	PROPN
ftr-371	46	36	,	,	PUNCT
ftr-371	46	37	poland	poland	PROPN
ftr-371	46	38	,	,	PUNCT
ftr-371	46	39	the	the	DET
ftr-371	46	40	united	united	ADJ
ftr-371	46	41	kingdom	kingdom	PROPN
ftr-371	46	42	,	,	PUNCT
ftr-371	46	43	472	472	NUM
ftr-371	46	44	florida	florida	PROPN
ftr-371	46	45	tax	tax	NOUN
ftr-371	46	46	review	review	NOUN
ftr-371	47	1	[	[	X
ftr-371	47	2	vol	vol	NOUN
ftr-371	47	3	.	.	PUNCT
ftr-371	47	4	9:5	9:5	NUM
ftr-371	47	5	taxing	tax	VERB
ftr-371	47	6	mobile	mobile	ADJ
ftr-371	47	7	income	income	NOUN
ftr-371	47	8	,	,	PUNCT
ftr-371	47	9	similar	similar	ADJ
ftr-371	47	10	to	to	ADP
ftr-371	47	11	the	the	DET
ftr-371	47	12	u.s	u.s	PROPN
ftr-371	47	13	.	.	PROPN
ftr-371	47	14	subpart	subpart	PROPN
ftr-371	47	15	f	f	PROPN
ftr-371	47	16	rules	rule	NOUN
ftr-371	47	17	discussed	discuss	VERB
ftr-371	47	18	below	below	ADV
ftr-371	47	19	.	.	PUNCT
ftr-371	48	1	the	the	DET
ftr-371	48	2	united	united	PROPN
ftr-371	48	3	states	states	PROPN
ftr-371	48	4	uses	use	VERB
ftr-371	48	5	a	a	DET
ftr-371	48	6	system	system	NOUN
ftr-371	48	7	that	that	PRON
ftr-371	48	8	taxes	tax	VERB
ftr-371	48	9	both	both	DET
ftr-371	48	10	income	income	NOUN
ftr-371	48	11	of	of	ADP
ftr-371	48	12	foreign	foreign	ADJ
ftr-371	48	13	firms	firm	NOUN
ftr-371	48	14	earned	earn	VERB
ftr-371	48	15	within	within	ADP
ftr-371	48	16	its	its	PRON
ftr-371	48	17	borders	border	NOUN
ftr-371	48	18	as	as	ADV
ftr-371	48	19	well	well	ADV
ftr-371	48	20	as	as	ADP
ftr-371	48	21	the	the	DET
ftr-371	48	22	worldwide	worldwide	ADJ
ftr-371	48	23	income	income	NOUN
ftr-371	48	24	of	of	ADP
ftr-371	48	25	its	its	PRON
ftr-371	48	26	u.s.-chartered	u.s.-chartered	ADJ
ftr-371	48	27	firms.6	firms.6	PROPN
ftr-371	48	28	despite	despite	SCONJ
ftr-371	48	29	these	these	DET
ftr-371	48	30	nominal	nominal	ADJ
ftr-371	48	31	“	"	PUNCT
ftr-371	48	32	residence	residence	NOUN
ftr-371	48	33	”	"	PUNCT
ftr-371	48	34	features	feature	NOUN
ftr-371	48	35	,	,	PUNCT
ftr-371	48	36	however	however	ADV
ftr-371	48	37	,	,	PUNCT
ftr-371	48	38	u.s	u.s	PROPN
ftr-371	48	39	.	.	PROPN
ftr-371	48	40	taxes	taxis	NOUN
ftr-371	48	41	do	do	AUX
ftr-371	48	42	not	not	PART
ftr-371	48	43	apply	apply	VERB
ftr-371	48	44	to	to	ADP
ftr-371	48	45	the	the	DET
ftr-371	48	46	foreign	foreign	ADJ
ftr-371	48	47	income	income	NOUN
ftr-371	48	48	of	of	ADP
ftr-371	48	49	u.s.-owned	u.s.-owned	ADJ
ftr-371	48	50	corporations	corporation	NOUN
ftr-371	48	51	chartered	charter	VERB
ftr-371	48	52	abroad	abroad	ADV
ftr-371	48	53	.	.	PUNCT
ftr-371	49	1	as	as	ADP
ftr-371	49	2	a	a	DET
ftr-371	49	3	result	result	NOUN
ftr-371	49	4	,	,	PUNCT
ftr-371	49	5	a	a	DET
ftr-371	49	6	u.s	u.s	PROPN
ftr-371	49	7	.	.	PROPN
ftr-371	49	8	firm	firm	NOUN
ftr-371	49	9	can	can	AUX
ftr-371	49	10	indefinitely	indefinitely	ADV
ftr-371	49	11	defer	defer	VERB
ftr-371	49	12	u.s	u.s	PROPN
ftr-371	49	13	.	.	PROPN
ftr-371	49	14	tax	tax	NOUN
ftr-371	49	15	on	on	ADP
ftr-371	49	16	its	its	PRON
ftr-371	49	17	foreign	foreign	ADJ
ftr-371	49	18	income	income	NOUN
ftr-371	49	19	if	if	SCONJ
ftr-371	49	20	it	it	PRON
ftr-371	49	21	conducts	conduct	VERB
ftr-371	49	22	its	its	PRON
ftr-371	49	23	foreign	foreign	ADJ
ftr-371	49	24	operations	operation	NOUN
ftr-371	49	25	through	through	ADP
ftr-371	49	26	a	a	DET
ftr-371	49	27	foreign	foreign	ADJ
ftr-371	49	28	-	-	PUNCT
ftr-371	49	29	chartered	charter	VERB
ftr-371	49	30	subsidiary	subsidiary	NOUN
ftr-371	49	31	corporation	corporation	NOUN
ftr-371	49	32	;	;	PUNCT
ftr-371	49	33	u.s	u.s	PROPN
ftr-371	49	34	.	.	PROPN
ftr-371	49	35	taxes	taxis	NOUN
ftr-371	49	36	do	do	AUX
ftr-371	49	37	not	not	PART
ftr-371	49	38	apply	apply	VERB
ftr-371	49	39	as	as	ADV
ftr-371	49	40	long	long	ADV
ftr-371	49	41	as	as	SCONJ
ftr-371	49	42	the	the	DET
ftr-371	49	43	foreign	foreign	ADJ
ftr-371	49	44	subsidiary	subsidiary	NOUN
ftr-371	49	45	’s	’s	PART
ftr-371	49	46	income	income	NOUN
ftr-371	49	47	is	be	AUX
ftr-371	49	48	reinvested	reinveste	VERB
ftr-371	49	49	overseas	overseas	ADV
ftr-371	49	50	.	.	PUNCT
ftr-371	50	1	with	with	ADP
ftr-371	50	2	some	some	DET
ftr-371	50	3	exceptions	exception	NOUN
ftr-371	50	4	,	,	PUNCT
ftr-371	50	5	u.s	u.s	PROPN
ftr-371	50	6	.	.	PROPN
ftr-371	50	7	taxes	taxis	NOUN
ftr-371	50	8	apply	apply	VERB
ftr-371	50	9	only	only	ADV
ftr-371	50	10	when	when	SCONJ
ftr-371	50	11	the	the	DET
ftr-371	50	12	income	income	NOUN
ftr-371	50	13	is	be	AUX
ftr-371	50	14	remitted	remit	VERB
ftr-371	50	15	to	to	ADP
ftr-371	50	16	the	the	DET
ftr-371	50	17	u.s.-resident	u.s.-resident	ADJ
ftr-371	50	18	parent	parent	NOUN
ftr-371	50	19	as	as	ADP
ftr-371	50	20	dividends	dividend	NOUN
ftr-371	50	21	or	or	CCONJ
ftr-371	50	22	other	other	ADJ
ftr-371	50	23	intra	intra	ADJ
ftr-371	50	24	-	-	ADJ
ftr-371	50	25	firm	firm	ADJ
ftr-371	50	26	payments	payment	NOUN
ftr-371	50	27	such	such	ADJ
ftr-371	50	28	as	as	ADP
ftr-371	50	29	interest	interest	NOUN
ftr-371	50	30	and	and	CCONJ
ftr-371	50	31	royalties	royalty	NOUN
ftr-371	50	32	.	.	PUNCT
ftr-371	51	1	the	the	DET
ftr-371	51	2	deferral	deferral	ADJ
ftr-371	51	3	feature	feature	NOUN
ftr-371	51	4	reduces	reduce	VERB
ftr-371	51	5	the	the	DET
ftr-371	51	6	effective	effective	ADJ
ftr-371	51	7	u.s	u.s	PROPN
ftr-371	51	8	.	.	PROPN
ftr-371	51	9	tax	tax	NOUN
ftr-371	51	10	burden	burden	NOUN
ftr-371	51	11	on	on	ADP
ftr-371	51	12	foreign	foreign	ADJ
ftr-371	51	13	income	income	NOUN
ftr-371	51	14	and	and	CCONJ
ftr-371	51	15	imparts	impart	VERB
ftr-371	51	16	an	an	DET
ftr-371	51	17	element	element	NOUN
ftr-371	51	18	of	of	ADP
ftr-371	51	19	territoriality	territoriality	NOUN
ftr-371	51	20	to	to	ADP
ftr-371	51	21	the	the	DET
ftr-371	51	22	system	system	NOUN
ftr-371	51	23	.	.	PUNCT
ftr-371	52	1	it	it	PRON
ftr-371	52	2	also	also	ADV
ftr-371	52	3	results	result	VERB
ftr-371	52	4	in	in	ADP
ftr-371	52	5	a	a	DET
ftr-371	52	6	dichotomous	dichotomous	ADJ
ftr-371	52	7	structure	structure	NOUN
ftr-371	52	8	for	for	ADP
ftr-371	52	9	taxing	tax	VERB
ftr-371	52	10	overseas	overseas	ADJ
ftr-371	52	11	business	business	NOUN
ftr-371	52	12	income	income	NOUN
ftr-371	52	13	:	:	PUNCT
ftr-371	52	14	deferral	deferral	ADJ
ftr-371	52	15	in	in	ADP
ftr-371	52	16	the	the	DET
ftr-371	52	17	case	case	NOUN
ftr-371	52	18	of	of	ADP
ftr-371	52	19	foreign	foreign	ADJ
ftr-371	52	20	-	-	PUNCT
ftr-371	52	21	subsidiary	subsidiary	NOUN
ftr-371	52	22	income	income	NOUN
ftr-371	52	23	and	and	CCONJ
ftr-371	52	24	current	current	ADJ
ftr-371	52	25	taxation	taxation	NOUN
ftr-371	52	26	in	in	ADP
ftr-371	52	27	the	the	DET
ftr-371	52	28	case	case	NOUN
ftr-371	52	29	of	of	ADP
ftr-371	52	30	branches	branch	NOUN
ftr-371	52	31	of	of	ADP
ftr-371	52	32	u.s	u.s	PROPN
ftr-371	52	33	.	.	PROPN
ftr-371	52	34	chartered	chartered	PROPN
ftr-371	52	35	corporations	corporation	NOUN
ftr-371	52	36	.	.	PUNCT
ftr-371	53	1	the	the	DET
ftr-371	53	2	bulk	bulk	NOUN
ftr-371	53	3	of	of	ADP
ftr-371	53	4	active	active	ADJ
ftr-371	53	5	business	business	NOUN
ftr-371	53	6	investment	investment	NOUN
ftr-371	53	7	by	by	ADP
ftr-371	53	8	u.s	u.s	PROPN
ftr-371	53	9	.	.	PROPN
ftr-371	53	10	firms	firm	NOUN
ftr-371	53	11	is	be	AUX
ftr-371	53	12	through	through	ADP
ftr-371	53	13	foreign	foreign	ADJ
ftr-371	53	14	-	-	PUNCT
ftr-371	53	15	chartered	charter	VERB
ftr-371	53	16	subsidiaries.7	subsidiaries.7	NOUN
ftr-371	53	17	certain	certain	ADJ
ftr-371	53	18	passive	passive	ADJ
ftr-371	53	19	income	income	NOUN
ftr-371	53	20	is	be	AUX
ftr-371	53	21	subject	subject	ADJ
ftr-371	53	22	to	to	ADP
ftr-371	53	23	current	current	ADJ
ftr-371	53	24	tax	tax	NOUN
ftr-371	53	25	even	even	ADV
ftr-371	53	26	if	if	SCONJ
ftr-371	53	27	not	not	PART
ftr-371	53	28	repatriated	repatriate	VERB
ftr-371	53	29	under	under	ADP
ftr-371	53	30	anti	anti	ADJ
ftr-371	53	31	-	-	ADJ
ftr-371	53	32	abuse	abuse	ADJ
ftr-371	53	33	rules	rule	NOUN
ftr-371	53	34	;	;	PUNCT
ftr-371	53	35	this	this	DET
ftr-371	53	36	income	income	NOUN
ftr-371	53	37	is	be	AUX
ftr-371	53	38	commonly	commonly	ADV
ftr-371	53	39	referred	refer	VERB
ftr-371	53	40	to	to	ADP
ftr-371	53	41	as	as	ADP
ftr-371	53	42	subpart	subpart	NOUN
ftr-371	53	43	f	f	PROPN
ftr-371	53	44	(	(	PUNCT
ftr-371	53	45	for	for	ADP
ftr-371	53	46	the	the	DET
ftr-371	53	47	provision	provision	NOUN
ftr-371	53	48	of	of	ADP
ftr-371	53	49	the	the	DET
ftr-371	53	50	internal	internal	ADJ
ftr-371	53	51	revenue	revenue	NOUN
ftr-371	53	52	code	code	NOUN
ftr-371	53	53	imposing	impose	VERB
ftr-371	53	54	the	the	DET
ftr-371	53	55	rules	rule	NOUN
ftr-371	53	56	)	)	PUNCT
ftr-371	53	57	.	.	PUNCT
ftr-371	54	1	only	only	ADV
ftr-371	54	2	stockholders	stockholder	NOUN
ftr-371	54	3	owning	own	VERB
ftr-371	54	4	at	at	ADV
ftr-371	54	5	least	least	ADV
ftr-371	54	6	10	10	NUM
ftr-371	54	7	%	%	NOUN
ftr-371	54	8	of	of	ADP
ftr-371	54	9	subsidiary	subsidiary	NOUN
ftr-371	54	10	stock	stock	NOUN
ftr-371	54	11	and	and	CCONJ
ftr-371	54	12	only	only	ADJ
ftr-371	54	13	subsidiaries	subsidiary	NOUN
ftr-371	54	14	that	that	PRON
ftr-371	54	15	are	be	AUX
ftr-371	54	16	at	at	ADV
ftr-371	54	17	least	least	ADV
ftr-371	54	18	50	50	NUM
ftr-371	54	19	%	%	NOUN
ftr-371	54	20	owned	own	VERB
ftr-371	54	21	by	by	ADP
ftr-371	54	22	10	10	NUM
ftr-371	54	23	%	%	NOUN
ftr-371	54	24	u.s	u.s	PROPN
ftr-371	54	25	.	.	PROPN
ftr-371	54	26	stockholders	stockholder	NOUN
ftr-371	54	27	are	be	AUX
ftr-371	54	28	subject	subject	ADJ
ftr-371	54	29	to	to	ADP
ftr-371	54	30	subpart	subpart	PROPN
ftr-371	54	31	f.	f.	PROPN
ftr-371	54	32	countries	country	NOUN
ftr-371	54	33	that	that	PRON
ftr-371	54	34	have	have	VERB
ftr-371	54	35	territorial	territorial	ADJ
ftr-371	54	36	tax	tax	NOUN
ftr-371	54	37	systems	system	NOUN
ftr-371	54	38	generally	generally	ADV
ftr-371	54	39	also	also	ADV
ftr-371	54	40	have	have	VERB
ftr-371	54	41	some	some	DET
ftr-371	54	42	type	type	NOUN
ftr-371	54	43	of	of	ADP
ftr-371	54	44	anti	anti	ADJ
ftr-371	54	45	-	-	ADJ
ftr-371	54	46	abuse	abuse	ADJ
ftr-371	54	47	provision	provision	NOUN
ftr-371	54	48	to	to	PART
ftr-371	54	49	protect	protect	VERB
ftr-371	54	50	their	their	PRON
ftr-371	54	51	tax	tax	NOUN
ftr-371	54	52	base	base	NOUN
ftr-371	54	53	.	.	PUNCT
ftr-371	55	1	along	along	ADP
ftr-371	55	2	with	with	ADP
ftr-371	55	3	deferral	deferral	ADJ
ftr-371	55	4	,	,	PUNCT
ftr-371	55	5	another	another	DET
ftr-371	55	6	basic	basic	ADJ
ftr-371	55	7	feature	feature	NOUN
ftr-371	55	8	of	of	ADP
ftr-371	55	9	the	the	DET
ftr-371	55	10	u.s	u.s	PROPN
ftr-371	55	11	.	.	PROPN
ftr-371	55	12	system	system	NOUN
ftr-371	55	13	is	be	AUX
ftr-371	55	14	the	the	DET
ftr-371	55	15	foreign	foreign	ADJ
ftr-371	55	16	tax	tax	NOUN
ftr-371	55	17	credit	credit	NOUN
ftr-371	55	18	.	.	PUNCT
ftr-371	56	1	while	while	SCONJ
ftr-371	56	2	the	the	DET
ftr-371	56	3	united	united	PROPN
ftr-371	56	4	states	states	PROPN
ftr-371	56	5	taxes	tax	VERB
ftr-371	56	6	worldwide	worldwide	ADV
ftr-371	56	7	income	income	NOUN
ftr-371	56	8	on	on	ADP
ftr-371	56	9	either	either	CCONJ
ftr-371	56	10	a	a	DET
ftr-371	56	11	current	current	ADJ
ftr-371	56	12	or	or	CCONJ
ftr-371	56	13	deferred	deferred	ADJ
ftr-371	56	14	basis	basis	NOUN
ftr-371	56	15	,	,	PUNCT
ftr-371	56	16	it	it	PRON
ftr-371	56	17	also	also	ADV
ftr-371	56	18	allows	allow	VERB
ftr-371	56	19	credits	credit	NOUN
ftr-371	56	20	for	for	ADP
ftr-371	56	21	foreign	foreign	ADJ
ftr-371	56	22	taxes	taxis	NOUN
ftr-371	56	23	paid	pay	VERB
ftr-371	56	24	on	on	ADP
ftr-371	56	25	a	a	DET
ftr-371	56	26	dollar	dollar	NOUN
ftr-371	56	27	-	-	PUNCT
ftr-371	56	28	for	for	ADP
ftr-371	56	29	-	-	PUNCT
ftr-371	56	30	dollar	dollar	NOUN
ftr-371	56	31	basis	basis	NOUN
ftr-371	56	32	against	against	ADP
ftr-371	56	33	u.s	u.s	PROPN
ftr-371	56	34	.	.	PROPN
ftr-371	56	35	taxes	taxis	NOUN
ftr-371	56	36	otherwise	otherwise	ADV
ftr-371	56	37	owed.8	owed.8	PRON
ftr-371	56	38	this	this	DET
ftr-371	56	39	treatment	treatment	NOUN
ftr-371	56	40	avoids	avoid	VERB
ftr-371	56	41	the	the	DET
ftr-371	56	42	doubletaxation	doubletaxation	NOUN
ftr-371	56	43	that	that	PRON
ftr-371	56	44	would	would	AUX
ftr-371	56	45	otherwise	otherwise	ADV
ftr-371	56	46	apply	apply	VERB
ftr-371	56	47	and	and	CCONJ
ftr-371	56	48	concedes	concede	VERB
ftr-371	56	49	the	the	DET
ftr-371	56	50	first	first	ADJ
ftr-371	56	51	right	right	NOUN
ftr-371	56	52	of	of	ADP
ftr-371	56	53	taxation	taxation	NOUN
ftr-371	56	54	to	to	ADP
ftr-371	56	55	the	the	DET
ftr-371	56	56	country	country	NOUN
ftr-371	56	57	of	of	ADP
ftr-371	56	58	source	source	NOUN
ftr-371	56	59	.	.	PUNCT
ftr-371	57	1	in	in	ADP
ftr-371	57	2	effect	effect	NOUN
ftr-371	57	3	,	,	PUNCT
ftr-371	57	4	the	the	DET
ftr-371	57	5	united	united	PROPN
ftr-371	57	6	states	states	PROPN
ftr-371	57	7	gives	give	VERB
ftr-371	57	8	the	the	DET
ftr-371	57	9	foreign	foreign	ADJ
ftr-371	57	10	host	host	NOUN
ftr-371	57	11	country	country	NOUN
ftr-371	57	12	the	the	DET
ftr-371	57	13	first	first	ADJ
ftr-371	57	14	opportunity	opportunity	NOUN
ftr-371	57	15	to	to	PART
ftr-371	57	16	tax	tax	VERB
ftr-371	57	17	the	the	DET
ftr-371	57	18	income	income	NOUN
ftr-371	57	19	,	,	PUNCT
ftr-371	57	20	and	and	CCONJ
ftr-371	57	21	collects	collect	VERB
ftr-371	57	22	only	only	ADV
ftr-371	57	23	what	what	DET
ftr-371	57	24	tax	tax	NOUN
ftr-371	57	25	is	be	AUX
ftr-371	57	26	left	leave	VERB
ftr-371	57	27	(	(	PUNCT
ftr-371	57	28	up	up	ADP
ftr-371	57	29	to	to	ADP
ftr-371	57	30	its	its	PRON
ftr-371	57	31	own	own	ADJ
ftr-371	57	32	rate	rate	NOUN
ftr-371	57	33	)	)	PUNCT
ftr-371	57	34	after	after	SCONJ
ftr-371	57	35	the	the	DET
ftr-371	57	36	foreign	foreign	ADJ
ftr-371	57	37	host	host	NOUN
ftr-371	57	38	country	country	NOUN
ftr-371	57	39	collects	collect	VERB
ftr-371	57	40	its	its	PRON
ftr-371	57	41	share	share	NOUN
ftr-371	57	42	.	.	PUNCT
ftr-371	58	1	and	and	CCONJ
ftr-371	58	2	the	the	DET
ftr-371	58	3	united	united	PROPN
ftr-371	58	4	states	states	PROPN
ftr-371	58	5	.	.	PUNCT
ftr-371	59	1	president	president	PROPN
ftr-371	59	2	’s	’s	PART
ftr-371	59	3	advisory	advisory	ADJ
ftr-371	59	4	panel	panel	NOUN
ftr-371	59	5	on	on	ADP
ftr-371	59	6	federal	federal	ADJ
ftr-371	59	7	tax	tax	NOUN
ftr-371	59	8	reform	reform	NOUN
ftr-371	59	9	,	,	PUNCT
ftr-371	59	10	simple	simple	ADJ
ftr-371	59	11	,	,	PUNCT
ftr-371	59	12	fair	fair	ADJ
ftr-371	59	13	,	,	PUNCT
ftr-371	59	14	and	and	CCONJ
ftr-371	59	15	pro	pro	ADJ
ftr-371	59	16	-	-	ADJ
ftr-371	59	17	growth	growth	ADJ
ftr-371	59	18	:	:	PUNCT
ftr-371	59	19	proposals	proposal	NOUN
ftr-371	59	20	to	to	PART
ftr-371	59	21	fix	fix	VERB
ftr-371	59	22	america	america	PROPN
ftr-371	59	23	’s	’s	PART
ftr-371	59	24	tax	tax	NOUN
ftr-371	59	25	system	system	NOUN
ftr-371	59	26	(	(	PUNCT
ftr-371	59	27	washington	washington	PROPN
ftr-371	59	28	,	,	PUNCT
ftr-371	59	29	nov	nov	PROPN
ftr-371	59	30	.	.	PROPN
ftr-371	59	31	2005	2005	NUM
ftr-371	59	32	)	)	PUNCT
ftr-371	59	33	,	,	PUNCT
ftr-371	59	34	p.	p.	NOUN
ftr-371	59	35	243	243	NUM
ftr-371	59	36	.	.	PUNCT
ftr-371	60	1	6	6	NUM
ftr-371	60	2	.	.	X
ftr-371	60	3	a	a	DET
ftr-371	60	4	more	more	ADV
ftr-371	60	5	detailed	detailed	ADJ
ftr-371	60	6	description	description	NOUN
ftr-371	60	7	of	of	ADP
ftr-371	60	8	the	the	DET
ftr-371	60	9	tax	tax	NOUN
ftr-371	60	10	system	system	NOUN
ftr-371	60	11	can	can	AUX
ftr-371	60	12	be	be	AUX
ftr-371	60	13	found	find	VERB
ftr-371	60	14	in	in	ADP
ftr-371	60	15	joint	joint	ADJ
ftr-371	60	16	committee	committee	NOUN
ftr-371	60	17	on	on	ADP
ftr-371	60	18	taxation	taxation	NOUN
ftr-371	60	19	,	,	PUNCT
ftr-371	60	20	economic	economic	ADJ
ftr-371	60	21	efficiency	efficiency	NOUN
ftr-371	60	22	and	and	CCONJ
ftr-371	60	23	structural	structural	ADJ
ftr-371	60	24	analyses	analysis	NOUN
ftr-371	60	25	of	of	ADP
ftr-371	60	26	alternative	alternative	ADJ
ftr-371	60	27	u.s	u.s	PROPN
ftr-371	60	28	.	.	PROPN
ftr-371	60	29	tax	tax	NOUN
ftr-371	60	30	policies	policy	NOUN
ftr-371	60	31	for	for	ADP
ftr-371	60	32	foreign	foreign	ADJ
ftr-371	60	33	direct	direct	ADJ
ftr-371	60	34	investment	investment	NOUN
ftr-371	60	35	,	,	PUNCT
ftr-371	60	36	jcx-55	jcx-55	NOUN
ftr-371	60	37	-	-	NUM
ftr-371	60	38	08	08	NUM
ftr-371	60	39	,	,	PUNCT
ftr-371	60	40	june	june	PROPN
ftr-371	60	41	25	25	NUM
ftr-371	60	42	,	,	PUNCT
ftr-371	60	43	2008	2008	NUM
ftr-371	60	44	.	.	PUNCT
ftr-371	61	1	7	7	X
ftr-371	61	2	.	.	PUNCT
ftr-371	61	3	according	accord	VERB
ftr-371	61	4	to	to	ADP
ftr-371	61	5	irs	irs	PROPN
ftr-371	61	6	data	datum	NOUN
ftr-371	61	7	for	for	ADP
ftr-371	61	8	2004	2004	NUM
ftr-371	61	9	,	,	PUNCT
ftr-371	61	10	before	before	ADP
ftr-371	61	11	-	-	PUNCT
ftr-371	61	12	tax	tax	NOUN
ftr-371	61	13	earnings	earning	NOUN
ftr-371	61	14	and	and	CCONJ
ftr-371	61	15	profits	profit	NOUN
ftr-371	61	16	of	of	ADP
ftr-371	61	17	controlled	control	VERB
ftr-371	61	18	foreign	foreign	ADJ
ftr-371	61	19	corporations	corporation	NOUN
ftr-371	61	20	were	be	AUX
ftr-371	61	21	$	$	SYM
ftr-371	61	22	362	362	NUM
ftr-371	61	23	billion	billion	NUM
ftr-371	61	24	;	;	PUNCT
ftr-371	61	25	branch	branch	NOUN
ftr-371	61	26	income	income	NOUN
ftr-371	61	27	was	be	AUX
ftr-371	61	28	$	$	SYM
ftr-371	61	29	97	97	NUM
ftr-371	61	30	billion	billion	NUM
ftr-371	61	31	.	.	PUNCT
ftr-371	62	1	the	the	DET
ftr-371	62	2	data	datum	NOUN
ftr-371	62	3	are	be	AUX
ftr-371	62	4	posted	post	VERB
ftr-371	62	5	on	on	ADP
ftr-371	62	6	the	the	DET
ftr-371	62	7	irs	irs	PROPN
ftr-371	62	8	website	website	NOUN
ftr-371	62	9	,	,	PUNCT
ftr-371	62	10	at	at	ADP
ftr-371	62	11	[	[	X
ftr-371	62	12	http://www.irs.gov/taxstats/bustaxstats/article/0,,id=	http://www.irs.gov/taxstats/bustaxstats/article/0,,id=	NOUN
ftr-371	62	13	96282,00.html	96282,00.html	NUM
ftr-371	62	14	]	]	X
ftr-371	62	15	.	.	PUNCT
ftr-371	63	1	8	8	X
ftr-371	63	2	.	.	PUNCT
ftr-371	63	3	u.s	u.s	PROPN
ftr-371	63	4	.	.	PROPN
ftr-371	63	5	parent	parent	NOUN
ftr-371	63	6	firms	firm	NOUN
ftr-371	63	7	are	be	AUX
ftr-371	63	8	permitted	permit	VERB
ftr-371	63	9	to	to	PART
ftr-371	63	10	claim	claim	VERB
ftr-371	63	11	foreign	foreign	ADJ
ftr-371	63	12	tax	tax	NOUN
ftr-371	63	13	credits	credit	NOUN
ftr-371	63	14	for	for	ADP
ftr-371	63	15	foreign	foreign	ADJ
ftr-371	63	16	taxes	taxis	NOUN
ftr-371	63	17	paid	pay	VERB
ftr-371	63	18	by	by	ADP
ftr-371	63	19	their	their	PRON
ftr-371	63	20	foreign	foreign	ADJ
ftr-371	63	21	-	-	PUNCT
ftr-371	63	22	chartered	charter	VERB
ftr-371	63	23	subsidiaries	subsidiary	NOUN
ftr-371	63	24	.	.	PUNCT
ftr-371	64	1	such	such	ADJ
ftr-371	64	2	“	"	PUNCT
ftr-371	64	3	indirect	indirect	ADJ
ftr-371	64	4	”	"	PUNCT
ftr-371	64	5	credits	credit	NOUN
ftr-371	64	6	can	can	AUX
ftr-371	64	7	be	be	AUX
ftr-371	64	8	claimed	claim	VERB
ftr-371	64	9	by	by	ADP
ftr-371	64	10	the	the	DET
ftr-371	64	11	parent	parent	NOUN
ftr-371	64	12	when	when	SCONJ
ftr-371	64	13	the	the	DET
ftr-371	64	14	foreign	foreign	ADJ
ftr-371	64	15	-	-	PUNCT
ftr-371	64	16	source	source	NOUN
ftr-371	64	17	income	income	NOUN
ftr-371	64	18	is	be	AUX
ftr-371	64	19	remitted	remit	VERB
ftr-371	64	20	as	as	ADP
ftr-371	64	21	dividends	dividend	NOUN
ftr-371	64	22	.	.	PUNCT
ftr-371	65	1	2009	2009	NUM
ftr-371	65	2	]	]	PUNCT
ftr-371	65	3	international	international	ADJ
ftr-371	65	4	corporate	corporate	ADJ
ftr-371	65	5	tax	tax	NOUN
ftr-371	65	6	reform	reform	NOUN
ftr-371	65	7	473	473	NUM
ftr-371	65	8	when	when	SCONJ
ftr-371	65	9	the	the	DET
ftr-371	65	10	foreign	foreign	ADJ
ftr-371	65	11	tax	tax	NOUN
ftr-371	65	12	is	be	AUX
ftr-371	65	13	higher	high	ADJ
ftr-371	65	14	than	than	ADP
ftr-371	65	15	the	the	DET
ftr-371	65	16	u.s	u.s	PROPN
ftr-371	65	17	.	.	PROPN
ftr-371	65	18	tax	tax	NOUN
ftr-371	65	19	,	,	PUNCT
ftr-371	65	20	the	the	DET
ftr-371	65	21	credit	credit	NOUN
ftr-371	65	22	is	be	AUX
ftr-371	65	23	limited	limit	VERB
ftr-371	65	24	to	to	ADP
ftr-371	65	25	the	the	DET
ftr-371	65	26	u.s	u.s	PROPN
ftr-371	65	27	.	.	PROPN
ftr-371	65	28	tax	tax	NOUN
ftr-371	65	29	that	that	PRON
ftr-371	65	30	would	would	AUX
ftr-371	65	31	be	be	AUX
ftr-371	65	32	due	due	ADJ
ftr-371	65	33	on	on	ADP
ftr-371	65	34	the	the	DET
ftr-371	65	35	foreign	foreign	ADJ
ftr-371	65	36	income	income	NOUN
ftr-371	65	37	.	.	PUNCT
ftr-371	66	1	the	the	DET
ftr-371	66	2	purpose	purpose	NOUN
ftr-371	66	3	of	of	ADP
ftr-371	66	4	the	the	DET
ftr-371	66	5	limit	limit	NOUN
ftr-371	66	6	is	be	AUX
ftr-371	66	7	to	to	PART
ftr-371	66	8	protect	protect	VERB
ftr-371	66	9	the	the	DET
ftr-371	66	10	u.s	u.s	PROPN
ftr-371	66	11	.	.	PROPN
ftr-371	66	12	domestic	domestic	ADJ
ftr-371	66	13	tax	tax	NOUN
ftr-371	66	14	base	base	NOUN
ftr-371	66	15	:	:	PUNCT
ftr-371	66	16	without	without	ADP
ftr-371	66	17	it	it	PRON
ftr-371	66	18	,	,	PUNCT
ftr-371	66	19	foreign	foreign	ADJ
ftr-371	66	20	countries	country	NOUN
ftr-371	66	21	could	could	AUX
ftr-371	66	22	impose	impose	VERB
ftr-371	66	23	very	very	ADV
ftr-371	66	24	high	high	ADJ
ftr-371	66	25	taxes	taxis	NOUN
ftr-371	66	26	without	without	ADP
ftr-371	66	27	discouraging	discourage	VERB
ftr-371	66	28	inbound	inbound	ADJ
ftr-371	66	29	u.s	u.s	PROPN
ftr-371	66	30	.	.	PROPN
ftr-371	66	31	investment	investment	NOUN
ftr-371	66	32	,	,	PUNCT
ftr-371	66	33	because	because	SCONJ
ftr-371	66	34	the	the	DET
ftr-371	66	35	cost	cost	NOUN
ftr-371	66	36	of	of	ADP
ftr-371	66	37	the	the	DET
ftr-371	66	38	higher	high	ADJ
ftr-371	66	39	taxes	taxis	NOUN
ftr-371	66	40	would	would	AUX
ftr-371	66	41	be	be	AUX
ftr-371	66	42	shifted	shift	VERB
ftr-371	66	43	to	to	ADP
ftr-371	66	44	the	the	DET
ftr-371	66	45	u.s	u.s	PROPN
ftr-371	66	46	.	.	PROPN
ftr-371	66	47	treasury	treasury	PROPN
ftr-371	66	48	.	.	PUNCT
ftr-371	67	1	with	with	ADP
ftr-371	67	2	the	the	DET
ftr-371	67	3	limitation	limitation	NOUN
ftr-371	67	4	,	,	PUNCT
ftr-371	67	5	if	if	SCONJ
ftr-371	67	6	foreign	foreign	ADJ
ftr-371	67	7	taxes	taxis	NOUN
ftr-371	67	8	exceed	exceed	VERB
ftr-371	67	9	the	the	DET
ftr-371	67	10	u.s	u.s	PROPN
ftr-371	67	11	.	.	PROPN
ftr-371	67	12	tax	tax	NOUN
ftr-371	67	13	that	that	PRON
ftr-371	67	14	would	would	AUX
ftr-371	67	15	be	be	AUX
ftr-371	67	16	due	due	ADJ
ftr-371	67	17	,	,	PUNCT
ftr-371	67	18	the	the	DET
ftr-371	67	19	excess	excess	ADJ
ftr-371	67	20	foreign	foreign	ADJ
ftr-371	67	21	taxes	taxis	NOUN
ftr-371	67	22	can	can	AUX
ftr-371	67	23	not	not	PART
ftr-371	67	24	be	be	AUX
ftr-371	67	25	credited	credit	VERB
ftr-371	67	26	.	.	PUNCT
ftr-371	68	1	foreign	foreign	ADJ
ftr-371	68	2	tax	tax	NOUN
ftr-371	68	3	credits	credit	NOUN
ftr-371	68	4	that	that	PRON
ftr-371	68	5	exceed	exceed	VERB
ftr-371	68	6	this	this	DET
ftr-371	68	7	limitation	limitation	NOUN
ftr-371	68	8	are	be	AUX
ftr-371	68	9	termed	term	VERB
ftr-371	68	10	“	"	PUNCT
ftr-371	68	11	excess	excess	ADJ
ftr-371	68	12	credits	credit	NOUN
ftr-371	68	13	.	.	PUNCT
ftr-371	68	14	”	"	PUNCT
ftr-371	69	1	currently	currently	ADV
ftr-371	69	2	,	,	PUNCT
ftr-371	69	3	foreign	foreign	ADJ
ftr-371	69	4	tax	tax	NOUN
ftr-371	69	5	credits	credit	NOUN
ftr-371	69	6	are	be	AUX
ftr-371	69	7	allowed	allow	VERB
ftr-371	69	8	on	on	ADP
ftr-371	69	9	what	what	PRON
ftr-371	69	10	is	be	AUX
ftr-371	69	11	sometimes	sometimes	ADV
ftr-371	69	12	termed	term	VERB
ftr-371	69	13	an	an	DET
ftr-371	69	14	“	"	PUNCT
ftr-371	69	15	overall	overall	ADJ
ftr-371	69	16	”	"	PUNCT
ftr-371	69	17	basis	basis	NOUN
ftr-371	69	18	,	,	PUNCT
ftr-371	69	19	so	so	SCONJ
ftr-371	69	20	that	that	SCONJ
ftr-371	69	21	income	income	NOUN
ftr-371	69	22	and	and	CCONJ
ftr-371	69	23	tax	tax	NOUN
ftr-371	69	24	credits	credit	NOUN
ftr-371	69	25	from	from	ADP
ftr-371	69	26	all	all	DET
ftr-371	69	27	countries	country	NOUN
ftr-371	69	28	are	be	AUX
ftr-371	69	29	combined	combine	VERB
ftr-371	69	30	.	.	PUNCT
ftr-371	70	1	this	this	DET
ftr-371	70	2	treatment	treatment	NOUN
ftr-371	70	3	allows	allow	VERB
ftr-371	70	4	for	for	ADP
ftr-371	70	5	“	"	PUNCT
ftr-371	70	6	cross	cross	ADJ
ftr-371	70	7	-	-	ADJ
ftr-371	70	8	crediting	crediting	ADJ
ftr-371	70	9	,	,	PUNCT
ftr-371	70	10	”	"	PUNCT
ftr-371	70	11	where	where	SCONJ
ftr-371	70	12	credits	credit	NOUN
ftr-371	70	13	paid	pay	VERB
ftr-371	70	14	in	in	ADP
ftr-371	70	15	excess	excess	NOUN
ftr-371	70	16	of	of	ADP
ftr-371	70	17	u.s	u.s	PROPN
ftr-371	70	18	.	.	PROPN
ftr-371	70	19	tax	tax	NOUN
ftr-371	70	20	in	in	ADP
ftr-371	70	21	one	one	NUM
ftr-371	70	22	country	country	NOUN
ftr-371	70	23	may	may	AUX
ftr-371	70	24	be	be	AUX
ftr-371	70	25	used	use	VERB
ftr-371	70	26	to	to	PART
ftr-371	70	27	offset	offset	VERB
ftr-371	70	28	u.s	u.s	PROPN
ftr-371	70	29	.	.	PROPN
ftr-371	70	30	tax	tax	NOUN
ftr-371	70	31	in	in	ADP
ftr-371	70	32	a	a	DET
ftr-371	70	33	country	country	NOUN
ftr-371	70	34	where	where	SCONJ
ftr-371	70	35	the	the	DET
ftr-371	70	36	foreign	foreign	ADJ
ftr-371	70	37	tax	tax	NOUN
ftr-371	70	38	is	be	AUX
ftr-371	70	39	lower	low	ADJ
ftr-371	70	40	than	than	ADP
ftr-371	70	41	the	the	DET
ftr-371	70	42	u.s	u.s	PROPN
ftr-371	70	43	.	.	PROPN
ftr-371	70	44	tax	tax	NOUN
ftr-371	70	45	.	.	PUNCT
ftr-371	71	1	to	to	PART
ftr-371	71	2	prevent	prevent	VERB
ftr-371	71	3	abuse	abuse	NOUN
ftr-371	71	4	,	,	PUNCT
ftr-371	71	5	tax	tax	NOUN
ftr-371	71	6	credits	credit	NOUN
ftr-371	71	7	are	be	AUX
ftr-371	71	8	divided	divide	VERB
ftr-371	71	9	into	into	ADP
ftr-371	71	10	“	"	PUNCT
ftr-371	71	11	baskets	basket	NOUN
ftr-371	71	12	”	"	PUNCT
ftr-371	71	13	which	which	PRON
ftr-371	71	14	separate	separate	VERB
ftr-371	71	15	passive	passive	ADJ
ftr-371	71	16	income	income	NOUN
ftr-371	71	17	easily	easily	ADV
ftr-371	71	18	shifted	shift	VERB
ftr-371	71	19	to	to	ADP
ftr-371	71	20	low	low	ADJ
ftr-371	71	21	-	-	PUNCT
ftr-371	71	22	tax	tax	NOUN
ftr-371	71	23	countries	country	NOUN
ftr-371	71	24	.	.	PUNCT
ftr-371	72	1	currently	currently	ADV
ftr-371	72	2	,	,	PUNCT
ftr-371	72	3	there	there	PRON
ftr-371	72	4	are	be	VERB
ftr-371	72	5	two	two	NUM
ftr-371	72	6	baskets	basket	NOUN
ftr-371	72	7	,	,	PUNCT
ftr-371	72	8	one	one	NUM
ftr-371	72	9	for	for	ADP
ftr-371	72	10	active	active	ADJ
ftr-371	72	11	income	income	NOUN
ftr-371	72	12	and	and	CCONJ
ftr-371	72	13	one	one	NUM
ftr-371	72	14	for	for	ADP
ftr-371	72	15	passive	passive	ADJ
ftr-371	72	16	income	income	NOUN
ftr-371	72	17	.	.	PUNCT
ftr-371	73	1	about	about	ADV
ftr-371	73	2	half	half	NOUN
ftr-371	73	3	of	of	ADP
ftr-371	73	4	foreign	foreign	ADJ
ftr-371	73	5	-	-	PUNCT
ftr-371	73	6	source	source	NOUN
ftr-371	73	7	active	active	ADJ
ftr-371	73	8	business	business	NOUN
ftr-371	73	9	income	income	NOUN
ftr-371	73	10	is	be	AUX
ftr-371	73	11	earned	earn	VERB
ftr-371	73	12	by	by	ADP
ftr-371	73	13	firms	firm	NOUN
ftr-371	73	14	with	with	ADP
ftr-371	73	15	overall	overall	ADJ
ftr-371	73	16	excess	excess	ADJ
ftr-371	73	17	credits.9	credits.9	PROPN
ftr-371	73	18	an	an	DET
ftr-371	73	19	alternative	alternative	NOUN
ftr-371	73	20	to	to	ADP
ftr-371	73	21	the	the	DET
ftr-371	73	22	overall	overall	ADJ
ftr-371	73	23	limit	limit	NOUN
ftr-371	73	24	is	be	AUX
ftr-371	73	25	the	the	DET
ftr-371	73	26	per	per	ADP
ftr-371	73	27	country	country	NOUN
ftr-371	73	28	limit	limit	NOUN
ftr-371	73	29	.	.	PUNCT
ftr-371	74	1	with	with	ADP
ftr-371	74	2	an	an	DET
ftr-371	74	3	effective	effective	ADJ
ftr-371	74	4	per	per	ADP
ftr-371	74	5	country	country	NOUN
ftr-371	74	6	limit	limit	NOUN
ftr-371	74	7	,	,	PUNCT
ftr-371	74	8	cross	cross	ADJ
ftr-371	74	9	-	-	ADJ
ftr-371	74	10	crediting	crediting	ADJ
ftr-371	74	11	,	,	PUNCT
ftr-371	74	12	at	at	ADP
ftr-371	74	13	least	least	ADJ
ftr-371	74	14	across	across	ADP
ftr-371	74	15	countries	country	NOUN
ftr-371	74	16	,	,	PUNCT
ftr-371	74	17	would	would	AUX
ftr-371	74	18	no	no	ADV
ftr-371	74	19	longer	long	ADV
ftr-371	74	20	occur	occur	VERB
ftr-371	74	21	.	.	PUNCT
ftr-371	75	1	in	in	ADP
ftr-371	75	2	the	the	DET
ftr-371	75	3	past	past	NOUN
ftr-371	75	4	,	,	PUNCT
ftr-371	75	5	the	the	DET
ftr-371	75	6	u.s	u.s	PROPN
ftr-371	75	7	.	.	PROPN
ftr-371	75	8	has	have	AUX
ftr-371	75	9	had	have	VERB
ftr-371	75	10	a	a	DET
ftr-371	75	11	percountry	percountry	NOUN
ftr-371	75	12	limit	limit	NOUN
ftr-371	75	13	as	as	ADP
ftr-371	75	14	either	either	CCONJ
ftr-371	75	15	a	a	DET
ftr-371	75	16	requirement	requirement	NOUN
ftr-371	75	17	or	or	CCONJ
ftr-371	75	18	option	option	NOUN
ftr-371	75	19	from	from	ADP
ftr-371	75	20	1932	1932	NUM
ftr-371	75	21	to	to	ADP
ftr-371	75	22	1976	1976	NUM
ftr-371	75	23	,	,	PUNCT
ftr-371	75	24	including	include	VERB
ftr-371	75	25	a	a	DET
ftr-371	75	26	period	period	NOUN
ftr-371	75	27	when	when	SCONJ
ftr-371	75	28	the	the	DET
ftr-371	75	29	less	less	ADV
ftr-371	75	30	generous	generous	ADJ
ftr-371	75	31	of	of	ADP
ftr-371	75	32	the	the	DET
ftr-371	75	33	two	two	NUM
ftr-371	75	34	limits	limit	NOUN
ftr-371	75	35	applied	apply	VERB
ftr-371	75	36	,	,	PUNCT
ftr-371	75	37	as	as	SCONJ
ftr-371	75	38	discussed	discuss	VERB
ftr-371	75	39	by	by	ADP
ftr-371	75	40	mcclure	mcclure	NOUN
ftr-371	75	41	and	and	CCONJ
ftr-371	75	42	bouma.10	bouma.10	PROPN
ftr-371	75	43	they	they	PRON
ftr-371	75	44	note	note	VERB
ftr-371	75	45	,	,	PUNCT
ftr-371	75	46	however	however	ADV
ftr-371	75	47	,	,	PUNCT
ftr-371	75	48	that	that	SCONJ
ftr-371	75	49	when	when	SCONJ
ftr-371	75	50	the	the	DET
ftr-371	75	51	per	per	ADP
ftr-371	75	52	-	-	PUNCT
ftr-371	75	53	country	country	NOUN
ftr-371	75	54	limit	limit	NOUN
ftr-371	75	55	applied	apply	VERB
ftr-371	75	56	,	,	PUNCT
ftr-371	75	57	companies	company	NOUN
ftr-371	75	58	could	could	AUX
ftr-371	75	59	still	still	ADV
ftr-371	75	60	cross	cross	VERB
ftr-371	75	61	-	-	NOUN
ftr-371	75	62	credit	credit	NOUN
ftr-371	75	63	by	by	ADP
ftr-371	75	64	setting	set	VERB
ftr-371	75	65	up	up	ADP
ftr-371	75	66	a	a	DET
ftr-371	75	67	holding	hold	VERB
ftr-371	75	68	company	company	NOUN
ftr-371	75	69	since	since	SCONJ
ftr-371	75	70	income	income	NOUN
ftr-371	75	71	was	be	AUX
ftr-371	75	72	sourced	source	VERB
ftr-371	75	73	to	to	ADP
ftr-371	75	74	the	the	DET
ftr-371	75	75	holding	hold	VERB
ftr-371	75	76	company	company	NOUN
ftr-371	75	77	rather	rather	ADV
ftr-371	75	78	than	than	ADP
ftr-371	75	79	the	the	DET
ftr-371	75	80	original	original	ADJ
ftr-371	75	81	country	country	NOUN
ftr-371	75	82	of	of	ADP
ftr-371	75	83	origin	origin	NOUN
ftr-371	75	84	.	.	PUNCT
ftr-371	76	1	a	a	DET
ftr-371	76	2	per	per	X
ftr-371	76	3	country	country	NOUN
ftr-371	76	4	limit	limit	NOUN
ftr-371	76	5	can	can	AUX
ftr-371	76	6	also	also	ADV
ftr-371	76	7	have	have	VERB
ftr-371	76	8	an	an	DET
ftr-371	76	9	advantage	advantage	NOUN
ftr-371	76	10	,	,	PUNCT
ftr-371	76	11	because	because	SCONJ
ftr-371	76	12	it	it	PRON
ftr-371	76	13	prevents	prevent	VERB
ftr-371	76	14	countries	country	NOUN
ftr-371	76	15	with	with	ADP
ftr-371	76	16	losses	loss	NOUN
ftr-371	76	17	from	from	ADP
ftr-371	76	18	reducing	reduce	VERB
ftr-371	76	19	aggregate	aggregate	ADJ
ftr-371	76	20	foreign	foreign	ADJ
ftr-371	76	21	source	source	NOUN
ftr-371	76	22	income	income	NOUN
ftr-371	76	23	for	for	ADP
ftr-371	76	24	purposes	purpose	NOUN
ftr-371	76	25	of	of	ADP
ftr-371	76	26	the	the	DET
ftr-371	76	27	limit	limit	NOUN
ftr-371	76	28	.	.	PUNCT
ftr-371	77	1	the	the	DET
ftr-371	77	2	debate	debate	NOUN
ftr-371	77	3	leading	lead	VERB
ftr-371	77	4	up	up	ADP
ftr-371	77	5	to	to	ADP
ftr-371	77	6	the	the	DET
ftr-371	77	7	repeal	repeal	NOUN
ftr-371	77	8	,	,	PUNCT
ftr-371	77	9	however	however	ADV
ftr-371	77	10	,	,	PUNCT
ftr-371	77	11	suggests	suggest	VERB
ftr-371	77	12	that	that	SCONJ
ftr-371	77	13	the	the	DET
ftr-371	77	14	motivation	motivation	NOUN
ftr-371	77	15	for	for	ADP
ftr-371	77	16	adopting	adopt	VERB
ftr-371	77	17	the	the	DET
ftr-371	77	18	overall	overall	ADJ
ftr-371	77	19	limit	limit	NOUN
ftr-371	77	20	was	be	AUX
ftr-371	77	21	to	to	PART
ftr-371	77	22	move	move	VERB
ftr-371	77	23	closer	close	ADV
ftr-371	77	24	to	to	ADP
ftr-371	77	25	an	an	DET
ftr-371	77	26	effective	effective	ADJ
ftr-371	77	27	territorial	territorial	ADJ
ftr-371	77	28	system	system	NOUN
ftr-371	77	29	.	.	PUNCT
ftr-371	78	1	tax	tax	NOUN
ftr-371	78	2	deferral	deferral	ADJ
ftr-371	78	3	results	result	NOUN
ftr-371	78	4	in	in	ADP
ftr-371	78	5	heightened	heightened	ADJ
ftr-371	78	6	importance	importance	NOUN
ftr-371	78	7	for	for	ADP
ftr-371	78	8	the	the	DET
ftr-371	78	9	system	system	NOUN
ftr-371	78	10	=	=	NOUN
ftr-371	78	11	s	s	PART
ftr-371	78	12	rules	rule	NOUN
ftr-371	78	13	for	for	ADP
ftr-371	78	14	dividing	divide	VERB
ftr-371	78	15	income	income	NOUN
ftr-371	78	16	between	between	ADP
ftr-371	78	17	related	related	ADJ
ftr-371	78	18	firms	firm	NOUN
ftr-371	78	19	;	;	PUNCT
ftr-371	78	20	the	the	DET
ftr-371	78	21	more	more	ADJ
ftr-371	78	22	income	income	NOUN
ftr-371	78	23	a	a	DET
ftr-371	78	24	firm	firm	NOUN
ftr-371	78	25	can	can	AUX
ftr-371	78	26	assign	assign	VERB
ftr-371	78	27	,	,	PUNCT
ftr-371	78	28	for	for	ADP
ftr-371	78	29	tax	tax	NOUN
ftr-371	78	30	purposes	purpose	NOUN
ftr-371	78	31	,	,	PUNCT
ftr-371	78	32	to	to	ADP
ftr-371	78	33	a	a	DET
ftr-371	78	34	foreign	foreign	ADJ
ftr-371	78	35	subsidiary	subsidiary	NOUN
ftr-371	78	36	in	in	ADP
ftr-371	78	37	a	a	DET
ftr-371	78	38	low	low	ADJ
ftr-371	78	39	-	-	PUNCT
ftr-371	78	40	tax	tax	NOUN
ftr-371	78	41	country	country	NOUN
ftr-371	78	42	,	,	PUNCT
ftr-371	78	43	the	the	PRON
ftr-371	78	44	lower	low	ADJ
ftr-371	78	45	its	its	PRON
ftr-371	78	46	overall	overall	ADJ
ftr-371	78	47	tax	tax	NOUN
ftr-371	78	48	burden	burden	NOUN
ftr-371	78	49	.	.	PUNCT
ftr-371	79	1	there	there	PRON
ftr-371	79	2	are	be	VERB
ftr-371	79	3	several	several	ADJ
ftr-371	79	4	methods	method	NOUN
ftr-371	79	5	for	for	ADP
ftr-371	79	6	doing	do	VERB
ftr-371	79	7	so	so	ADV
ftr-371	79	8	,	,	PUNCT
ftr-371	79	9	such	such	ADJ
ftr-371	79	10	as	as	ADP
ftr-371	79	11	altering	alter	VERB
ftr-371	79	12	the	the	DET
ftr-371	79	13	prices	price	NOUN
ftr-371	79	14	for	for	ADP
ftr-371	79	15	inter	inter	ADJ
ftr-371	79	16	-	-	ADJ
ftr-371	79	17	company	company	ADJ
ftr-371	79	18	sales	sale	NOUN
ftr-371	79	19	(	(	PUNCT
ftr-371	79	20	transfer	transfer	NOUN
ftr-371	79	21	pricing	pricing	NOUN
ftr-371	79	22	)	)	PUNCT
ftr-371	79	23	,	,	PUNCT
ftr-371	79	24	transferring	transfer	VERB
ftr-371	79	25	the	the	DET
ftr-371	79	26	ownership	ownership	NOUN
ftr-371	79	27	of	of	ADP
ftr-371	79	28	intangibles	intangible	NOUN
ftr-371	79	29	to	to	ADP
ftr-371	79	30	low	low	ADJ
ftr-371	79	31	-	-	PUNCT
ftr-371	79	32	tax	tax	NOUN
ftr-371	79	33	jurisdictions	jurisdiction	NOUN
ftr-371	79	34	and	and	CCONJ
ftr-371	79	35	using	use	VERB
ftr-371	79	36	contract	contract	NOUN
ftr-371	79	37	manufacturing	manufacturing	NOUN
ftr-371	79	38	to	to	PART
ftr-371	79	39	produce	produce	VERB
ftr-371	79	40	goods	good	NOUN
ftr-371	79	41	in	in	ADP
ftr-371	79	42	the	the	DET
ftr-371	79	43	country	country	NOUN
ftr-371	79	44	of	of	ADP
ftr-371	79	45	destination	destination	NOUN
ftr-371	79	46	,	,	PUNCT
ftr-371	79	47	relying	rely	VERB
ftr-371	79	48	more	more	ADV
ftr-371	79	49	heavily	heavily	ADV
ftr-371	79	50	on	on	ADP
ftr-371	79	51	debt	debt	NOUN
ftr-371	79	52	in	in	ADP
ftr-371	79	53	high	high	ADJ
ftr-371	79	54	-	-	PUNCT
ftr-371	79	55	tax	tax	NOUN
ftr-371	79	56	jurisdictions	jurisdiction	NOUN
ftr-371	79	57	than	than	ADP
ftr-371	79	58	in	in	ADP
ftr-371	79	59	low	low	ADJ
ftr-371	79	60	-	-	PUNCT
ftr-371	79	61	tax	tax	NOUN
ftr-371	79	62	ones	one	NOUN
ftr-371	79	63	.	.	PUNCT
ftr-371	80	1	more	more	ADV
ftr-371	80	2	recently	recently	ADV
ftr-371	80	3	,	,	PUNCT
ftr-371	80	4	attention	attention	NOUN
ftr-371	80	5	has	have	AUX
ftr-371	80	6	been	be	AUX
ftr-371	80	7	focused	focus	VERB
ftr-371	80	8	on	on	ADP
ftr-371	80	9	the	the	DET
ftr-371	80	10	use	use	NOUN
ftr-371	80	11	of	of	ADP
ftr-371	80	12	ahybrid@	ahybrid@	PROPN
ftr-371	80	13	entities	entity	NOUN
ftr-371	80	14	,	,	PUNCT
ftr-371	80	15	where	where	SCONJ
ftr-371	80	16	the	the	DET
ftr-371	80	17	entity	entity	NOUN
ftr-371	80	18	is	be	AUX
ftr-371	80	19	recognized	recognize	VERB
ftr-371	80	20	as	as	ADP
ftr-371	80	21	a	a	DET
ftr-371	80	22	corporation	corporation	NOUN
ftr-371	80	23	in	in	ADP
ftr-371	80	24	one	one	NUM
ftr-371	80	25	jurisdiction	jurisdiction	NOUN
ftr-371	80	26	but	but	CCONJ
ftr-371	80	27	not	not	PART
ftr-371	80	28	in	in	ADP
ftr-371	80	29	another	another	PRON
ftr-371	80	30	.	.	PUNCT
ftr-371	81	1	the	the	DET
ftr-371	81	2	development	development	NOUN
ftr-371	81	3	of	of	ADP
ftr-371	81	4	these	these	DET
ftr-371	81	5	hybrid	hybrid	ADJ
ftr-371	81	6	entities	entity	NOUN
ftr-371	81	7	arises	arise	VERB
ftr-371	81	8	9	9	NUM
ftr-371	81	9	.	.	PUNCT
ftr-371	81	10	based	base	VERB
ftr-371	81	11	on	on	ADP
ftr-371	81	12	tabulations	tabulation	NOUN
ftr-371	81	13	by	by	ADP
ftr-371	81	14	harry	harry	PROPN
ftr-371	81	15	grubert	grubert	PROPN
ftr-371	81	16	presented	present	VERB
ftr-371	81	17	at	at	ADP
ftr-371	81	18	the	the	DET
ftr-371	81	19	james	james	PROPN
ftr-371	81	20	a.	a.	PROPN
ftr-371	81	21	baker	baker	PROPN
ftr-371	81	22	ii	ii	PROPN
ftr-371	81	23	institute	institute	PROPN
ftr-371	81	24	for	for	ADP
ftr-371	81	25	public	public	ADJ
ftr-371	81	26	policy	policy	NOUN
ftr-371	81	27	conference	conference	NOUN
ftr-371	81	28	on	on	ADP
ftr-371	81	29	tax	tax	NOUN
ftr-371	81	30	reform	reform	NOUN
ftr-371	81	31	,	,	PUNCT
ftr-371	81	32	apr	apr	PROPN
ftr-371	81	33	.	.	PROPN
ftr-371	82	1	27	27	NUM
ftr-371	82	2	-	-	SYM
ftr-371	82	3	28	28	NUM
ftr-371	82	4	,	,	PUNCT
ftr-371	82	5	2006	2006	NUM
ftr-371	82	6	.	.	PUNCT
ftr-371	83	1	10	10	NUM
ftr-371	83	2	.	.	PUNCT
ftr-371	84	1	see	see	VERB
ftr-371	84	2	william	william	PROPN
ftr-371	84	3	p.	p.	PROPN
ftr-371	84	4	mcclure	mcclure	PROPN
ftr-371	84	5	and	and	CCONJ
ftr-371	84	6	herman	herman	PROPN
ftr-371	84	7	b.	b.	PROPN
ftr-371	84	8	bouma	bouma	PROPN
ftr-371	84	9	,	,	PUNCT
ftr-371	84	10	“	"	PUNCT
ftr-371	84	11	the	the	DET
ftr-371	84	12	taxation	taxation	NOUN
ftr-371	84	13	of	of	ADP
ftr-371	84	14	foreign	foreign	ADJ
ftr-371	84	15	income	income	NOUN
ftr-371	84	16	from	from	ADP
ftr-371	84	17	1909	1909	NUM
ftr-371	84	18	to	to	ADP
ftr-371	84	19	1989	1989	NUM
ftr-371	84	20	:	:	PUNCT
ftr-371	84	21	how	how	SCONJ
ftr-371	84	22	a	a	DET
ftr-371	84	23	tilted	tilted	ADJ
ftr-371	84	24	playing	playing	NOUN
ftr-371	84	25	field	field	NOUN
ftr-371	84	26	developed	develop	VERB
ftr-371	84	27	,	,	PUNCT
ftr-371	84	28	”	"	PUNCT
ftr-371	84	29	tax	tax	NOUN
ftr-371	84	30	notes	note	NOUN
ftr-371	84	31	,	,	PUNCT
ftr-371	84	32	jun	jun	PROPN
ftr-371	84	33	.	.	PROPN
ftr-371	84	34	19	19	NUM
ftr-371	84	35	,	,	PUNCT
ftr-371	84	36	1989	1989	NUM
ftr-371	84	37	,	,	PUNCT
ftr-371	84	38	pp	pp	ADJ
ftr-371	84	39	.	.	PUNCT
ftr-371	84	40	13701390	13701390	NUM
ftr-371	84	41	.	.	PUNCT
ftr-371	85	1	the	the	DET
ftr-371	85	2	discussion	discussion	NOUN
ftr-371	85	3	of	of	ADP
ftr-371	85	4	foreign	foreign	ADJ
ftr-371	85	5	tax	tax	NOUN
ftr-371	85	6	credit	credit	NOUN
ftr-371	85	7	limits	limit	NOUN
ftr-371	85	8	is	be	AUX
ftr-371	85	9	based	base	VERB
ftr-371	85	10	on	on	ADP
ftr-371	85	11	their	their	PRON
ftr-371	85	12	paper	paper	NOUN
ftr-371	85	13	.	.	PUNCT
ftr-371	86	1	474	474	NUM
ftr-371	86	2	florida	florida	PROPN
ftr-371	86	3	tax	tax	PROPN
ftr-371	86	4	review	review	NOUN
ftr-371	86	5	[	[	X
ftr-371	86	6	vol	vol	NOUN
ftr-371	86	7	.	.	NOUN
ftr-371	86	8	9:5	9:5	NUM
ftr-371	86	9	from	from	ADP
ftr-371	86	10	“	"	PUNCT
ftr-371	86	11	check	check	VERB
ftr-371	86	12	-	-	PUNCT
ftr-371	86	13	the	the	DET
ftr-371	86	14	-	-	PUNCT
ftr-371	86	15	box	box	NOUN
ftr-371	86	16	”	"	PUNCT
ftr-371	86	17	rules	rule	NOUN
ftr-371	86	18	that	that	PRON
ftr-371	86	19	were	be	AUX
ftr-371	86	20	adopted	adopt	VERB
ftr-371	86	21	to	to	PART
ftr-371	86	22	simplify	simplify	VERB
ftr-371	86	23	the	the	DET
ftr-371	86	24	issues	issue	NOUN
ftr-371	86	25	of	of	ADP
ftr-371	86	26	whether	whether	SCONJ
ftr-371	86	27	a	a	DET
ftr-371	86	28	firm	firm	NOUN
ftr-371	86	29	is	be	AUX
ftr-371	86	30	to	to	PART
ftr-371	86	31	be	be	AUX
ftr-371	86	32	taxed	tax	VERB
ftr-371	86	33	as	as	ADP
ftr-371	86	34	a	a	DET
ftr-371	86	35	corporation	corporation	NOUN
ftr-371	86	36	or	or	CCONJ
ftr-371	86	37	partnership	partnership	NOUN
ftr-371	86	38	,	,	PUNCT
ftr-371	86	39	but	but	CCONJ
ftr-371	86	40	they	they	PRON
ftr-371	86	41	have	have	AUX
ftr-371	86	42	been	be	AUX
ftr-371	86	43	exploited	exploit	VERB
ftr-371	86	44	in	in	ADP
ftr-371	86	45	an	an	DET
ftr-371	86	46	unexpected	unexpected	ADJ
ftr-371	86	47	direction	direction	NOUN
ftr-371	86	48	internationally	internationally	ADV
ftr-371	86	49	and	and	CCONJ
ftr-371	86	50	permit	permit	VERB
ftr-371	86	51	,	,	PUNCT
ftr-371	86	52	in	in	ADP
ftr-371	86	53	many	many	ADJ
ftr-371	86	54	cases	case	NOUN
ftr-371	86	55	,	,	PUNCT
ftr-371	86	56	the	the	DET
ftr-371	86	57	circumvention	circumvention	NOUN
ftr-371	86	58	of	of	ADP
ftr-371	86	59	subpart	subpart	PROPN
ftr-371	86	60	f.	f.	PROPN
ftr-371	86	61	according	accord	VERB
ftr-371	86	62	to	to	ADP
ftr-371	86	63	sicular	sicular	ADJ
ftr-371	86	64	,	,	PUNCT
ftr-371	86	65	a	a	DET
ftr-371	86	66	temporary	temporary	ADJ
ftr-371	86	67	provision	provision	NOUN
ftr-371	86	68	enacted	enact	VERB
ftr-371	86	69	in	in	ADP
ftr-371	86	70	2006	2006	NUM
ftr-371	86	71	(	(	PUNCT
ftr-371	86	72	section	section	NOUN
ftr-371	86	73	954(c)(6	954(c)(6	NUM
ftr-371	86	74	)	)	PUNCT
ftr-371	86	75	)	)	PUNCT
ftr-371	86	76	formalizes	formalize	VERB
ftr-371	86	77	the	the	DET
ftr-371	86	78	“	"	PUNCT
ftr-371	86	79	check	check	VERB
ftr-371	86	80	-	-	PUNCT
ftr-371	86	81	the	the	DET
ftr-371	86	82	-	-	PUNCT
ftr-371	86	83	box	box	NOUN
ftr-371	86	84	”	"	PUNCT
ftr-371	86	85	rules	rule	NOUN
ftr-371	86	86	,	,	PUNCT
ftr-371	86	87	although	although	SCONJ
ftr-371	86	88	this	this	DET
ftr-371	86	89	provision	provision	NOUN
ftr-371	86	90	expires	expire	VERB
ftr-371	86	91	at	at	ADP
ftr-371	86	92	the	the	DET
ftr-371	86	93	end	end	NOUN
ftr-371	86	94	of	of	ADP
ftr-371	86	95	2009.11	2009.11	NUM
ftr-371	86	96	in	in	ADP
ftr-371	86	97	sum	sum	NOUN
ftr-371	86	98	,	,	PUNCT
ftr-371	86	99	the	the	DET
ftr-371	86	100	united	united	PROPN
ftr-371	86	101	states	states	PROPN
ftr-371	86	102	taxes	tax	VERB
ftr-371	86	103	its	its	PRON
ftr-371	86	104	resident	resident	ADJ
ftr-371	86	105	corporations	corporation	NOUN
ftr-371	86	106	on	on	ADP
ftr-371	86	107	their	their	PRON
ftr-371	86	108	worldwide	worldwide	ADJ
ftr-371	86	109	income	income	NOUN
ftr-371	86	110	,	,	PUNCT
ftr-371	86	111	but	but	CCONJ
ftr-371	86	112	permits	permit	VERB
ftr-371	86	113	indefinite	indefinite	ADJ
ftr-371	86	114	deferral	deferral	ADV
ftr-371	86	115	of	of	ADP
ftr-371	86	116	active	active	ADJ
ftr-371	86	117	business	business	NOUN
ftr-371	86	118	income	income	NOUN
ftr-371	86	119	earned	earn	VERB
ftr-371	86	120	through	through	ADP
ftr-371	86	121	foreign	foreign	ADJ
ftr-371	86	122	subsidiaries	subsidiary	NOUN
ftr-371	86	123	.	.	PUNCT
ftr-371	87	1	where	where	SCONJ
ftr-371	87	2	u.s	u.s	PROPN
ftr-371	87	3	.	.	PROPN
ftr-371	87	4	taxes	taxis	NOUN
ftr-371	87	5	apply	apply	VERB
ftr-371	87	6	,	,	PUNCT
ftr-371	87	7	foreign	foreign	ADJ
ftr-371	87	8	tax	tax	NOUN
ftr-371	87	9	credits	credit	NOUN
ftr-371	87	10	alleviate	alleviate	VERB
ftr-371	87	11	double	double	ADJ
ftr-371	87	12	taxation	taxation	NOUN
ftr-371	87	13	but	but	CCONJ
ftr-371	87	14	are	be	AUX
ftr-371	87	15	limited	limit	VERB
ftr-371	87	16	to	to	ADP
ftr-371	87	17	offsetting	offset	VERB
ftr-371	87	18	u.s	u.s	PROPN
ftr-371	87	19	.	.	PROPN
ftr-371	87	20	tax	tax	NOUN
ftr-371	87	21	on	on	ADP
ftr-371	87	22	foreign	foreign	ADJ
ftr-371	87	23	income	income	NOUN
ftr-371	87	24	.	.	PUNCT
ftr-371	88	1	subpart	subpart	PROPN
ftr-371	88	2	f	f	PROPN
ftr-371	88	3	is	be	AUX
ftr-371	88	4	designed	design	VERB
ftr-371	88	5	to	to	PART
ftr-371	88	6	deny	deny	VERB
ftr-371	88	7	deferral	deferral	ADJ
ftr-371	88	8	to	to	ADP
ftr-371	88	9	what	what	PRON
ftr-371	88	10	is	be	AUX
ftr-371	88	11	generally	generally	ADV
ftr-371	88	12	passive	passive	ADJ
ftr-371	88	13	income	income	NOUN
ftr-371	88	14	but	but	CCONJ
ftr-371	88	15	may	may	AUX
ftr-371	88	16	be	be	AUX
ftr-371	88	17	circumvented	circumvent	VERB
ftr-371	88	18	.	.	PUNCT
ftr-371	89	1	the	the	DET
ftr-371	89	2	overall	overall	ADJ
ftr-371	89	3	outcome	outcome	NOUN
ftr-371	89	4	of	of	ADP
ftr-371	89	5	this	this	DET
ftr-371	89	6	system	system	NOUN
ftr-371	89	7	is	be	AUX
ftr-371	89	8	that	that	SCONJ
ftr-371	89	9	very	very	ADV
ftr-371	89	10	little	little	ADJ
ftr-371	89	11	u.s	u.s	PROPN
ftr-371	89	12	.	.	PROPN
ftr-371	89	13	tax	tax	NOUN
ftr-371	89	14	is	be	AUX
ftr-371	89	15	paid	pay	VERB
ftr-371	89	16	on	on	ADP
ftr-371	89	17	foreign	foreign	ADJ
ftr-371	89	18	source	source	NOUN
ftr-371	89	19	income	income	NOUN
ftr-371	89	20	.	.	PUNCT
ftr-371	90	1	in	in	ADP
ftr-371	90	2	a	a	DET
ftr-371	90	3	1995	1995	NUM
ftr-371	90	4	study	study	NOUN
ftr-371	90	5	,	,	PUNCT
ftr-371	90	6	grubert	grubert	NOUN
ftr-371	90	7	and	and	CCONJ
ftr-371	90	8	mutti	mutti	PROPN
ftr-371	90	9	found	find	VERB
ftr-371	90	10	the	the	DET
ftr-371	90	11	u.s	u.s	PROPN
ftr-371	90	12	.	.	PROPN
ftr-371	90	13	tax	tax	NOUN
ftr-371	90	14	is	be	AUX
ftr-371	90	15	only	only	ADV
ftr-371	90	16	about	about	ADV
ftr-371	90	17	3	3	NUM
ftr-371	90	18	%	%	NOUN
ftr-371	90	19	using	use	VERB
ftr-371	90	20	bea	bea	PROPN
ftr-371	90	21	data	datum	NOUN
ftr-371	90	22	,	,	PUNCT
ftr-371	90	23	and	and	CCONJ
ftr-371	90	24	the	the	DET
ftr-371	90	25	gao	gao	NOUN
ftr-371	90	26	in	in	ADP
ftr-371	90	27	a	a	DET
ftr-371	90	28	2008	2008	NUM
ftr-371	90	29	study	study	NOUN
ftr-371	90	30	found	find	VERB
ftr-371	90	31	a	a	DET
ftr-371	90	32	rate	rate	NOUN
ftr-371	90	33	of	of	ADP
ftr-371	90	34	4	4	NUM
ftr-371	90	35	%	%	NOUN
ftr-371	90	36	using	use	VERB
ftr-371	90	37	the	the	DET
ftr-371	90	38	new	new	ADJ
ftr-371	90	39	schedule	schedule	NOUN
ftr-371	90	40	m-3	m-3	PROPN
ftr-371	90	41	reconciliation	reconciliation	PROPN
ftr-371	90	42	form.12	form.12	PROPN
ftr-371	90	43	ii	ii	PROPN
ftr-371	90	44	.	.	PUNCT
ftr-371	91	1	economic	economic	ADJ
ftr-371	91	2	issues	issue	NOUN
ftr-371	91	3	and	and	CCONJ
ftr-371	91	4	the	the	DET
ftr-371	91	5	allocation	allocation	NOUN
ftr-371	91	6	of	of	ADP
ftr-371	91	7	production	production	NOUN
ftr-371	91	8	the	the	DET
ftr-371	91	9	debate	debate	NOUN
ftr-371	91	10	over	over	ADP
ftr-371	91	11	international	international	ADJ
ftr-371	91	12	tax	tax	NOUN
ftr-371	91	13	issues	issue	NOUN
ftr-371	91	14	has	have	AUX
ftr-371	91	15	been	be	AUX
ftr-371	91	16	confused	confuse	VERB
ftr-371	91	17	because	because	SCONJ
ftr-371	91	18	of	of	ADP
ftr-371	91	19	the	the	DET
ftr-371	91	20	reference	reference	NOUN
ftr-371	91	21	to	to	ADP
ftr-371	91	22	the	the	DET
ftr-371	91	23	term	term	NOUN
ftr-371	91	24	“	"	PUNCT
ftr-371	91	25	international	international	ADJ
ftr-371	91	26	competitiveness	competitiveness	NOUN
ftr-371	91	27	,	,	PUNCT
ftr-371	91	28	”	"	PUNCT
ftr-371	91	29	which	which	PRON
ftr-371	91	30	does	do	AUX
ftr-371	91	31	not	not	PART
ftr-371	91	32	have	have	VERB
ftr-371	91	33	a	a	DET
ftr-371	91	34	clear	clear	ADJ
ftr-371	91	35	economic	economic	ADJ
ftr-371	91	36	meaning	meaning	NOUN
ftr-371	91	37	.	.	PUNCT
ftr-371	92	1	in	in	ADP
ftr-371	92	2	economic	economic	ADJ
ftr-371	92	3	analysis	analysis	NOUN
ftr-371	92	4	,	,	PUNCT
ftr-371	92	5	it	it	PRON
ftr-371	92	6	is	be	AUX
ftr-371	92	7	not	not	PART
ftr-371	92	8	countries	country	NOUN
ftr-371	92	9	that	that	PRON
ftr-371	92	10	are	be	AUX
ftr-371	92	11	competitive	competitive	ADJ
ftr-371	92	12	,	,	PUNCT
ftr-371	92	13	it	it	PRON
ftr-371	92	14	is	be	AUX
ftr-371	92	15	companies	company	NOUN
ftr-371	92	16	that	that	PRON
ftr-371	92	17	are	be	AUX
ftr-371	92	18	.	.	PUNCT
ftr-371	93	1	a	a	DET
ftr-371	93	2	company	company	NOUN
ftr-371	93	3	generally	generally	ADV
ftr-371	93	4	thinks	think	VERB
ftr-371	93	5	of	of	ADP
ftr-371	93	6	itself	itself	PRON
ftr-371	93	7	as	as	ADV
ftr-371	93	8	competitive	competitive	ADJ
ftr-371	93	9	if	if	SCONJ
ftr-371	93	10	it	it	PRON
ftr-371	93	11	can	can	AUX
ftr-371	93	12	produce	produce	VERB
ftr-371	93	13	at	at	ADP
ftr-371	93	14	the	the	DET
ftr-371	93	15	same	same	ADJ
ftr-371	93	16	cost	cost	NOUN
ftr-371	93	17	as	as	ADP
ftr-371	93	18	,	,	PUNCT
ftr-371	93	19	or	or	CCONJ
ftr-371	93	20	a	a	DET
ftr-371	93	21	lower	low	ADJ
ftr-371	93	22	cost	cost	NOUN
ftr-371	93	23	than	than	ADP
ftr-371	93	24	,	,	PUNCT
ftr-371	93	25	other	other	ADJ
ftr-371	93	26	firms	firm	NOUN
ftr-371	93	27	.	.	PUNCT
ftr-371	94	1	but	but	CCONJ
ftr-371	94	2	a	a	DET
ftr-371	94	3	country	country	NOUN
ftr-371	94	4	=	=	SYM
ftr-371	94	5	s	s	PART
ftr-371	94	6	firms	firm	NOUN
ftr-371	94	7	can	can	AUX
ftr-371	94	8	not	not	PART
ftr-371	94	9	be	be	AUX
ftr-371	94	10	competitive	competitive	ADJ
ftr-371	94	11	in	in	ADP
ftr-371	94	12	all	all	DET
ftr-371	94	13	areas	area	NOUN
ftr-371	94	14	.	.	PUNCT
ftr-371	95	1	indeed	indeed	ADV
ftr-371	95	2	,	,	PUNCT
ftr-371	95	3	even	even	ADV
ftr-371	95	4	if	if	SCONJ
ftr-371	95	5	firms	firm	NOUN
ftr-371	95	6	in	in	ADP
ftr-371	95	7	a	a	DET
ftr-371	95	8	country	country	NOUN
ftr-371	95	9	are	be	AUX
ftr-371	95	10	more	more	ADV
ftr-371	95	11	productive	productive	ADJ
ftr-371	95	12	than	than	ADP
ftr-371	95	13	firms	firm	NOUN
ftr-371	95	14	in	in	ADP
ftr-371	95	15	all	all	DET
ftr-371	95	16	other	other	ADJ
ftr-371	95	17	countries	country	NOUN
ftr-371	95	18	in	in	ADP
ftr-371	95	19	every	every	DET
ftr-371	95	20	respect	respect	NOUN
ftr-371	95	21	,	,	PUNCT
ftr-371	95	22	a	a	DET
ftr-371	95	23	country	country	NOUN
ftr-371	95	24	would	would	AUX
ftr-371	95	25	still	still	ADV
ftr-371	95	26	tend	tend	VERB
ftr-371	95	27	to	to	PART
ftr-371	95	28	produce	produce	VERB
ftr-371	95	29	those	those	DET
ftr-371	95	30	goods	good	NOUN
ftr-371	95	31	in	in	ADP
ftr-371	95	32	which	which	PRON
ftr-371	95	33	its	its	PRON
ftr-371	95	34	relative	relative	ADJ
ftr-371	95	35	advantage	advantage	NOUN
ftr-371	95	36	is	be	AUX
ftr-371	95	37	greatest	great	ADJ
ftr-371	95	38	.	.	PUNCT
ftr-371	96	1	the	the	DET
ftr-371	96	2	other	other	ADJ
ftr-371	96	3	countries	country	NOUN
ftr-371	96	4	need	need	VERB
ftr-371	96	5	to	to	PART
ftr-371	96	6	produce	produce	VERB
ftr-371	96	7	goods	good	NOUN
ftr-371	96	8	with	with	ADP
ftr-371	96	9	their	their	PRON
ftr-371	96	10	resources	resource	NOUN
ftr-371	96	11	as	as	ADV
ftr-371	96	12	well	well	ADV
ftr-371	96	13	.	.	PUNCT
ftr-371	97	1	this	this	DET
ftr-371	97	2	notion	notion	NOUN
ftr-371	97	3	is	be	AUX
ftr-371	97	4	called	call	VERB
ftr-371	97	5	comparative	comparative	ADJ
ftr-371	97	6	advantage	advantage	NOUN
ftr-371	97	7	,	,	PUNCT
ftr-371	97	8	and	and	CCONJ
ftr-371	97	9	it	it	PRON
ftr-371	97	10	is	be	AUX
ftr-371	97	11	an	an	DET
ftr-371	97	12	important	important	ADJ
ftr-371	97	13	concept	concept	NOUN
ftr-371	97	14	in	in	ADP
ftr-371	97	15	economic	economic	ADJ
ftr-371	97	16	theory.13	theory.13	NOUN
ftr-371	97	17	the	the	DET
ftr-371	97	18	issue	issue	NOUN
ftr-371	97	19	,	,	PUNCT
ftr-371	97	20	therefore	therefore	ADV
ftr-371	97	21	,	,	PUNCT
ftr-371	97	22	is	be	AUX
ftr-371	97	23	not	not	PART
ftr-371	97	24	how	how	SCONJ
ftr-371	97	25	to	to	PART
ftr-371	97	26	compete	compete	VERB
ftr-371	97	27	in	in	ADP
ftr-371	97	28	general	general	ADJ
ftr-371	97	29	but	but	CCONJ
ftr-371	97	30	how	how	SCONJ
ftr-371	97	31	to	to	PART
ftr-371	97	32	use	use	VERB
ftr-371	97	33	limited	limited	ADJ
ftr-371	97	34	resources	resource	NOUN
ftr-371	97	35	in	in	ADP
ftr-371	97	36	the	the	DET
ftr-371	97	37	best	good	ADJ
ftr-371	97	38	way	way	NOUN
ftr-371	97	39	.	.	PUNCT
ftr-371	98	1	11	11	X
ftr-371	98	2	.	.	X
ftr-371	99	1	see	see	VERB
ftr-371	99	2	david	david	PROPN
ftr-371	99	3	r.	r.	PROPN
ftr-371	99	4	sicular	sicular	PROPN
ftr-371	99	5	,	,	PUNCT
ftr-371	99	6	“	"	PUNCT
ftr-371	99	7	the	the	DET
ftr-371	99	8	new	new	ADJ
ftr-371	99	9	look	look	VERB
ftr-371	99	10	-	-	PUNCT
ftr-371	99	11	through	through	ADP
ftr-371	99	12	rule	rule	NOUN
ftr-371	99	13	:	:	PUNCT
ftr-371	99	14	w(h)ither	w(h)ither	PRON
ftr-371	99	15	subpart	subpart	NOUN
ftr-371	99	16	f	f	NOUN
ftr-371	99	17	?	?	PUNCT
ftr-371	99	18	”	"	PUNCT
ftr-371	99	19	tax	tax	NOUN
ftr-371	99	20	notes	note	NOUN
ftr-371	99	21	,	,	PUNCT
ftr-371	99	22	apr	apr	PROPN
ftr-371	99	23	.	.	PROPN
ftr-371	99	24	23	23	NUM
ftr-371	99	25	,	,	PUNCT
ftr-371	99	26	2007	2007	NUM
ftr-371	99	27	,	,	PUNCT
ftr-371	99	28	pp	pp	ADJ
ftr-371	99	29	.	.	PUNCT
ftr-371	100	1	349	349	NUM
ftr-371	100	2	-	-	SYM
ftr-371	100	3	378	378	NUM
ftr-371	100	4	.	.	PUNCT
ftr-371	101	1	the	the	DET
ftr-371	101	2	provision	provision	NOUN
ftr-371	101	3	originally	originally	ADV
ftr-371	101	4	expired	expire	VERB
ftr-371	101	5	at	at	ADP
ftr-371	101	6	the	the	DET
ftr-371	101	7	end	end	NOUN
ftr-371	101	8	of	of	ADP
ftr-371	101	9	2008	2008	NUM
ftr-371	101	10	,	,	PUNCT
ftr-371	101	11	but	but	CCONJ
ftr-371	101	12	was	be	AUX
ftr-371	101	13	extended	extend	VERB
ftr-371	101	14	an	an	DET
ftr-371	101	15	additional	additional	ADJ
ftr-371	101	16	year	year	NOUN
ftr-371	101	17	by	by	ADP
ftr-371	101	18	the	the	DET
ftr-371	101	19	emergency	emergency	NOUN
ftr-371	101	20	economic	economic	ADJ
ftr-371	101	21	stabilization	stabilization	NOUN
ftr-371	101	22	act	act	NOUN
ftr-371	101	23	of	of	ADP
ftr-371	101	24	2008	2008	NUM
ftr-371	101	25	,	,	PUNCT
ftr-371	101	26	p.l	p.l	PROPN
ftr-371	101	27	.	.	PROPN
ftr-371	101	28	110	110	NUM
ftr-371	101	29	-	-	SYM
ftr-371	101	30	343	343	NUM
ftr-371	101	31	.	.	PUNCT
ftr-371	102	1	12	12	NUM
ftr-371	102	2	.	.	PUNCT
ftr-371	103	1	harry	harry	PROPN
ftr-371	103	2	grubert	grubert	PROPN
ftr-371	103	3	and	and	CCONJ
ftr-371	103	4	john	john	PROPN
ftr-371	103	5	mutti	mutti	PROPN
ftr-371	103	6	,	,	PUNCT
ftr-371	103	7	“	"	PUNCT
ftr-371	103	8	taxing	tax	VERB
ftr-371	103	9	multinationals	multinational	NOUN
ftr-371	103	10	in	in	ADP
ftr-371	103	11	a	a	DET
ftr-371	103	12	world	world	NOUN
ftr-371	103	13	with	with	ADP
ftr-371	103	14	portfolio	portfolio	NOUN
ftr-371	103	15	flows	flow	NOUN
ftr-371	103	16	and	and	CCONJ
ftr-371	103	17	r&d	r&d	NOUN
ftr-371	103	18	:	:	PUNCT
ftr-371	103	19	is	be	AUX
ftr-371	103	20	capital	capital	NOUN
ftr-371	103	21	export	export	NOUN
ftr-371	103	22	neutrality	neutrality	NOUN
ftr-371	103	23	obsolete	obsolete	ADJ
ftr-371	103	24	?	?	PUNCT
ftr-371	103	25	”	"	PUNCT
ftr-371	103	26	international	international	ADJ
ftr-371	103	27	tax	tax	NOUN
ftr-371	103	28	and	and	CCONJ
ftr-371	103	29	public	public	ADJ
ftr-371	103	30	finance	finance	NOUN
ftr-371	103	31	,	,	PUNCT
ftr-371	103	32	vol	vol	NOUN
ftr-371	103	33	.	.	PROPN
ftr-371	103	34	2	2	NUM
ftr-371	103	35	(	(	PUNCT
ftr-371	103	36	nov	nov	PROPN
ftr-371	103	37	.	.	PROPN
ftr-371	103	38	1995	1995	NUM
ftr-371	103	39	):	):	PUNCT
ftr-371	103	40	439	439	NUM
ftr-371	103	41	-	-	SYM
ftr-371	103	42	57	57	NUM
ftr-371	103	43	.	.	PUNCT
ftr-371	104	1	government	government	NOUN
ftr-371	104	2	accountability	accountability	NOUN
ftr-371	104	3	office	office	NOUN
ftr-371	104	4	,	,	PUNCT
ftr-371	104	5	u.s	u.s	PROPN
ftr-371	104	6	.	.	PROPN
ftr-371	104	7	multinational	multinational	ADJ
ftr-371	104	8	corporations	corporation	NOUN
ftr-371	104	9	:	:	PUNCT
ftr-371	104	10	effective	effective	ADJ
ftr-371	104	11	tax	tax	NOUN
ftr-371	104	12	rates	rate	NOUN
ftr-371	104	13	are	be	AUX
ftr-371	104	14	correlated	correlate	VERB
ftr-371	104	15	with	with	ADP
ftr-371	104	16	where	where	SCONJ
ftr-371	104	17	income	income	NOUN
ftr-371	104	18	is	be	AUX
ftr-371	104	19	reported	report	VERB
ftr-371	104	20	,	,	PUNCT
ftr-371	104	21	gao-08	gao-08	NOUN
ftr-371	104	22	-	-	SYM
ftr-371	104	23	950	950	NUM
ftr-371	104	24	,	,	PUNCT
ftr-371	104	25	aug	aug	PROPN
ftr-371	104	26	.	.	PROPN
ftr-371	104	27	2008	2008	NUM
ftr-371	104	28	.	.	PUNCT
ftr-371	105	1	13	13	NUM
ftr-371	105	2	.	.	X
ftr-371	105	3	comparative	comparative	ADJ
ftr-371	105	4	advantage	advantage	NOUN
ftr-371	105	5	is	be	AUX
ftr-371	105	6	not	not	PART
ftr-371	105	7	a	a	DET
ftr-371	105	8	technical	technical	ADJ
ftr-371	105	9	or	or	CCONJ
ftr-371	105	10	unfamiliar	unfamiliar	ADJ
ftr-371	105	11	concept	concept	NOUN
ftr-371	105	12	;	;	PUNCT
ftr-371	105	13	it	it	PRON
ftr-371	105	14	is	be	AUX
ftr-371	105	15	a	a	DET
ftr-371	105	16	common	common	ADJ
ftr-371	105	17	,	,	PUNCT
ftr-371	105	18	everyday	everyday	ADJ
ftr-371	105	19	occurrence	occurrence	NOUN
ftr-371	105	20	.	.	PUNCT
ftr-371	106	1	a	a	DET
ftr-371	106	2	lawyer	lawyer	NOUN
ftr-371	106	3	may	may	AUX
ftr-371	106	4	be	be	AUX
ftr-371	106	5	able	able	ADJ
ftr-371	106	6	to	to	PART
ftr-371	106	7	do	do	VERB
ftr-371	106	8	his	his	PRON
ftr-371	106	9	or	or	CCONJ
ftr-371	106	10	her	her	PRON
ftr-371	106	11	paralegal	paralegal	ADJ
ftr-371	106	12	employee	employee	NOUN
ftr-371	106	13	=	=	SYM
ftr-371	106	14	s	s	PART
ftr-371	106	15	work	work	NOUN
ftr-371	106	16	more	more	ADV
ftr-371	106	17	efficiently	efficiently	ADV
ftr-371	106	18	,	,	PUNCT
ftr-371	106	19	but	but	CCONJ
ftr-371	106	20	that	that	DET
ftr-371	106	21	activity	activity	NOUN
ftr-371	106	22	is	be	AUX
ftr-371	106	23	not	not	PART
ftr-371	106	24	the	the	DET
ftr-371	106	25	best	good	ADJ
ftr-371	106	26	use	use	NOUN
ftr-371	106	27	of	of	ADP
ftr-371	106	28	his	his	PRON
ftr-371	106	29	or	or	CCONJ
ftr-371	106	30	her	her	PRON
ftr-371	106	31	time	time	NOUN
ftr-371	106	32	.	.	PUNCT
ftr-371	107	1	a	a	DET
ftr-371	107	2	lawyer	lawyer	NOUN
ftr-371	107	3	has	have	VERB
ftr-371	107	4	an	an	DET
ftr-371	107	5	absolute	absolute	ADJ
ftr-371	107	6	advantage	advantage	NOUN
ftr-371	107	7	in	in	ADP
ftr-371	107	8	both	both	DET
ftr-371	107	9	law	law	NOUN
ftr-371	107	10	practice	practice	NOUN
ftr-371	107	11	and	and	CCONJ
ftr-371	107	12	paralegal	paralegal	ADJ
ftr-371	107	13	work	work	NOUN
ftr-371	107	14	,	,	PUNCT
ftr-371	107	15	but	but	CCONJ
ftr-371	107	16	a	a	DET
ftr-371	107	17	comparative	comparative	ADJ
ftr-371	107	18	advantage	advantage	NOUN
ftr-371	107	19	in	in	ADP
ftr-371	107	20	practicing	practice	VERB
ftr-371	107	21	law	law	NOUN
ftr-371	107	22	.	.	PUNCT
ftr-371	108	1	2009	2009	NUM
ftr-371	108	2	]	]	PUNCT
ftr-371	108	3	international	international	ADJ
ftr-371	108	4	corporate	corporate	ADJ
ftr-371	108	5	tax	tax	NOUN
ftr-371	108	6	reform	reform	NOUN
ftr-371	108	7	475	475	NUM
ftr-371	108	8	economic	economic	ADJ
ftr-371	108	9	analysis	analysis	NOUN
ftr-371	108	10	does	do	AUX
ftr-371	108	11	sometimes	sometimes	ADV
ftr-371	108	12	discuss	discuss	VERB
ftr-371	108	13	the	the	DET
ftr-371	108	14	competition	competition	NOUN
ftr-371	108	15	of	of	ADP
ftr-371	108	16	countries	country	NOUN
ftr-371	108	17	for	for	ADP
ftr-371	108	18	capital	capital	NOUN
ftr-371	108	19	,	,	PUNCT
ftr-371	108	20	an	an	DET
ftr-371	108	21	issue	issue	NOUN
ftr-371	108	22	that	that	PRON
ftr-371	108	23	relates	relate	VERB
ftr-371	108	24	to	to	ADP
ftr-371	108	25	inbound	inbound	ADJ
ftr-371	108	26	investment	investment	NOUN
ftr-371	108	27	,	,	PUNCT
ftr-371	108	28	not	not	PART
ftr-371	108	29	the	the	DET
ftr-371	108	30	outbound	outbound	ADJ
ftr-371	108	31	investment	investment	NOUN
ftr-371	108	32	that	that	PRON
ftr-371	108	33	the	the	DET
ftr-371	108	34	international	international	ADJ
ftr-371	108	35	competitiveness	competitiveness	NOUN
ftr-371	108	36	argument	argument	NOUN
ftr-371	108	37	is	be	AUX
ftr-371	108	38	frequently	frequently	ADV
ftr-371	108	39	applied	apply	VERB
ftr-371	108	40	to	to	ADP
ftr-371	108	41	.	.	PUNCT
ftr-371	109	1	this	this	DET
ftr-371	109	2	issue	issue	NOUN
ftr-371	109	3	is	be	AUX
ftr-371	109	4	discussed	discuss	VERB
ftr-371	109	5	below	below	ADV
ftr-371	109	6	in	in	ADP
ftr-371	109	7	the	the	DET
ftr-371	109	8	consideration	consideration	NOUN
ftr-371	109	9	of	of	ADP
ftr-371	109	10	optimal	optimal	ADJ
ftr-371	109	11	taxation	taxation	NOUN
ftr-371	109	12	.	.	PUNCT
ftr-371	110	1	economists	economist	NOUN
ftr-371	110	2	tend	tend	VERB
ftr-371	110	3	to	to	PART
ftr-371	110	4	discuss	discuss	VERB
ftr-371	110	5	tax	tax	NOUN
ftr-371	110	6	policies	policy	NOUN
ftr-371	110	7	in	in	ADP
ftr-371	110	8	terms	term	NOUN
ftr-371	110	9	of	of	ADP
ftr-371	110	10	efficiency	efficiency	NOUN
ftr-371	110	11	and	and	CCONJ
ftr-371	110	12	optimality	optimality	NOUN
ftr-371	110	13	.	.	PUNCT
ftr-371	111	1	consider	consider	VERB
ftr-371	111	2	efficiency	efficiency	NOUN
ftr-371	111	3	first	first	ADV
ftr-371	111	4	.	.	PUNCT
ftr-371	112	1	if	if	SCONJ
ftr-371	112	2	a	a	DET
ftr-371	112	3	tax	tax	NOUN
ftr-371	112	4	system	system	NOUN
ftr-371	112	5	is	be	AUX
ftr-371	112	6	to	to	PART
ftr-371	112	7	be	be	AUX
ftr-371	112	8	designed	design	VERB
ftr-371	112	9	to	to	PART
ftr-371	112	10	be	be	AUX
ftr-371	112	11	efficient	efficient	ADJ
ftr-371	112	12	,	,	PUNCT
ftr-371	112	13	then	then	ADV
ftr-371	112	14	,	,	PUNCT
ftr-371	112	15	barring	bar	VERB
ftr-371	112	16	the	the	DET
ftr-371	112	17	need	need	NOUN
ftr-371	112	18	to	to	PART
ftr-371	112	19	correct	correct	VERB
ftr-371	112	20	for	for	ADP
ftr-371	112	21	externalities	externality	NOUN
ftr-371	112	22	and	and	CCONJ
ftr-371	112	23	other	other	ADJ
ftr-371	112	24	market	market	NOUN
ftr-371	112	25	imperfections	imperfection	NOUN
ftr-371	112	26	,	,	PUNCT
ftr-371	112	27	it	it	PRON
ftr-371	112	28	should	should	AUX
ftr-371	112	29	also	also	ADV
ftr-371	112	30	be	be	AUX
ftr-371	112	31	neutral	neutral	ADJ
ftr-371	112	32	.	.	PUNCT
ftr-371	113	1	a	a	DET
ftr-371	113	2	capital	capital	NOUN
ftr-371	113	3	income	income	NOUN
ftr-371	113	4	tax	tax	NOUN
ftr-371	113	5	should	should	AUX
ftr-371	113	6	not	not	PART
ftr-371	113	7	alter	alter	VERB
ftr-371	113	8	the	the	DET
ftr-371	113	9	allocation	allocation	NOUN
ftr-371	113	10	of	of	ADP
ftr-371	113	11	capital	capital	NOUN
ftr-371	113	12	,	,	PUNCT
ftr-371	113	13	so	so	SCONJ
ftr-371	113	14	that	that	SCONJ
ftr-371	113	15	the	the	DET
ftr-371	113	16	share	share	NOUN
ftr-371	113	17	of	of	ADP
ftr-371	113	18	a	a	DET
ftr-371	113	19	fixed	fix	VERB
ftr-371	113	20	capital	capital	NOUN
ftr-371	113	21	stock	stock	NOUN
ftr-371	113	22	should	should	AUX
ftr-371	113	23	be	be	AUX
ftr-371	113	24	the	the	DET
ftr-371	113	25	same	same	ADJ
ftr-371	113	26	as	as	SCONJ
ftr-371	113	27	it	it	PRON
ftr-371	113	28	would	would	AUX
ftr-371	113	29	be	be	AUX
ftr-371	113	30	in	in	ADP
ftr-371	113	31	the	the	DET
ftr-371	113	32	absence	absence	NOUN
ftr-371	113	33	of	of	ADP
ftr-371	113	34	tax	tax	NOUN
ftr-371	113	35	.	.	PUNCT
ftr-371	114	1	this	this	DET
ftr-371	114	2	efficiency	efficiency	NOUN
ftr-371	114	3	can	can	AUX
ftr-371	114	4	be	be	AUX
ftr-371	114	5	achieved	achieve	VERB
ftr-371	114	6	under	under	ADP
ftr-371	114	7	many	many	ADJ
ftr-371	114	8	types	type	NOUN
ftr-371	114	9	of	of	ADP
ftr-371	114	10	rules	rule	NOUN
ftr-371	114	11	if	if	SCONJ
ftr-371	114	12	all	all	DET
ftr-371	114	13	countries	country	NOUN
ftr-371	114	14	have	have	VERB
ftr-371	114	15	the	the	DET
ftr-371	114	16	same	same	ADJ
ftr-371	114	17	tax	tax	NOUN
ftr-371	114	18	rate	rate	NOUN
ftr-371	114	19	,	,	PUNCT
ftr-371	114	20	but	but	CCONJ
ftr-371	114	21	only	only	ADV
ftr-371	114	22	under	under	ADP
ftr-371	114	23	one	one	NUM
ftr-371	114	24	regime	regime	NOUN
ftr-371	114	25	if	if	SCONJ
ftr-371	114	26	tax	tax	NOUN
ftr-371	114	27	rates	rate	NOUN
ftr-371	114	28	differ	differ	VERB
ftr-371	114	29	.	.	PUNCT
ftr-371	115	1	that	that	DET
ftr-371	115	2	regime	regime	NOUN
ftr-371	115	3	is	be	AUX
ftr-371	115	4	referred	refer	VERB
ftr-371	115	5	to	to	ADP
ftr-371	115	6	as	as	ADP
ftr-371	115	7	capital	capital	NOUN
ftr-371	115	8	export	export	NOUN
ftr-371	115	9	neutrality	neutrality	NOUN
ftr-371	115	10	,	,	PUNCT
ftr-371	115	11	and	and	CCONJ
ftr-371	115	12	it	it	PRON
ftr-371	115	13	means	mean	VERB
ftr-371	115	14	that	that	SCONJ
ftr-371	115	15	investments	investment	NOUN
ftr-371	115	16	owned	own	VERB
ftr-371	115	17	by	by	ADP
ftr-371	115	18	the	the	DET
ftr-371	115	19	citizens	citizen	NOUN
ftr-371	115	20	of	of	ADP
ftr-371	115	21	any	any	DET
ftr-371	115	22	one	one	NUM
ftr-371	115	23	country	country	NOUN
ftr-371	115	24	will	will	AUX
ftr-371	115	25	face	face	VERB
ftr-371	115	26	the	the	DET
ftr-371	115	27	same	same	ADJ
ftr-371	115	28	tax	tax	NOUN
ftr-371	115	29	rate	rate	NOUN
ftr-371	115	30	regardless	regardless	ADV
ftr-371	115	31	of	of	ADP
ftr-371	115	32	the	the	DET
ftr-371	115	33	location	location	NOUN
ftr-371	115	34	.	.	PUNCT
ftr-371	116	1	investors	investor	NOUN
ftr-371	116	2	will	will	AUX
ftr-371	116	3	still	still	ADV
ftr-371	116	4	be	be	AUX
ftr-371	116	5	earning	earn	VERB
ftr-371	116	6	the	the	DET
ftr-371	116	7	same	same	ADJ
ftr-371	116	8	return	return	NOUN
ftr-371	116	9	after	after	ADP
ftr-371	116	10	tax	tax	NOUN
ftr-371	116	11	in	in	ADP
ftr-371	116	12	each	each	DET
ftr-371	116	13	jurisdiction	jurisdiction	NOUN
ftr-371	116	14	,	,	PUNCT
ftr-371	116	15	and	and	CCONJ
ftr-371	116	16	will	will	AUX
ftr-371	116	17	have	have	VERB
ftr-371	116	18	no	no	DET
ftr-371	116	19	incentive	incentive	NOUN
ftr-371	116	20	to	to	PART
ftr-371	116	21	shift	shift	VERB
ftr-371	116	22	the	the	DET
ftr-371	116	23	location	location	NOUN
ftr-371	116	24	of	of	ADP
ftr-371	116	25	investment	investment	NOUN
ftr-371	116	26	.	.	PUNCT
ftr-371	117	1	given	give	VERB
ftr-371	117	2	competitive	competitive	ADJ
ftr-371	117	3	markets	market	NOUN
ftr-371	117	4	,	,	PUNCT
ftr-371	117	5	this	this	DET
ftr-371	117	6	rule	rule	NOUN
ftr-371	117	7	will	will	AUX
ftr-371	117	8	maximize	maximize	VERB
ftr-371	117	9	worldwide	worldwide	ADJ
ftr-371	117	10	output	output	NOUN
ftr-371	117	11	,	,	PUNCT
ftr-371	117	12	that	that	ADV
ftr-371	117	13	is	is	ADV
ftr-371	117	14	,	,	PUNCT
ftr-371	117	15	be	be	AUX
ftr-371	117	16	optimal	optimal	ADJ
ftr-371	117	17	from	from	ADP
ftr-371	117	18	the	the	DET
ftr-371	117	19	standpoint	standpoint	NOUN
ftr-371	117	20	of	of	ADP
ftr-371	117	21	overall	overall	ADJ
ftr-371	117	22	worldwide	worldwide	ADJ
ftr-371	117	23	welfare	welfare	NOUN
ftr-371	117	24	.	.	PUNCT
ftr-371	118	1	note	note	VERB
ftr-371	118	2	that	that	SCONJ
ftr-371	118	3	there	there	PRON
ftr-371	118	4	is	be	VERB
ftr-371	118	5	no	no	DET
ftr-371	118	6	need	need	NOUN
ftr-371	118	7	to	to	PART
ftr-371	118	8	have	have	AUX
ftr-371	118	9	equal	equal	ADJ
ftr-371	118	10	tax	tax	NOUN
ftr-371	118	11	rates	rate	NOUN
ftr-371	118	12	in	in	ADP
ftr-371	118	13	a	a	DET
ftr-371	118	14	particular	particular	ADJ
ftr-371	118	15	location	location	NOUN
ftr-371	118	16	,	,	PUNCT
ftr-371	118	17	a	a	DET
ftr-371	118	18	condition	condition	NOUN
ftr-371	118	19	that	that	PRON
ftr-371	118	20	is	be	AUX
ftr-371	118	21	often	often	ADV
ftr-371	118	22	identified	identify	VERB
ftr-371	118	23	with	with	ADP
ftr-371	118	24	“	"	PUNCT
ftr-371	118	25	competitiveness	competitiveness	NOUN
ftr-371	118	26	.	.	PUNCT
ftr-371	118	27	”	"	PUNCT
ftr-371	119	1	it	it	PRON
ftr-371	119	2	is	be	AUX
ftr-371	119	3	also	also	ADV
ftr-371	119	4	referred	refer	VERB
ftr-371	119	5	to	to	ADP
ftr-371	119	6	as	as	ADP
ftr-371	119	7	capital	capital	NOUN
ftr-371	119	8	import	import	NOUN
ftr-371	119	9	neutrality	neutrality	NOUN
ftr-371	119	10	.	.	PUNCT
ftr-371	120	1	if	if	SCONJ
ftr-371	120	2	the	the	DET
ftr-371	120	3	pre	pre	ADJ
ftr-371	120	4	-	-	ADJ
ftr-371	120	5	tax	tax	ADJ
ftr-371	120	6	rate	rate	NOUN
ftr-371	120	7	of	of	ADP
ftr-371	120	8	return	return	NOUN
ftr-371	120	9	is	be	AUX
ftr-371	120	10	10	10	NUM
ftr-371	120	11	%	%	NOUN
ftr-371	120	12	and	and	CCONJ
ftr-371	120	13	one	one	NUM
ftr-371	120	14	country	country	NOUN
ftr-371	120	15	imposes	impose	VERB
ftr-371	120	16	a	a	DET
ftr-371	120	17	50	50	NUM
ftr-371	120	18	%	%	NOUN
ftr-371	120	19	tax	tax	NOUN
ftr-371	120	20	rate	rate	NOUN
ftr-371	120	21	and	and	CCONJ
ftr-371	120	22	another	another	PRON
ftr-371	120	23	imposes	impose	VERB
ftr-371	120	24	a	a	DET
ftr-371	120	25	25	25	NUM
ftr-371	120	26	%	%	NOUN
ftr-371	120	27	tax	tax	NOUN
ftr-371	120	28	rate	rate	NOUN
ftr-371	120	29	,	,	PUNCT
ftr-371	120	30	investors	investor	NOUN
ftr-371	120	31	resident	resident	VERB
ftr-371	120	32	in	in	ADP
ftr-371	120	33	the	the	DET
ftr-371	120	34	first	first	ADJ
ftr-371	120	35	country	country	NOUN
ftr-371	120	36	will	will	AUX
ftr-371	120	37	earn	earn	VERB
ftr-371	120	38	a	a	DET
ftr-371	120	39	10	10	NUM
ftr-371	120	40	%	%	NOUN
ftr-371	120	41	return	return	NOUN
ftr-371	120	42	before	before	ADP
ftr-371	120	43	tax	tax	NOUN
ftr-371	120	44	and	and	CCONJ
ftr-371	120	45	a	a	DET
ftr-371	120	46	5	5	NUM
ftr-371	120	47	%	%	NOUN
ftr-371	120	48	return	return	NOUN
ftr-371	120	49	after	after	ADP
ftr-371	120	50	tax	tax	NOUN
ftr-371	120	51	on	on	ADP
ftr-371	120	52	their	their	PRON
ftr-371	120	53	domestic	domestic	ADJ
ftr-371	120	54	investments	investment	NOUN
ftr-371	120	55	and	and	CCONJ
ftr-371	120	56	on	on	ADP
ftr-371	120	57	any	any	DET
ftr-371	120	58	foreign	foreign	ADJ
ftr-371	120	59	investments	investment	NOUN
ftr-371	120	60	.	.	PUNCT
ftr-371	121	1	residents	resident	NOUN
ftr-371	121	2	of	of	ADP
ftr-371	121	3	the	the	DET
ftr-371	121	4	second	second	ADJ
ftr-371	121	5	country	country	NOUN
ftr-371	121	6	will	will	AUX
ftr-371	121	7	earn	earn	VERB
ftr-371	121	8	the	the	DET
ftr-371	121	9	same	same	ADJ
ftr-371	121	10	pretax	pretax	ADJ
ftr-371	121	11	return	return	NOUN
ftr-371	121	12	but	but	CCONJ
ftr-371	121	13	their	their	PRON
ftr-371	121	14	after	after	ADP
ftr-371	121	15	-	-	PUNCT
ftr-371	121	16	tax	tax	NOUN
ftr-371	121	17	return	return	NOUN
ftr-371	121	18	will	will	AUX
ftr-371	121	19	be	be	AUX
ftr-371	121	20	7.5	7.5	NUM
ftr-371	121	21	%	%	NOUN
ftr-371	121	22	in	in	ADP
ftr-371	121	23	both	both	DET
ftr-371	121	24	jurisdictions	jurisdiction	NOUN
ftr-371	121	25	,	,	PUNCT
ftr-371	121	26	or	or	CCONJ
ftr-371	121	27	in	in	ADP
ftr-371	121	28	any	any	DET
ftr-371	121	29	other	other	ADJ
ftr-371	121	30	jurisdiction	jurisdiction	NOUN
ftr-371	121	31	.	.	PUNCT
ftr-371	122	1	this	this	DET
ftr-371	122	2	difference	difference	NOUN
ftr-371	122	3	in	in	ADP
ftr-371	122	4	aftertax	aftertax	ADJ
ftr-371	122	5	return	return	NOUN
ftr-371	122	6	does	do	AUX
ftr-371	122	7	not	not	PART
ftr-371	122	8	interfere	interfere	VERB
ftr-371	122	9	with	with	ADP
ftr-371	122	10	the	the	DET
ftr-371	122	11	ability	ability	NOUN
ftr-371	122	12	of	of	ADP
ftr-371	122	13	each	each	DET
ftr-371	122	14	country	country	NOUN
ftr-371	123	1	=	=	SYM
ftr-371	123	2	s	s	PART
ftr-371	123	3	firms	firm	NOUN
ftr-371	123	4	to	to	PART
ftr-371	123	5	compete	compete	VERB
ftr-371	123	6	in	in	ADP
ftr-371	123	7	any	any	DET
ftr-371	123	8	jurisdiction	jurisdiction	NOUN
ftr-371	123	9	since	since	SCONJ
ftr-371	123	10	they	they	PRON
ftr-371	123	11	are	be	AUX
ftr-371	123	12	still	still	ADV
ftr-371	123	13	earning	earn	VERB
ftr-371	123	14	the	the	DET
ftr-371	123	15	same	same	ADJ
ftr-371	123	16	pre	pre	ADJ
ftr-371	123	17	-	-	ADJ
ftr-371	123	18	tax	tax	ADJ
ftr-371	123	19	return	return	NOUN
ftr-371	123	20	and	and	CCONJ
ftr-371	123	21	the	the	DET
ftr-371	123	22	price	price	NOUN
ftr-371	123	23	of	of	ADP
ftr-371	123	24	the	the	DET
ftr-371	123	25	products	product	NOUN
ftr-371	123	26	produced	produce	VERB
ftr-371	123	27	is	be	AUX
ftr-371	123	28	driven	drive	VERB
ftr-371	123	29	by	by	ADP
ftr-371	123	30	pre	pre	ADJ
ftr-371	123	31	-	-	NOUN
ftr-371	123	32	tax	tax	ADJ
ftr-371	123	33	,	,	PUNCT
ftr-371	123	34	not	not	PART
ftr-371	123	35	post	post	ADJ
ftr-371	123	36	-	-	ADJ
ftr-371	123	37	tax	tax	ADJ
ftr-371	123	38	,	,	PUNCT
ftr-371	123	39	return	return	NOUN
ftr-371	123	40	;	;	PUNCT
ftr-371	123	41	that	that	PRON
ftr-371	123	42	is	is	ADV
ftr-371	123	43	,	,	PUNCT
ftr-371	123	44	cost	cost	NOUN
ftr-371	123	45	includes	include	VERB
ftr-371	123	46	the	the	DET
ftr-371	123	47	required	require	VERB
ftr-371	123	48	return	return	NOUN
ftr-371	123	49	after	after	ADP
ftr-371	123	50	tax	tax	NOUN
ftr-371	123	51	to	to	ADP
ftr-371	123	52	the	the	DET
ftr-371	123	53	investor	investor	NOUN
ftr-371	123	54	and	and	CCONJ
ftr-371	123	55	the	the	DET
ftr-371	123	56	tax	tax	NOUN
ftr-371	123	57	.	.	PUNCT
ftr-371	124	1	while	while	SCONJ
ftr-371	124	2	no	no	DET
ftr-371	124	3	country	country	NOUN
ftr-371	124	4	imposes	impose	VERB
ftr-371	124	5	a	a	DET
ftr-371	124	6	pure	pure	ADJ
ftr-371	124	7	residence	residence	NOUN
ftr-371	124	8	-	-	PUNCT
ftr-371	124	9	based	base	VERB
ftr-371	124	10	tax	tax	NOUN
ftr-371	124	11	,	,	PUNCT
ftr-371	124	12	such	such	DET
ftr-371	124	13	a	a	DET
ftr-371	124	14	system	system	NOUN
ftr-371	124	15	could	could	AUX
ftr-371	124	16	also	also	ADV
ftr-371	124	17	be	be	AUX
ftr-371	124	18	obtained	obtain	VERB
ftr-371	124	19	with	with	ADP
ftr-371	124	20	worldwide	worldwide	ADJ
ftr-371	124	21	taxation	taxation	NOUN
ftr-371	124	22	and	and	CCONJ
ftr-371	124	23	unlimited	unlimited	ADJ
ftr-371	124	24	foreign	foreign	ADJ
ftr-371	124	25	tax	tax	NOUN
ftr-371	124	26	credits	credit	NOUN
ftr-371	124	27	as	as	ADV
ftr-371	124	28	long	long	ADV
ftr-371	124	29	as	as	SCONJ
ftr-371	124	30	investment	investment	NOUN
ftr-371	124	31	abroad	abroad	ADV
ftr-371	124	32	is	be	AUX
ftr-371	124	33	direct	direct	ADJ
ftr-371	124	34	(	(	PUNCT
ftr-371	124	35	made	make	VERB
ftr-371	124	36	by	by	ADP
ftr-371	124	37	corporations	corporation	NOUN
ftr-371	124	38	)	)	PUNCT
ftr-371	124	39	as	as	SCONJ
ftr-371	124	40	it	it	PRON
ftr-371	124	41	typically	typically	ADV
ftr-371	124	42	was	be	AUX
ftr-371	124	43	in	in	ADP
ftr-371	124	44	the	the	DET
ftr-371	124	45	past	past	NOUN
ftr-371	124	46	.	.	PUNCT
ftr-371	125	1	even	even	ADV
ftr-371	125	2	if	if	SCONJ
ftr-371	125	3	foreign	foreign	ADJ
ftr-371	125	4	tax	tax	NOUN
ftr-371	125	5	credits	credit	NOUN
ftr-371	125	6	are	be	AUX
ftr-371	125	7	limited	limit	VERB
ftr-371	125	8	,	,	PUNCT
ftr-371	125	9	the	the	DET
ftr-371	125	10	world	world	NOUN
ftr-371	125	11	wide	wide	ADJ
ftr-371	125	12	system	system	NOUN
ftr-371	125	13	,	,	PUNCT
ftr-371	125	14	without	without	ADP
ftr-371	125	15	deferral	deferral	ADJ
ftr-371	125	16	,	,	PUNCT
ftr-371	125	17	and	and	CCONJ
ftr-371	125	18	perhaps	perhaps	ADV
ftr-371	125	19	with	with	ADP
ftr-371	125	20	an	an	DET
ftr-371	125	21	effective	effective	ADJ
ftr-371	125	22	per	per	ADP
ftr-371	125	23	-	-	PUNCT
ftr-371	125	24	country	country	NOUN
ftr-371	125	25	foreign	foreign	ADJ
ftr-371	125	26	tax	tax	NOUN
ftr-371	125	27	credit	credit	NOUN
ftr-371	125	28	limit	limit	NOUN
ftr-371	125	29	,	,	PUNCT
ftr-371	125	30	might	might	AUX
ftr-371	125	31	be	be	AUX
ftr-371	125	32	a	a	DET
ftr-371	125	33	fairly	fairly	ADV
ftr-371	125	34	good	good	ADJ
ftr-371	125	35	approximation	approximation	NOUN
ftr-371	125	36	of	of	ADP
ftr-371	125	37	a	a	DET
ftr-371	125	38	neutral	neutral	ADJ
ftr-371	125	39	system	system	NOUN
ftr-371	125	40	,	,	PUNCT
ftr-371	125	41	especially	especially	ADV
ftr-371	125	42	when	when	SCONJ
ftr-371	125	43	tax	tax	NOUN
ftr-371	125	44	rates	rate	NOUN
ftr-371	125	45	tend	tend	VERB
ftr-371	125	46	to	to	PART
ftr-371	125	47	be	be	AUX
ftr-371	125	48	in	in	ADP
ftr-371	125	49	similar	similar	ADJ
ftr-371	125	50	ranges	range	NOUN
ftr-371	125	51	.	.	PUNCT
ftr-371	126	1	only	only	ADV
ftr-371	126	2	investments	investment	NOUN
ftr-371	126	3	in	in	ADP
ftr-371	126	4	countries	country	NOUN
ftr-371	126	5	with	with	ADP
ftr-371	126	6	higher	high	ADJ
ftr-371	126	7	tax	tax	NOUN
ftr-371	126	8	rates	rate	NOUN
ftr-371	126	9	would	would	AUX
ftr-371	126	10	be	be	AUX
ftr-371	126	11	affected	affect	VERB
ftr-371	126	12	,	,	PUNCT
ftr-371	126	13	as	as	SCONJ
ftr-371	126	14	those	those	DET
ftr-371	126	15	investments	investment	NOUN
ftr-371	126	16	would	would	AUX
ftr-371	126	17	be	be	AUX
ftr-371	126	18	discouraged	discourage	VERB
ftr-371	126	19	relative	relative	ADV
ftr-371	126	20	to	to	ADP
ftr-371	126	21	other	other	ADJ
ftr-371	126	22	investments	investment	NOUN
ftr-371	126	23	.	.	PUNCT
ftr-371	127	1	another	another	DET
ftr-371	127	2	perspective	perspective	NOUN
ftr-371	127	3	about	about	ADP
ftr-371	127	4	tax	tax	NOUN
ftr-371	127	5	policy	policy	NOUN
ftr-371	127	6	of	of	ADP
ftr-371	127	7	a	a	DET
ftr-371	127	8	particular	particular	ADJ
ftr-371	127	9	country	country	NOUN
ftr-371	127	10	is	be	AUX
ftr-371	127	11	that	that	PRON
ftr-371	127	12	of	of	ADP
ftr-371	127	13	optimality	optimality	NOUN
ftr-371	127	14	b	b	NOUN
ftr-371	127	15	what	what	PRON
ftr-371	127	16	u.s	u.s	PROPN
ftr-371	127	17	.	.	PROPN
ftr-371	127	18	tax	tax	NOUN
ftr-371	127	19	policy	policy	NOUN
ftr-371	127	20	maximizes	maximize	VERB
ftr-371	127	21	the	the	DET
ftr-371	127	22	welfare	welfare	NOUN
ftr-371	127	23	of	of	ADP
ftr-371	127	24	u.s	u.s	PROPN
ftr-371	127	25	.	.	PROPN
ftr-371	127	26	citizens	citizen	NOUN
ftr-371	127	27	.	.	PUNCT
ftr-371	128	1	this	this	DET
ftr-371	128	2	policy	policy	NOUN
ftr-371	128	3	for	for	ADP
ftr-371	128	4	outbound	outbound	ADJ
ftr-371	128	5	investment	investment	NOUN
ftr-371	128	6	is	be	AUX
ftr-371	128	7	to	to	PART
ftr-371	128	8	equate	equate	VERB
ftr-371	128	9	the	the	DET
ftr-371	128	10	return	return	NOUN
ftr-371	128	11	earned	earn	VERB
ftr-371	128	12	to	to	ADP
ftr-371	128	13	the	the	DET
ftr-371	128	14	u.s	u.s	PROPN
ftr-371	128	15	.	.	PROPN
ftr-371	128	16	in	in	ADP
ftr-371	128	17	476	476	NUM
ftr-371	129	1	florida	florida	PROPN
ftr-371	129	2	tax	tax	NOUN
ftr-371	129	3	review	review	NOUN
ftr-371	130	1	[	[	X
ftr-371	130	2	vol	vol	NOUN
ftr-371	130	3	.	.	NOUN
ftr-371	130	4	9:5	9:5	NUM
ftr-371	130	5	foreign	foreign	ADJ
ftr-371	130	6	investments	investment	NOUN
ftr-371	130	7	to	to	PART
ftr-371	130	8	that	that	PRON
ftr-371	130	9	earned	earn	VERB
ftr-371	130	10	domestically,14	domestically,14	ADV
ftr-371	130	11	a	a	DET
ftr-371	130	12	rule	rule	NOUN
ftr-371	130	13	sometimes	sometimes	ADV
ftr-371	130	14	referred	refer	VERB
ftr-371	130	15	to	to	ADP
ftr-371	130	16	as	as	ADP
ftr-371	130	17	national	national	ADJ
ftr-371	130	18	neutrality	neutrality	NOUN
ftr-371	130	19	.	.	PUNCT
ftr-371	131	1	(	(	PUNCT
ftr-371	131	2	this	this	DET
ftr-371	131	3	policy	policy	NOUN
ftr-371	131	4	only	only	ADV
ftr-371	131	5	holds	hold	VERB
ftr-371	131	6	when	when	SCONJ
ftr-371	131	7	the	the	DET
ftr-371	131	8	actions	action	NOUN
ftr-371	131	9	of	of	ADP
ftr-371	131	10	the	the	DET
ftr-371	131	11	investing	investing	NOUN
ftr-371	131	12	country	country	NOUN
ftr-371	131	13	can	can	AUX
ftr-371	131	14	not	not	PART
ftr-371	131	15	affect	affect	VERB
ftr-371	131	16	the	the	DET
ftr-371	131	17	return	return	NOUN
ftr-371	131	18	earned	earn	VERB
ftr-371	131	19	abroad	abroad	ADV
ftr-371	131	20	.	.	PUNCT
ftr-371	131	21	)	)	PUNCT
ftr-371	132	1	since	since	SCONJ
ftr-371	132	2	foreign	foreign	ADJ
ftr-371	132	3	taxes	taxis	NOUN
ftr-371	132	4	are	be	AUX
ftr-371	132	5	not	not	PART
ftr-371	132	6	received	receive	VERB
ftr-371	132	7	by	by	ADP
ftr-371	132	8	u.s	u.s	PROPN
ftr-371	132	9	.	.	PROPN
ftr-371	132	10	citizens	citizen	NOUN
ftr-371	132	11	either	either	CCONJ
ftr-371	132	12	privately	privately	ADV
ftr-371	132	13	or	or	CCONJ
ftr-371	132	14	for	for	ADP
ftr-371	132	15	their	their	PRON
ftr-371	132	16	use	use	NOUN
ftr-371	132	17	in	in	ADP
ftr-371	132	18	funding	fund	VERB
ftr-371	132	19	public	public	ADJ
ftr-371	132	20	goods	good	NOUN
ftr-371	132	21	,	,	PUNCT
ftr-371	132	22	the	the	DET
ftr-371	132	23	optimal	optimal	ADJ
ftr-371	132	24	prescription	prescription	NOUN
ftr-371	132	25	is	be	AUX
ftr-371	132	26	to	to	PART
ftr-371	132	27	allow	allow	VERB
ftr-371	132	28	only	only	ADV
ftr-371	132	29	a	a	DET
ftr-371	132	30	deduction	deduction	NOUN
ftr-371	132	31	,	,	PUNCT
ftr-371	132	32	not	not	PART
ftr-371	132	33	a	a	DET
ftr-371	132	34	credit	credit	NOUN
ftr-371	132	35	,	,	PUNCT
ftr-371	132	36	for	for	ADP
ftr-371	132	37	foreign	foreign	ADJ
ftr-371	132	38	taxes	taxis	NOUN
ftr-371	132	39	.	.	PUNCT
ftr-371	133	1	as	as	SCONJ
ftr-371	133	2	investors	investor	NOUN
ftr-371	133	3	equate	equate	VERB
ftr-371	133	4	their	their	PRON
ftr-371	133	5	after	after	ADP
ftr-371	133	6	-	-	PUNCT
ftr-371	133	7	tax	tax	NOUN
ftr-371	133	8	returns	return	NOUN
ftr-371	133	9	,	,	PUNCT
ftr-371	133	10	they	they	PRON
ftr-371	133	11	will	will	AUX
ftr-371	133	12	also	also	ADV
ftr-371	133	13	equate	equate	VERB
ftr-371	133	14	returns	return	NOUN
ftr-371	133	15	before	before	ADP
ftr-371	133	16	foreign	foreign	ADJ
ftr-371	133	17	taxes	taxis	NOUN
ftr-371	133	18	to	to	ADP
ftr-371	133	19	domestic	domestic	ADJ
ftr-371	133	20	returns	return	NOUN
ftr-371	133	21	.	.	PUNCT
ftr-371	134	1	the	the	DET
ftr-371	134	2	tax	tax	NOUN
ftr-371	134	3	rate	rate	NOUN
ftr-371	134	4	should	should	AUX
ftr-371	134	5	be	be	AUX
ftr-371	134	6	even	even	ADV
ftr-371	134	7	higher	high	ADJ
ftr-371	134	8	for	for	ADP
ftr-371	134	9	a	a	DET
ftr-371	134	10	large	large	ADJ
ftr-371	134	11	country	country	NOUN
ftr-371	134	12	which	which	PRON
ftr-371	134	13	can	can	AUX
ftr-371	134	14	influence	influence	VERB
ftr-371	134	15	with	with	ADP
ftr-371	134	16	its	its	PRON
ftr-371	134	17	on	on	ADP
ftr-371	134	18	outbound	outbound	ADJ
ftr-371	134	19	capital	capital	NOUN
ftr-371	134	20	the	the	DET
ftr-371	134	21	rate	rate	NOUN
ftr-371	134	22	of	of	ADP
ftr-371	134	23	return	return	NOUN
ftr-371	134	24	in	in	ADP
ftr-371	134	25	the	the	DET
ftr-371	134	26	rest	rest	NOUN
ftr-371	134	27	of	of	ADP
ftr-371	134	28	the	the	DET
ftr-371	134	29	world	world	NOUN
ftr-371	134	30	.	.	PUNCT
ftr-371	135	1	optimal	optimal	ADJ
ftr-371	135	2	taxation	taxation	NOUN
ftr-371	135	3	of	of	ADP
ftr-371	135	4	returns	return	NOUN
ftr-371	135	5	on	on	ADP
ftr-371	135	6	inbound	inbound	ADJ
ftr-371	135	7	investment	investment	NOUN
ftr-371	135	8	is	be	AUX
ftr-371	135	9	not	not	PART
ftr-371	135	10	necessarily	necessarily	ADV
ftr-371	135	11	related	relate	VERB
ftr-371	135	12	to	to	ADP
ftr-371	135	13	the	the	DET
ftr-371	135	14	tax	tax	NOUN
ftr-371	135	15	rate	rate	NOUN
ftr-371	135	16	on	on	ADP
ftr-371	135	17	domestic	domestic	ADJ
ftr-371	135	18	investment	investment	NOUN
ftr-371	135	19	.	.	PUNCT
ftr-371	136	1	it	it	PRON
ftr-371	136	2	depends	depend	VERB
ftr-371	136	3	on	on	ADP
ftr-371	136	4	how	how	SCONJ
ftr-371	136	5	responsive	responsive	ADJ
ftr-371	136	6	that	that	SCONJ
ftr-371	136	7	investment	investment	NOUN
ftr-371	136	8	is	be	AUX
ftr-371	136	9	to	to	ADP
ftr-371	136	10	taxes	taxis	NOUN
ftr-371	136	11	:	:	PUNCT
ftr-371	136	12	if	if	SCONJ
ftr-371	136	13	it	it	PRON
ftr-371	136	14	is	be	AUX
ftr-371	136	15	very	very	ADV
ftr-371	136	16	responsive	responsive	ADJ
ftr-371	136	17	,	,	PUNCT
ftr-371	136	18	tax	tax	NOUN
ftr-371	136	19	rates	rate	NOUN
ftr-371	136	20	should	should	AUX
ftr-371	136	21	be	be	AUX
ftr-371	136	22	lower	low	ADJ
ftr-371	136	23	and	and	CCONJ
ftr-371	136	24	if	if	SCONJ
ftr-371	136	25	it	it	PRON
ftr-371	136	26	is	be	AUX
ftr-371	136	27	not	not	PART
ftr-371	136	28	very	very	ADV
ftr-371	136	29	responsive	responsive	ADJ
ftr-371	136	30	tax	tax	NOUN
ftr-371	136	31	rates	rate	NOUN
ftr-371	136	32	should	should	AUX
ftr-371	136	33	be	be	AUX
ftr-371	136	34	higher.15	higher.15	NOUN
ftr-371	136	35	if	if	SCONJ
ftr-371	136	36	the	the	DET
ftr-371	136	37	country	country	NOUN
ftr-371	136	38	of	of	ADP
ftr-371	136	39	origin	origin	NOUN
ftr-371	136	40	imposes	impose	VERB
ftr-371	136	41	a	a	DET
ftr-371	136	42	tax	tax	NOUN
ftr-371	136	43	with	with	ADP
ftr-371	136	44	a	a	DET
ftr-371	136	45	credit	credit	NOUN
ftr-371	136	46	,	,	PUNCT
ftr-371	136	47	then	then	ADV
ftr-371	136	48	the	the	DET
ftr-371	136	49	tax	tax	NOUN
ftr-371	136	50	rate	rate	NOUN
ftr-371	136	51	should	should	AUX
ftr-371	136	52	be	be	AUX
ftr-371	136	53	at	at	ADV
ftr-371	136	54	least	least	ADJ
ftr-371	136	55	as	as	ADV
ftr-371	136	56	high	high	ADJ
ftr-371	136	57	as	as	ADP
ftr-371	136	58	that	that	DET
ftr-371	136	59	rate	rate	NOUN
ftr-371	136	60	.	.	PUNCT
ftr-371	137	1	indeed	indeed	ADV
ftr-371	137	2	,	,	PUNCT
ftr-371	137	3	that	that	PRON
ftr-371	137	4	is	be	AUX
ftr-371	137	5	a	a	DET
ftr-371	137	6	reason	reason	NOUN
ftr-371	137	7	that	that	PRON
ftr-371	137	8	worldwide	worldwide	ADV
ftr-371	137	9	developed	develop	VERB
ftr-371	137	10	country	country	NOUN
ftr-371	137	11	tax	tax	NOUN
ftr-371	137	12	regimes	regime	NOUN
ftr-371	137	13	with	with	ADP
ftr-371	137	14	a	a	DET
ftr-371	137	15	foreign	foreign	ADJ
ftr-371	137	16	tax	tax	NOUN
ftr-371	137	17	credit	credit	NOUN
ftr-371	137	18	may	may	AUX
ftr-371	137	19	be	be	AUX
ftr-371	137	20	helpful	helpful	ADJ
ftr-371	137	21	to	to	ADP
ftr-371	137	22	developing	develop	VERB
ftr-371	137	23	countries	country	NOUN
ftr-371	137	24	in	in	ADP
ftr-371	137	25	establishing	establish	VERB
ftr-371	137	26	a	a	DET
ftr-371	137	27	needed	need	VERB
ftr-371	137	28	tax	tax	NOUN
ftr-371	137	29	base	base	NOUN
ftr-371	137	30	:	:	PUNCT
ftr-371	137	31	a	a	DET
ftr-371	137	32	foreign	foreign	ADJ
ftr-371	137	33	firm	firm	NOUN
ftr-371	137	34	=	=	NOUN
ftr-371	137	35	s	s	NOUN
ftr-371	137	36	income	income	NOUN
ftr-371	137	37	can	can	AUX
ftr-371	137	38	be	be	AUX
ftr-371	137	39	taxed	tax	VERB
ftr-371	137	40	by	by	ADP
ftr-371	137	41	the	the	DET
ftr-371	137	42	host	host	NOUN
ftr-371	137	43	country	country	NOUN
ftr-371	137	44	without	without	ADP
ftr-371	137	45	actually	actually	ADV
ftr-371	137	46	increasing	increase	VERB
ftr-371	137	47	the	the	DET
ftr-371	137	48	firm	firm	NOUN
ftr-371	137	49	=	=	NOUN
ftr-371	137	50	s	s	NOUN
ftr-371	137	51	tax	tax	NOUN
ftr-371	137	52	burden	burden	NOUN
ftr-371	137	53	,	,	PUNCT
ftr-371	137	54	and	and	CCONJ
ftr-371	137	55	if	if	SCONJ
ftr-371	137	56	the	the	DET
ftr-371	137	57	country	country	NOUN
ftr-371	137	58	has	have	VERB
ftr-371	137	59	a	a	DET
ftr-371	137	60	limited	limited	ADJ
ftr-371	137	61	domestic	domestic	ADJ
ftr-371	137	62	tax	tax	NOUN
ftr-371	137	63	base	base	NOUN
ftr-371	137	64	,	,	PUNCT
ftr-371	137	65	it	it	PRON
ftr-371	137	66	would	would	AUX
ftr-371	137	67	be	be	AUX
ftr-371	137	68	desirable	desirable	ADJ
ftr-371	137	69	to	to	PART
ftr-371	137	70	impose	impose	VERB
ftr-371	137	71	a	a	DET
ftr-371	137	72	corporate	corporate	ADJ
ftr-371	137	73	tax	tax	NOUN
ftr-371	137	74	.	.	PUNCT
ftr-371	138	1	in	in	ADP
ftr-371	138	2	general	general	ADJ
ftr-371	138	3	,	,	PUNCT
ftr-371	138	4	this	this	DET
ftr-371	138	5	concept	concept	NOUN
ftr-371	138	6	of	of	ADP
ftr-371	138	7	optimizing	optimize	VERB
ftr-371	138	8	a	a	DET
ftr-371	138	9	single	single	ADJ
ftr-371	138	10	country	country	NOUN
ftr-371	138	11	=	=	SYM
ftr-371	138	12	s	s	PART
ftr-371	138	13	welfare	welfare	NOUN
ftr-371	138	14	has	have	AUX
ftr-371	138	15	not	not	PART
ftr-371	138	16	been	be	AUX
ftr-371	138	17	a	a	DET
ftr-371	138	18	very	very	ADV
ftr-371	138	19	important	important	ADJ
ftr-371	138	20	philosophy	philosophy	NOUN
ftr-371	138	21	in	in	ADP
ftr-371	138	22	the	the	DET
ftr-371	138	23	united	united	PROPN
ftr-371	138	24	states	states	PROPN
ftr-371	138	25	,	,	PUNCT
ftr-371	138	26	perhaps	perhaps	ADV
ftr-371	138	27	because	because	SCONJ
ftr-371	138	28	of	of	ADP
ftr-371	138	29	fear	fear	NOUN
ftr-371	138	30	of	of	ADP
ftr-371	138	31	retaliation	retaliation	NOUN
ftr-371	138	32	,	,	PUNCT
ftr-371	138	33	perhaps	perhaps	ADV
ftr-371	138	34	because	because	SCONJ
ftr-371	138	35	of	of	ADP
ftr-371	138	36	the	the	DET
ftr-371	138	37	notion	notion	NOUN
ftr-371	138	38	that	that	SCONJ
ftr-371	138	39	the	the	DET
ftr-371	138	40	u.s	u.s	PROPN
ftr-371	138	41	.	.	PROPN
ftr-371	138	42	should	should	AUX
ftr-371	138	43	be	be	AUX
ftr-371	138	44	a	a	DET
ftr-371	138	45	good	good	ADJ
ftr-371	138	46	citizen	citizen	NOUN
ftr-371	138	47	of	of	ADP
ftr-371	138	48	the	the	DET
ftr-371	138	49	world	world	NOUN
ftr-371	138	50	rather	rather	ADV
ftr-371	138	51	than	than	ADP
ftr-371	138	52	adopting	adopt	VERB
ftr-371	138	53	a	a	DET
ftr-371	138	54	“	"	PUNCT
ftr-371	138	55	beggar	beggar	ADJ
ftr-371	138	56	thy	thy	PRON
ftr-371	138	57	neighbor	neighbor	NOUN
ftr-371	138	58	”	"	PUNCT
ftr-371	138	59	policy	policy	NOUN
ftr-371	138	60	.	.	PUNCT
ftr-371	139	1	the	the	DET
ftr-371	139	2	analysis	analysis	NOUN
ftr-371	139	3	of	of	ADP
ftr-371	139	4	optimality	optimality	NOUN
ftr-371	139	5	does	do	VERB
ftr-371	139	6	,	,	PUNCT
ftr-371	139	7	however	however	ADV
ftr-371	139	8	,	,	PUNCT
ftr-371	139	9	suggest	suggest	VERB
ftr-371	139	10	that	that	SCONJ
ftr-371	139	11	the	the	DET
ftr-371	139	12	flaw	flaw	NOUN
ftr-371	139	13	in	in	ADP
ftr-371	139	14	a	a	DET
ftr-371	139	15	practical	practical	ADJ
ftr-371	139	16	world	world	NOUN
ftr-371	139	17	-	-	PUNCT
ftr-371	139	18	wide	wide	ADJ
ftr-371	139	19	system	system	NOUN
ftr-371	139	20	with	with	ADP
ftr-371	139	21	a	a	DET
ftr-371	139	22	foreign	foreign	ADJ
ftr-371	139	23	tax	tax	NOUN
ftr-371	139	24	credit	credit	NOUN
ftr-371	139	25	limit	limit	NOUN
ftr-371	139	26	,	,	PUNCT
ftr-371	139	27	if	if	SCONJ
ftr-371	139	28	it	it	PRON
ftr-371	139	29	tended	tend	VERB
ftr-371	139	30	toward	toward	ADP
ftr-371	139	31	imperfection	imperfection	NOUN
ftr-371	139	32	with	with	ADP
ftr-371	139	33	respect	respect	NOUN
ftr-371	139	34	to	to	ADP
ftr-371	139	35	high	high	ADJ
ftr-371	139	36	-	-	PUNCT
ftr-371	139	37	tax	tax	NOUN
ftr-371	139	38	countries	country	NOUN
ftr-371	139	39	,	,	PUNCT
ftr-371	139	40	would	would	AUX
ftr-371	139	41	simply	simply	ADV
ftr-371	139	42	move	move	VERB
ftr-371	139	43	towards	towards	ADP
ftr-371	139	44	an	an	DET
ftr-371	139	45	optimal	optimal	ADJ
ftr-371	139	46	tax	tax	NOUN
ftr-371	139	47	system.16	system.16	NOUN
ftr-371	139	48	14	14	NUM
ftr-371	139	49	.	.	PUNCT
ftr-371	140	1	this	this	DET
ftr-371	140	2	optimal	optimal	ADJ
ftr-371	140	3	rule	rule	NOUN
ftr-371	140	4	is	be	AUX
ftr-371	140	5	derived	derive	VERB
ftr-371	140	6	from	from	ADP
ftr-371	140	7	the	the	DET
ftr-371	140	8	maximization	maximization	NOUN
ftr-371	140	9	of	of	ADP
ftr-371	140	10	domestic	domestic	ADJ
ftr-371	140	11	income	income	NOUN
ftr-371	140	12	,	,	PUNCT
ftr-371	140	13	f(k)+r(1	f(k)+r(1	PROPN
ftr-371	140	14	-	-	PUNCT
ftr-371	140	15	tf)k	tf)k	NOUN
ftr-371	140	16	,	,	PUNCT
ftr-371	140	17	where	where	SCONJ
ftr-371	140	18	k	k	PROPN
ftr-371	140	19	is	be	AUX
ftr-371	140	20	outbound	outbound	ADJ
ftr-371	140	21	investment	investment	NOUN
ftr-371	140	22	,	,	PUNCT
ftr-371	140	23	r	r	NOUN
ftr-371	140	24	is	be	AUX
ftr-371	140	25	the	the	DET
ftr-371	140	26	foreign	foreign	ADJ
ftr-371	140	27	pre	pre	ADJ
ftr-371	140	28	-	-	ADJ
ftr-371	140	29	tax	tax	ADJ
ftr-371	140	30	return	return	NOUN
ftr-371	140	31	,	,	PUNCT
ftr-371	140	32	and	and	CCONJ
ftr-371	140	33	tf	tf	PROPN
ftr-371	140	34	is	be	AUX
ftr-371	140	35	the	the	DET
ftr-371	140	36	foreign	foreign	ADJ
ftr-371	140	37	tax	tax	NOUN
ftr-371	140	38	rate	rate	NOUN
ftr-371	140	39	.	.	PUNCT
ftr-371	141	1	the	the	DET
ftr-371	141	2	result	result	NOUN
ftr-371	141	3	,	,	PUNCT
ftr-371	141	4	differentiating	differentiate	VERB
ftr-371	141	5	with	with	ADP
ftr-371	141	6	respect	respect	NOUN
ftr-371	141	7	to	to	ADP
ftr-371	141	8	k	k	PROPN
ftr-371	141	9	and	and	CCONJ
ftr-371	141	10	setting	set	VERB
ftr-371	141	11	the	the	DET
ftr-371	141	12	result	result	NOUN
ftr-371	141	13	equal	equal	ADJ
ftr-371	141	14	to	to	ADP
ftr-371	141	15	zero	zero	NUM
ftr-371	141	16	is	be	AUX
ftr-371	141	17	that	that	SCONJ
ftr-371	141	18	the	the	DET
ftr-371	141	19	pre	pre	ADJ
ftr-371	141	20	-	-	ADJ
ftr-371	141	21	tax	tax	ADJ
ftr-371	141	22	return	return	NOUN
ftr-371	141	23	in	in	ADP
ftr-371	141	24	the	the	DET
ftr-371	141	25	domestic	domestic	ADJ
ftr-371	141	26	economy	economy	NOUN
ftr-371	141	27	equals	equal	VERB
ftr-371	141	28	the	the	DET
ftr-371	141	29	return	return	NOUN
ftr-371	141	30	after	after	ADP
ftr-371	141	31	foreign	foreign	ADJ
ftr-371	141	32	tax	tax	NOUN
ftr-371	141	33	in	in	ADP
ftr-371	141	34	the	the	DET
ftr-371	141	35	foreign	foreign	ADJ
ftr-371	141	36	jurisdiction	jurisdiction	NOUN
ftr-371	141	37	.	.	PUNCT
ftr-371	142	1	this	this	DET
ftr-371	142	2	outcome	outcome	NOUN
ftr-371	142	3	would	would	AUX
ftr-371	142	4	be	be	AUX
ftr-371	142	5	different	different	ADJ
ftr-371	142	6	if	if	SCONJ
ftr-371	142	7	the	the	DET
ftr-371	142	8	outbound	outbound	ADJ
ftr-371	142	9	investment	investment	NOUN
ftr-371	142	10	could	could	AUX
ftr-371	142	11	affect	affect	VERB
ftr-371	142	12	the	the	DET
ftr-371	142	13	pre	pre	ADJ
ftr-371	142	14	-	-	ADJ
ftr-371	142	15	tax	tax	ADJ
ftr-371	142	16	return	return	NOUN
ftr-371	142	17	in	in	ADP
ftr-371	142	18	the	the	DET
ftr-371	142	19	foreign	foreign	ADJ
ftr-371	142	20	jurisdiction	jurisdiction	NOUN
ftr-371	142	21	:	:	PUNCT
ftr-371	142	22	in	in	ADP
ftr-371	142	23	this	this	DET
ftr-371	142	24	case	case	NOUN
ftr-371	142	25	,	,	PUNCT
ftr-371	142	26	the	the	DET
ftr-371	142	27	tax	tax	NOUN
ftr-371	142	28	rate	rate	NOUN
ftr-371	142	29	should	should	AUX
ftr-371	142	30	be	be	AUX
ftr-371	142	31	higher	high	ADJ
ftr-371	142	32	to	to	PART
ftr-371	142	33	discourage	discourage	VERB
ftr-371	142	34	outbound	outbound	ADJ
ftr-371	142	35	investment	investment	NOUN
ftr-371	142	36	and	and	CCONJ
ftr-371	142	37	increase	increase	VERB
ftr-371	142	38	the	the	DET
ftr-371	142	39	pre	pre	ADJ
ftr-371	142	40	-	-	ADJ
ftr-371	142	41	tax	tax	ADJ
ftr-371	142	42	return	return	NOUN
ftr-371	142	43	earned	earn	VERB
ftr-371	142	44	in	in	ADP
ftr-371	142	45	the	the	DET
ftr-371	142	46	foreign	foreign	ADJ
ftr-371	142	47	jurisdiction	jurisdiction	NOUN
ftr-371	142	48	.	.	PUNCT
ftr-371	143	1	15	15	X
ftr-371	143	2	.	.	PUNCT
ftr-371	143	3	using	use	VERB
ftr-371	143	4	a	a	DET
ftr-371	143	5	demand	demand	NOUN
ftr-371	143	6	elasticity	elasticity	NOUN
ftr-371	143	7	,	,	PUNCT
ftr-371	143	8	the	the	DET
ftr-371	143	9	optimal	optimal	ADJ
ftr-371	143	10	tax	tax	NOUN
ftr-371	143	11	is	be	AUX
ftr-371	143	12	1/(1+e	1/(1+e	NUM
ftr-371	143	13	)	)	PUNCT
ftr-371	143	14	where	where	SCONJ
ftr-371	143	15	e	e	NOUN
ftr-371	143	16	is	be	AUX
ftr-371	143	17	the	the	DET
ftr-371	143	18	elasticity	elasticity	NOUN
ftr-371	143	19	of	of	ADP
ftr-371	143	20	inbound	inbound	ADJ
ftr-371	143	21	investment	investment	NOUN
ftr-371	143	22	with	with	ADP
ftr-371	143	23	respect	respect	NOUN
ftr-371	143	24	to	to	ADP
ftr-371	143	25	the	the	DET
ftr-371	143	26	after	after	ADP
ftr-371	143	27	-	-	PUNCT
ftr-371	143	28	tax	tax	NOUN
ftr-371	143	29	return	return	NOUN
ftr-371	143	30	.	.	PUNCT
ftr-371	144	1	maximizing	maximize	VERB
ftr-371	144	2	f(k	f(k	NOUN
ftr-371	144	3	)	)	PUNCT
ftr-371	144	4	-r(1	-r(1	NOUN
ftr-371	144	5	-	-	PUNCT
ftr-371	144	6	t)k	t)k	ADJ
ftr-371	144	7	with	with	ADP
ftr-371	144	8	respect	respect	NOUN
ftr-371	144	9	to	to	ADP
ftr-371	144	10	t	t	PROPN
ftr-371	144	11	,	,	PUNCT
ftr-371	144	12	and	and	CCONJ
ftr-371	144	13	recognizing	recognize	VERB
ftr-371	144	14	that	that	SCONJ
ftr-371	144	15	r	r	NOUN
ftr-371	144	16	and	and	CCONJ
ftr-371	144	17	k	k	PROPN
ftr-371	144	18	are	be	AUX
ftr-371	144	19	functions	function	NOUN
ftr-371	144	20	of	of	ADP
ftr-371	144	21	t	t	PROPN
ftr-371	144	22	,	,	PUNCT
ftr-371	144	23	and	and	CCONJ
ftr-371	144	24	r	r	NOUN
ftr-371	144	25	is	be	AUX
ftr-371	144	26	the	the	DET
ftr-371	144	27	marginal	marginal	ADJ
ftr-371	144	28	product	product	NOUN
ftr-371	144	29	of	of	ADP
ftr-371	144	30	capital	capital	NOUN
ftr-371	144	31	yields	yield	NOUN
ftr-371	144	32	this	this	DET
ftr-371	144	33	result	result	NOUN
ftr-371	144	34	.	.	PUNCT
ftr-371	145	1	when	when	SCONJ
ftr-371	145	2	inbound	inbound	ADJ
ftr-371	145	3	capital	capital	NOUN
ftr-371	145	4	is	be	AUX
ftr-371	145	5	very	very	ADV
ftr-371	145	6	elastic	elastic	ADJ
ftr-371	145	7	,	,	PUNCT
ftr-371	145	8	the	the	DET
ftr-371	145	9	tax	tax	NOUN
ftr-371	145	10	rate	rate	NOUN
ftr-371	145	11	is	be	AUX
ftr-371	145	12	close	close	ADJ
ftr-371	145	13	to	to	ADP
ftr-371	145	14	zero	zero	NUM
ftr-371	145	15	while	while	SCONJ
ftr-371	145	16	as	as	SCONJ
ftr-371	145	17	it	it	PRON
ftr-371	145	18	becomes	become	VERB
ftr-371	145	19	very	very	ADV
ftr-371	145	20	inelastic	inelastic	ADJ
ftr-371	145	21	,	,	PUNCT
ftr-371	145	22	the	the	DET
ftr-371	145	23	tax	tax	NOUN
ftr-371	145	24	rate	rate	NOUN
ftr-371	145	25	rises	rise	VERB
ftr-371	145	26	towards	towards	ADP
ftr-371	145	27	100	100	NUM
ftr-371	145	28	%	%	NOUN
ftr-371	145	29	.	.	PUNCT
ftr-371	146	1	16	16	NUM
ftr-371	146	2	.	.	PUNCT
ftr-371	147	1	note	note	VERB
ftr-371	147	2	that	that	SCONJ
ftr-371	147	3	in	in	ADP
ftr-371	147	4	almost	almost	ADV
ftr-371	147	5	all	all	PRON
ftr-371	147	6	of	of	ADP
ftr-371	147	7	the	the	DET
ftr-371	147	8	discussion	discussion	NOUN
ftr-371	147	9	about	about	ADP
ftr-371	147	10	international	international	ADJ
ftr-371	147	11	tax	tax	NOUN
ftr-371	147	12	issues	issue	NOUN
ftr-371	147	13	,	,	PUNCT
ftr-371	147	14	little	little	ADJ
ftr-371	147	15	attention	attention	NOUN
ftr-371	147	16	has	have	AUX
ftr-371	147	17	been	be	AUX
ftr-371	147	18	directed	direct	VERB
ftr-371	147	19	toward	toward	ADP
ftr-371	147	20	the	the	DET
ftr-371	147	21	effects	effect	NOUN
ftr-371	147	22	of	of	ADP
ftr-371	147	23	risk	risk	NOUN
ftr-371	147	24	.	.	PUNCT
ftr-371	148	1	in	in	ADP
ftr-371	148	2	a	a	DET
ftr-371	148	3	standard	standard	ADJ
ftr-371	148	4	analysis	analysis	NOUN
ftr-371	148	5	of	of	ADP
ftr-371	148	6	risk	risk	NOUN
ftr-371	148	7	,	,	PUNCT
ftr-371	148	8	if	if	SCONJ
ftr-371	148	9	taxes	taxis	NOUN
ftr-371	148	10	are	be	AUX
ftr-371	148	11	proportional	proportional	ADJ
ftr-371	148	12	and	and	CCONJ
ftr-371	148	13	full	full	ADJ
ftr-371	148	14	loss	loss	NOUN
ftr-371	148	15	offset	offset	NOUN
ftr-371	148	16	is	be	AUX
ftr-371	148	17	allowed	allow	VERB
ftr-371	148	18	,	,	PUNCT
ftr-371	148	19	and	and	CCONJ
ftr-371	148	20	if	if	SCONJ
ftr-371	148	21	the	the	DET
ftr-371	148	22	riskless	riskless	NOUN
ftr-371	148	23	rate	rate	NOUN
ftr-371	148	24	is	be	AUX
ftr-371	148	25	zero	zero	NUM
ftr-371	148	26	,	,	PUNCT
ftr-371	148	27	there	there	PRON
ftr-371	148	28	is	be	VERB
ftr-371	148	29	no	no	DET
ftr-371	148	30	burden	burden	NOUN
ftr-371	148	31	of	of	ADP
ftr-371	148	32	the	the	DET
ftr-371	148	33	tax	tax	NOUN
ftr-371	148	34	at	at	ADV
ftr-371	148	35	all	all	ADV
ftr-371	148	36	and	and	CCONJ
ftr-371	148	37	the	the	DET
ftr-371	148	38	investor	investor	NOUN
ftr-371	148	39	can	can	AUX
ftr-371	148	40	restore	restore	VERB
ftr-371	148	41	the	the	DET
ftr-371	148	42	original	original	ADJ
ftr-371	148	43	risk	risk	NOUN
ftr-371	148	44	and	and	CCONJ
ftr-371	148	45	variance	variance	NOUN
ftr-371	148	46	by	by	ADP
ftr-371	148	47	expanding	expand	VERB
ftr-371	148	48	the	the	DET
ftr-371	148	49	share	share	NOUN
ftr-371	148	50	of	of	ADP
ftr-371	148	51	risky	risky	ADJ
ftr-371	148	52	assets	asset	NOUN
ftr-371	148	53	.	.	PUNCT
ftr-371	149	1	indeed	indeed	ADV
ftr-371	149	2	,	,	PUNCT
ftr-371	149	3	a	a	DET
ftr-371	149	4	high	high	ADJ
ftr-371	149	5	tax	tax	NOUN
ftr-371	149	6	rate	rate	NOUN
ftr-371	149	7	can	can	AUX
ftr-371	149	8	be	be	AUX
ftr-371	149	9	beneficial	beneficial	ADJ
ftr-371	149	10	as	as	SCONJ
ftr-371	149	11	it	it	PRON
ftr-371	149	12	shifts	shift	NOUN
ftr-371	149	13	risk	risk	VERB
ftr-371	149	14	and	and	CCONJ
ftr-371	149	15	return	return	VERB
ftr-371	149	16	to	to	ADP
ftr-371	149	17	the	the	DET
ftr-371	149	18	government	government	NOUN
ftr-371	149	19	,	,	PUNCT
ftr-371	149	20	which	which	PRON
ftr-371	149	21	is	be	AUX
ftr-371	149	22	able	able	ADJ
ftr-371	149	23	to	to	PART
ftr-371	149	24	spread	spread	VERB
ftr-371	149	25	risk	risk	NOUN
ftr-371	149	26	more	more	ADV
ftr-371	149	27	efficiently	efficiently	ADV
ftr-371	149	28	2009	2009	NUM
ftr-371	149	29	]	]	PUNCT
ftr-371	149	30	international	international	ADJ
ftr-371	149	31	corporate	corporate	ADJ
ftr-371	149	32	tax	tax	NOUN
ftr-371	149	33	reform	reform	NOUN
ftr-371	149	34	477	477	NUM
ftr-371	149	35	in	in	ADP
ftr-371	149	36	neither	neither	CCONJ
ftr-371	149	37	the	the	DET
ftr-371	149	38	efficient	efficient	ADJ
ftr-371	149	39	nor	nor	CCONJ
ftr-371	149	40	the	the	DET
ftr-371	149	41	optimal	optimal	ADJ
ftr-371	149	42	system	system	NOUN
ftr-371	149	43	is	be	AUX
ftr-371	149	44	there	there	PRON
ftr-371	149	45	a	a	DET
ftr-371	149	46	justification	justification	NOUN
ftr-371	149	47	for	for	ADP
ftr-371	149	48	territorial	territorial	ADJ
ftr-371	149	49	,	,	PUNCT
ftr-371	149	50	or	or	CCONJ
ftr-371	149	51	source	source	NOUN
ftr-371	149	52	-	-	PUNCT
ftr-371	149	53	based	base	VERB
ftr-371	149	54	taxes	taxis	NOUN
ftr-371	149	55	.	.	PUNCT
ftr-371	150	1	a	a	DET
ftr-371	150	2	territorial	territorial	ADJ
ftr-371	150	3	system	system	NOUN
ftr-371	150	4	does	do	AUX
ftr-371	150	5	not	not	PART
ftr-371	150	6	achieve	achieve	VERB
ftr-371	150	7	efficiency	efficiency	NOUN
ftr-371	150	8	because	because	SCONJ
ftr-371	150	9	after	after	ADP
ftr-371	150	10	-	-	PUNCT
ftr-371	150	11	tax	tax	NOUN
ftr-371	150	12	returns	return	NOUN
ftr-371	150	13	are	be	AUX
ftr-371	150	14	initially	initially	ADV
ftr-371	150	15	higher	high	ADJ
ftr-371	150	16	in	in	ADP
ftr-371	150	17	low	low	ADJ
ftr-371	150	18	-	-	PUNCT
ftr-371	150	19	tax	tax	NOUN
ftr-371	150	20	countries	country	NOUN
ftr-371	150	21	.	.	PUNCT
ftr-371	151	1	in	in	ADP
ftr-371	151	2	the	the	DET
ftr-371	151	3	example	example	NOUN
ftr-371	151	4	above	above	ADV
ftr-371	151	5	,	,	PUNCT
ftr-371	151	6	and	and	CCONJ
ftr-371	151	7	supposing	suppose	VERB
ftr-371	151	8	a	a	DET
ftr-371	151	9	third	third	ADJ
ftr-371	151	10	0	0	NUM
ftr-371	151	11	%	%	NOUN
ftr-371	151	12	tax	tax	NOUN
ftr-371	151	13	country	country	NOUN
ftr-371	151	14	were	be	AUX
ftr-371	151	15	added	add	VERB
ftr-371	151	16	,	,	PUNCT
ftr-371	151	17	all	all	DET
ftr-371	151	18	companies	company	NOUN
ftr-371	151	19	would	would	AUX
ftr-371	151	20	earn	earn	VERB
ftr-371	151	21	a	a	DET
ftr-371	151	22	5	5	NUM
ftr-371	151	23	%	%	NOUN
ftr-371	151	24	return	return	NOUN
ftr-371	151	25	in	in	ADP
ftr-371	151	26	the	the	DET
ftr-371	151	27	50	50	NUM
ftr-371	151	28	%	%	NOUN
ftr-371	151	29	tax	tax	NOUN
ftr-371	151	30	rate	rate	NOUN
ftr-371	151	31	country	country	NOUN
ftr-371	151	32	,	,	PUNCT
ftr-371	151	33	a	a	DET
ftr-371	151	34	7.5	7.5	NUM
ftr-371	151	35	%	%	NOUN
ftr-371	151	36	return	return	NOUN
ftr-371	151	37	in	in	ADP
ftr-371	151	38	the	the	DET
ftr-371	151	39	25	25	NUM
ftr-371	151	40	%	%	NOUN
ftr-371	151	41	tax	tax	NOUN
ftr-371	151	42	rate	rate	NOUN
ftr-371	151	43	country	country	NOUN
ftr-371	151	44	,	,	PUNCT
ftr-371	151	45	and	and	CCONJ
ftr-371	151	46	a	a	DET
ftr-371	151	47	10	10	NUM
ftr-371	151	48	%	%	NOUN
ftr-371	151	49	return	return	NOUN
ftr-371	151	50	in	in	ADP
ftr-371	151	51	the	the	DET
ftr-371	151	52	0	0	NUM
ftr-371	151	53	%	%	NOUN
ftr-371	151	54	country	country	NOUN
ftr-371	151	55	.	.	PUNCT
ftr-371	152	1	this	this	DET
ftr-371	152	2	discrepancy	discrepancy	NOUN
ftr-371	152	3	would	would	AUX
ftr-371	152	4	cause	cause	VERB
ftr-371	152	5	capital	capital	NOUN
ftr-371	152	6	to	to	PART
ftr-371	152	7	flow	flow	VERB
ftr-371	152	8	out	out	ADP
ftr-371	152	9	of	of	ADP
ftr-371	152	10	the	the	DET
ftr-371	152	11	high	high	ADJ
ftr-371	152	12	-	-	PUNCT
ftr-371	152	13	tax	tax	NOUN
ftr-371	152	14	(	(	PUNCT
ftr-371	152	15	50	50	NUM
ftr-371	152	16	%	%	NOUN
ftr-371	152	17	)	)	PUNCT
ftr-371	152	18	jurisdiction	jurisdiction	NOUN
ftr-371	152	19	and	and	CCONJ
ftr-371	152	20	into	into	ADP
ftr-371	152	21	the	the	DET
ftr-371	152	22	0	0	NUM
ftr-371	152	23	%	%	NOUN
ftr-371	152	24	low	low	ADJ
ftr-371	152	25	-	-	PUNCT
ftr-371	152	26	tax	tax	NOUN
ftr-371	152	27	jurisdiction	jurisdiction	NOUN
ftr-371	152	28	(	(	PUNCT
ftr-371	152	29	with	with	ADP
ftr-371	152	30	the	the	DET
ftr-371	152	31	effect	effect	NOUN
ftr-371	152	32	on	on	ADP
ftr-371	152	33	the	the	DET
ftr-371	152	34	25	25	NUM
ftr-371	152	35	%	%	NOUN
ftr-371	152	36	jurisdiction	jurisdiction	NOUN
ftr-371	152	37	unclear	unclear	ADJ
ftr-371	152	38	)	)	PUNCT
ftr-371	152	39	.	.	PUNCT
ftr-371	153	1	capital	capital	NOUN
ftr-371	153	2	would	would	AUX
ftr-371	153	3	be	be	AUX
ftr-371	153	4	mis	mi	NOUN
ftr-371	153	5	-	-	PUNCT
ftr-371	153	6	allocated	allocate	VERB
ftr-371	153	7	and	and	CCONJ
ftr-371	153	8	production	production	NOUN
ftr-371	153	9	would	would	AUX
ftr-371	153	10	be	be	AUX
ftr-371	153	11	inefficient	inefficient	ADJ
ftr-371	153	12	.	.	PUNCT
ftr-371	154	1	despite	despite	SCONJ
ftr-371	154	2	the	the	DET
ftr-371	154	3	term	term	NOUN
ftr-371	154	4	applied	apply	VERB
ftr-371	154	5	to	to	ADP
ftr-371	154	6	such	such	DET
ftr-371	154	7	a	a	DET
ftr-371	154	8	system	system	NOUN
ftr-371	154	9	,	,	PUNCT
ftr-371	154	10	capital	capital	NOUN
ftr-371	154	11	import	import	NOUN
ftr-371	154	12	neutrality	neutrality	NOUN
ftr-371	154	13	,	,	PUNCT
ftr-371	154	14	there	there	PRON
ftr-371	154	15	is	be	VERB
ftr-371	154	16	no	no	DET
ftr-371	154	17	neutrality	neutrality	NOUN
ftr-371	154	18	in	in	ADP
ftr-371	154	19	this	this	DET
ftr-371	154	20	system	system	NOUN
ftr-371	154	21	,	,	PUNCT
ftr-371	154	22	but	but	CCONJ
ftr-371	154	23	rather	rather	ADV
ftr-371	154	24	a	a	DET
ftr-371	154	25	distortion	distortion	NOUN
ftr-371	154	26	in	in	ADP
ftr-371	154	27	the	the	DET
ftr-371	154	28	allocation	allocation	NOUN
ftr-371	154	29	of	of	ADP
ftr-371	154	30	capital	capital	NOUN
ftr-371	154	31	.	.	PUNCT
ftr-371	155	1	why	why	SCONJ
ftr-371	155	2	then	then	ADV
ftr-371	155	3	,	,	PUNCT
ftr-371	155	4	in	in	ADP
ftr-371	155	5	light	light	NOUN
ftr-371	155	6	of	of	ADP
ftr-371	155	7	these	these	DET
ftr-371	155	8	observations	observation	NOUN
ftr-371	155	9	,	,	PUNCT
ftr-371	155	10	is	be	AUX
ftr-371	155	11	there	there	PRON
ftr-371	155	12	much	much	ADJ
ftr-371	155	13	support	support	NOUN
ftr-371	155	14	for	for	ADP
ftr-371	155	15	a	a	DET
ftr-371	155	16	territorial	territorial	ADJ
ftr-371	155	17	system	system	NOUN
ftr-371	155	18	?	?	PUNCT
ftr-371	156	1	virtually	virtually	ADV
ftr-371	156	2	every	every	DET
ftr-371	156	3	country	country	NOUN
ftr-371	156	4	(	(	PUNCT
ftr-371	156	5	and	and	CCONJ
ftr-371	156	6	every	every	DET
ftr-371	156	7	one	one	NOUN
ftr-371	156	8	with	with	ADP
ftr-371	156	9	a	a	DET
ftr-371	156	10	sophisticated	sophisticated	ADJ
ftr-371	156	11	tax	tax	NOUN
ftr-371	156	12	system	system	NOUN
ftr-371	156	13	)	)	PUNCT
ftr-371	156	14	either	either	CCONJ
ftr-371	156	15	has	have	VERB
ftr-371	156	16	such	such	DET
ftr-371	156	17	a	a	DET
ftr-371	156	18	system	system	NOUN
ftr-371	156	19	,	,	PUNCT
ftr-371	156	20	or	or	CCONJ
ftr-371	156	21	has	have	VERB
ftr-371	156	22	a	a	DET
ftr-371	156	23	close	close	ADJ
ftr-371	156	24	approximation	approximation	NOUN
ftr-371	156	25	to	to	ADP
ftr-371	156	26	it	it	PRON
ftr-371	156	27	through	through	ADP
ftr-371	156	28	a	a	DET
ftr-371	156	29	deferral	deferral	ADJ
ftr-371	156	30	and	and	CCONJ
ftr-371	156	31	credit	credit	NOUN
ftr-371	156	32	system	system	NOUN
ftr-371	156	33	that	that	PRON
ftr-371	156	34	leads	lead	VERB
ftr-371	156	35	to	to	ADP
ftr-371	156	36	little	little	ADJ
ftr-371	156	37	tax	tax	NOUN
ftr-371	156	38	collected	collect	VERB
ftr-371	156	39	on	on	ADP
ftr-371	156	40	foreign	foreign	ADJ
ftr-371	156	41	income	income	NOUN
ftr-371	156	42	.	.	PUNCT
ftr-371	157	1	the	the	DET
ftr-371	157	2	simplest	simple	ADJ
ftr-371	157	3	explanation	explanation	NOUN
ftr-371	157	4	is	be	AUX
ftr-371	157	5	that	that	SCONJ
ftr-371	157	6	the	the	DET
ftr-371	157	7	original	original	ADJ
ftr-371	157	8	rules	rule	NOUN
ftr-371	157	9	were	be	AUX
ftr-371	157	10	formulated	formulate	VERB
ftr-371	157	11	based	base	VERB
ftr-371	157	12	on	on	ADP
ftr-371	157	13	legal	legal	ADJ
ftr-371	157	14	concepts	concept	NOUN
ftr-371	157	15	of	of	ADP
ftr-371	157	16	what	what	PRON
ftr-371	157	17	income	income	NOUN
ftr-371	157	18	was	be	AUX
ftr-371	157	19	appropriate	appropriate	ADJ
ftr-371	157	20	to	to	ADP
ftr-371	157	21	tax	tax	NOUN
ftr-371	157	22	,	,	PUNCT
ftr-371	157	23	and	and	CCONJ
ftr-371	157	24	that	that	DET
ftr-371	157	25	inertia	inertia	NOUN
ftr-371	157	26	,	,	PUNCT
ftr-371	157	27	the	the	DET
ftr-371	157	28	political	political	ADJ
ftr-371	157	29	influence	influence	NOUN
ftr-371	157	30	of	of	ADP
ftr-371	157	31	multinational	multinational	ADJ
ftr-371	157	32	corporations	corporation	NOUN
ftr-371	157	33	and	and	CCONJ
ftr-371	157	34	the	the	DET
ftr-371	157	35	simplifications	simplification	NOUN
ftr-371	157	36	of	of	ADP
ftr-371	157	37	a	a	DET
ftr-371	157	38	territorial	territorial	ADJ
ftr-371	157	39	tax	tax	NOUN
ftr-371	157	40	(	(	PUNCT
ftr-371	157	41	if	if	SCONJ
ftr-371	157	42	abuses	abuse	NOUN
ftr-371	157	43	are	be	AUX
ftr-371	157	44	not	not	PART
ftr-371	157	45	vigorously	vigorously	ADV
ftr-371	157	46	monitored	monitor	VERB
ftr-371	157	47	)	)	PUNCT
ftr-371	157	48	led	lead	VERB
ftr-371	157	49	to	to	ADP
ftr-371	157	50	the	the	DET
ftr-371	157	51	system	system	NOUN
ftr-371	157	52	common	common	ADJ
ftr-371	157	53	around	around	ADP
ftr-371	157	54	the	the	DET
ftr-371	157	55	world	world	NOUN
ftr-371	157	56	today	today	NOUN
ftr-371	157	57	.	.	PUNCT
ftr-371	158	1	indeed	indeed	ADV
ftr-371	158	2	even	even	ADV
ftr-371	158	3	today	today	NOUN
ftr-371	158	4	,	,	PUNCT
ftr-371	158	5	there	there	PRON
ftr-371	158	6	is	be	VERB
ftr-371	158	7	pressure	pressure	NOUN
ftr-371	158	8	to	to	PART
ftr-371	158	9	move	move	VERB
ftr-371	158	10	to	to	ADP
ftr-371	158	11	a	a	DET
ftr-371	158	12	territorial	territorial	ADJ
ftr-371	158	13	tax.17	tax.17	ADJ
ftr-371	158	14	kleinbard	kleinbard	NOUN
ftr-371	158	15	discusses	discuss	VERB
ftr-371	158	16	three	three	NUM
ftr-371	158	17	reasons	reason	NOUN
ftr-371	158	18	that	that	PRON
ftr-371	158	19	are	be	AUX
ftr-371	158	20	advanced	advanced	ADJ
ftr-371	158	21	for	for	ADP
ftr-371	158	22	moving	move	VERB
ftr-371	158	23	to	to	ADP
ftr-371	158	24	a	a	DET
ftr-371	158	25	territorial	territorial	ADJ
ftr-371	158	26	system	system	NOUN
ftr-371	158	27	:	:	PUNCT
ftr-371	158	28	to	to	PART
ftr-371	158	29	improve	improve	VERB
ftr-371	158	30	international	international	ADJ
ftr-371	158	31	competitiveness	competitiveness	NOUN
ftr-371	158	32	,	,	PUNCT
ftr-371	158	33	to	to	PART
ftr-371	158	34	encourage	encourage	VERB
ftr-371	158	35	repatriation	repatriation	NOUN
ftr-371	158	36	,	,	PUNCT
ftr-371	158	37	and	and	CCONJ
ftr-371	158	38	to	to	ADP
ftr-371	158	39	simplify.18	simplify.18	PROPN
ftr-371	158	40	the	the	DET
ftr-371	158	41	first	first	ADJ
ftr-371	158	42	reason	reason	NOUN
ftr-371	158	43	,	,	PUNCT
ftr-371	158	44	as	as	SCONJ
ftr-371	158	45	demonstrated	demonstrate	VERB
ftr-371	158	46	above	above	ADV
ftr-371	158	47	,	,	PUNCT
ftr-371	158	48	is	be	AUX
ftr-371	158	49	the	the	DET
ftr-371	158	50	result	result	NOUN
ftr-371	158	51	of	of	ADP
ftr-371	158	52	a	a	DET
ftr-371	158	53	(	(	PUNCT
ftr-371	158	54	perhaps	perhaps	ADV
ftr-371	158	55	willful	willful	ADJ
ftr-371	158	56	in	in	ADP
ftr-371	158	57	some	some	DET
ftr-371	158	58	cases	case	NOUN
ftr-371	158	59	)	)	PUNCT
ftr-371	158	60	misunderstanding	misunderstanding	NOUN
ftr-371	158	61	of	of	ADP
ftr-371	158	62	the	the	DET
ftr-371	158	63	basics	basic	NOUN
ftr-371	158	64	of	of	ADP
ftr-371	158	65	economics	economic	NOUN
ftr-371	158	66	.	.	PUNCT
ftr-371	159	1	the	the	DET
ftr-371	159	2	second	second	ADJ
ftr-371	159	3	reason	reason	NOUN
ftr-371	159	4	is	be	AUX
ftr-371	159	5	possibly	possibly	ADV
ftr-371	159	6	a	a	DET
ftr-371	159	7	legitimate	legitimate	ADJ
ftr-371	159	8	reason	reason	NOUN
ftr-371	159	9	,	,	PUNCT
ftr-371	159	10	but	but	CCONJ
ftr-371	159	11	the	the	DET
ftr-371	159	12	disincentive	disincentive	ADJ
ftr-371	159	13	to	to	PART
ftr-371	159	14	repatriate	repatriate	VERB
ftr-371	159	15	could	could	AUX
ftr-371	159	16	also	also	ADV
ftr-371	159	17	be	be	AUX
ftr-371	159	18	eliminated	eliminate	VERB
ftr-371	159	19	by	by	ADP
ftr-371	159	20	moving	move	VERB
ftr-371	159	21	in	in	ADP
ftr-371	159	22	the	the	DET
ftr-371	159	23	opposite	opposite	ADJ
ftr-371	159	24	direction	direction	NOUN
ftr-371	159	25	,	,	PUNCT
ftr-371	159	26	ending	end	VERB
ftr-371	159	27	deferral	deferral	NOUN
ftr-371	159	28	,	,	PUNCT
ftr-371	159	29	which	which	PRON
ftr-371	159	30	appears	appear	VERB
ftr-371	159	31	more	more	ADV
ftr-371	159	32	consistent	consistent	ADJ
ftr-371	159	33	with	with	ADP
ftr-371	159	34	both	both	CCONJ
ftr-371	159	35	economic	economic	ADJ
ftr-371	159	36	efficiency	efficiency	NOUN
ftr-371	159	37	and	and	CCONJ
ftr-371	159	38	optimality	optimality	NOUN
ftr-371	159	39	.	.	PUNCT
ftr-371	160	1	kleinbard	kleinbard	PROPN
ftr-371	160	2	disagrees	disagree	NOUN
ftr-371	160	3	particularly	particularly	ADV
ftr-371	160	4	with	with	ADP
ftr-371	160	5	the	the	DET
ftr-371	160	6	argument	argument	NOUN
ftr-371	160	7	that	that	SCONJ
ftr-371	160	8	tax	tax	NOUN
ftr-371	160	9	administration	administration	NOUN
ftr-371	160	10	and	and	CCONJ
ftr-371	160	11	compliance	compliance	NOUN
ftr-371	160	12	would	would	AUX
ftr-371	160	13	be	be	AUX
ftr-371	160	14	simplified	simplify	VERB
ftr-371	160	15	,	,	PUNCT
ftr-371	160	16	as	as	SCONJ
ftr-371	160	17	there	there	PRON
ftr-371	160	18	are	be	VERB
ftr-371	160	19	increased	increase	VERB
ftr-371	160	20	(	(	PUNCT
ftr-371	160	21	especially	especially	ADV
ftr-371	160	22	across	across	ADP
ftr-371	160	23	generations	generation	NOUN
ftr-371	160	24	)	)	PUNCT
ftr-371	160	25	.	.	PUNCT
ftr-371	161	1	since	since	SCONJ
ftr-371	161	2	corporate	corporate	ADJ
ftr-371	161	3	taxes	taxis	NOUN
ftr-371	161	4	tend	tend	VERB
ftr-371	161	5	to	to	PART
ftr-371	161	6	be	be	AUX
ftr-371	161	7	proportional	proportional	ADJ
ftr-371	161	8	,	,	PUNCT
ftr-371	161	9	risk	risk	NOUN
ftr-371	161	10	premiums	premium	NOUN
ftr-371	161	11	are	be	AUX
ftr-371	161	12	large	large	ADJ
ftr-371	161	13	relative	relative	ADJ
ftr-371	161	14	to	to	ADP
ftr-371	161	15	risky	risky	ADJ
ftr-371	161	16	returns	return	NOUN
ftr-371	161	17	,	,	PUNCT
ftr-371	161	18	and	and	CCONJ
ftr-371	161	19	there	there	PRON
ftr-371	161	20	is	be	VERB
ftr-371	161	21	scope	scope	NOUN
ftr-371	161	22	for	for	ADP
ftr-371	161	23	offsetting	offset	VERB
ftr-371	161	24	losses	loss	NOUN
ftr-371	161	25	(	(	PUNCT
ftr-371	161	26	through	through	ADP
ftr-371	161	27	diversification	diversification	NOUN
ftr-371	161	28	and	and	CCONJ
ftr-371	161	29	loss	loss	NOUN
ftr-371	161	30	carrybacks	carryback	NOUN
ftr-371	161	31	and	and	CCONJ
ftr-371	161	32	carryforwards	carryforward	NOUN
ftr-371	161	33	)	)	PUNCT
ftr-371	161	34	an	an	DET
ftr-371	161	35	argument	argument	NOUN
ftr-371	161	36	can	can	AUX
ftr-371	161	37	be	be	AUX
ftr-371	161	38	made	make	VERB
ftr-371	161	39	that	that	SCONJ
ftr-371	161	40	the	the	DET
ftr-371	161	41	burden	burden	NOUN
ftr-371	161	42	of	of	ADP
ftr-371	161	43	the	the	DET
ftr-371	161	44	tax	tax	NOUN
ftr-371	161	45	is	be	AUX
ftr-371	161	46	limited	limit	VERB
ftr-371	161	47	and	and	CCONJ
ftr-371	161	48	that	that	SCONJ
ftr-371	161	49	the	the	DET
ftr-371	161	50	main	main	ADJ
ftr-371	161	51	effect	effect	NOUN
ftr-371	161	52	of	of	ADP
ftr-371	161	53	the	the	DET
ftr-371	161	54	tax	tax	NOUN
ftr-371	161	55	is	be	AUX
ftr-371	161	56	to	to	PART
ftr-371	161	57	reallocate	reallocate	VERB
ftr-371	161	58	risk	risk	NOUN
ftr-371	161	59	.	.	PUNCT
ftr-371	162	1	see	see	VERB
ftr-371	162	2	roger	roger	PROPN
ftr-371	162	3	h.	h.	PROPN
ftr-371	162	4	gordon	gordon	PROPN
ftr-371	162	5	,	,	PUNCT
ftr-371	162	6	(	(	PUNCT
ftr-371	162	7	1985	1985	NUM
ftr-371	162	8	)	)	PUNCT
ftr-371	162	9	,	,	PUNCT
ftr-371	162	10	>	>	PUNCT
ftr-371	162	11	taxation	taxation	NOUN
ftr-371	162	12	of	of	ADP
ftr-371	162	13	corporate	corporate	ADJ
ftr-371	162	14	capital	capital	NOUN
ftr-371	162	15	income	income	NOUN
ftr-371	162	16	:	:	PUNCT
ftr-371	162	17	tax	tax	NOUN
ftr-371	162	18	revenues	revenue	NOUN
ftr-371	162	19	versus	versus	ADP
ftr-371	162	20	tax	tax	NOUN
ftr-371	162	21	distortions,=	distortions,=	PROPN
ftr-371	162	22	quarterly	quarterly	PROPN
ftr-371	162	23	journal	journal	NOUN
ftr-371	162	24	of	of	ADP
ftr-371	162	25	economics	economics	PROPN
ftr-371	162	26	100	100	NUM
ftr-371	162	27	(	(	PUNCT
ftr-371	162	28	feb	feb	PROPN
ftr-371	162	29	.	.	PROPN
ftr-371	162	30	1985	1985	NUM
ftr-371	162	31	):	):	PUNCT
ftr-371	162	32	1	1	NUM
ftr-371	162	33	-	-	SYM
ftr-371	162	34	27	27	NUM
ftr-371	162	35	.	.	PUNCT
ftr-371	163	1	in	in	ADP
ftr-371	163	2	an	an	DET
ftr-371	163	3	international	international	ADJ
ftr-371	163	4	context	context	NOUN
ftr-371	163	5	,	,	PUNCT
ftr-371	163	6	incorporating	incorporate	VERB
ftr-371	163	7	risk	risk	NOUN
ftr-371	163	8	still	still	ADV
ftr-371	163	9	suggests	suggest	VERB
ftr-371	163	10	capital	capital	NOUN
ftr-371	163	11	export	export	NOUN
ftr-371	163	12	neutrality	neutrality	NOUN
ftr-371	163	13	in	in	ADP
ftr-371	163	14	order	order	NOUN
ftr-371	163	15	to	to	PART
ftr-371	163	16	allocate	allocate	VERB
ftr-371	163	17	private	private	ADJ
ftr-371	163	18	risk	risk	NOUN
ftr-371	163	19	efficiently	efficiently	ADV
ftr-371	163	20	.	.	PUNCT
ftr-371	164	1	17	17	NUM
ftr-371	164	2	.	.	X
ftr-371	165	1	for	for	ADP
ftr-371	165	2	example	example	NOUN
ftr-371	165	3	,	,	PUNCT
ftr-371	165	4	the	the	DET
ftr-371	165	5	president	president	NOUN
ftr-371	165	6	=	=	PROPN
ftr-371	165	7	s	s	PART
ftr-371	165	8	advisory	advisory	ADJ
ftr-371	165	9	panel	panel	NOUN
ftr-371	165	10	proposed	propose	VERB
ftr-371	165	11	moving	move	VERB
ftr-371	165	12	to	to	ADP
ftr-371	165	13	a	a	DET
ftr-371	165	14	territorial	territorial	ADJ
ftr-371	165	15	tax	tax	NOUN
ftr-371	165	16	.	.	PUNCT
ftr-371	166	1	president	president	NOUN
ftr-371	166	2	=	=	PROPN
ftr-371	166	3	s	s	PART
ftr-371	166	4	advisory	advisory	ADJ
ftr-371	166	5	panel	panel	NOUN
ftr-371	166	6	on	on	ADP
ftr-371	166	7	federal	federal	ADJ
ftr-371	166	8	tax	tax	NOUN
ftr-371	166	9	reform	reform	NOUN
ftr-371	166	10	,	,	PUNCT
ftr-371	166	11	simple	simple	ADJ
ftr-371	166	12	,	,	PUNCT
ftr-371	166	13	fair	fair	ADJ
ftr-371	166	14	,	,	PUNCT
ftr-371	166	15	and	and	CCONJ
ftr-371	166	16	pro	pro	ADJ
ftr-371	166	17	-	-	ADJ
ftr-371	166	18	growth	growth	ADJ
ftr-371	166	19	:	:	PUNCT
ftr-371	166	20	proposals	proposal	NOUN
ftr-371	166	21	to	to	PART
ftr-371	166	22	fix	fix	VERB
ftr-371	166	23	america	america	PROPN
ftr-371	166	24	=	=	SYM
ftr-371	166	25	s	s	PART
ftr-371	166	26	tax	tax	NOUN
ftr-371	166	27	system	system	NOUN
ftr-371	166	28	(	(	PUNCT
ftr-371	166	29	washington	washington	PROPN
ftr-371	166	30	,	,	PUNCT
ftr-371	166	31	nov	nov	PROPN
ftr-371	166	32	.	.	PROPN
ftr-371	166	33	2005	2005	NUM
ftr-371	166	34	)	)	PUNCT
ftr-371	166	35	.	.	PUNCT
ftr-371	167	1	18	18	NUM
ftr-371	167	2	.	.	X
ftr-371	167	3	edward	edward	PROPN
ftr-371	167	4	d.	d.	PROPN
ftr-371	167	5	kleinbard	kleinbard	PROPN
ftr-371	167	6	,	,	PUNCT
ftr-371	167	7	athrow	athrow	PROPN
ftr-371	167	8	territorial	territorial	ADJ
ftr-371	167	9	tax	tax	NOUN
ftr-371	167	10	from	from	ADP
ftr-371	167	11	the	the	DET
ftr-371	167	12	train,@	train,@	ADJ
ftr-371	167	13	tax	tax	NOUN
ftr-371	167	14	notes	note	NOUN
ftr-371	167	15	,	,	PUNCT
ftr-371	167	16	feb	feb	PROPN
ftr-371	167	17	.	.	PROPN
ftr-371	167	18	5	5	NUM
ftr-371	167	19	,	,	PUNCT
ftr-371	167	20	2007	2007	NUM
ftr-371	167	21	,	,	PUNCT
ftr-371	167	22	pp	pp	ADJ
ftr-371	167	23	.	.	PUNCT
ftr-371	168	1	547	547	NUM
ftr-371	168	2	-	-	SYM
ftr-371	168	3	564	564	NUM
ftr-371	168	4	.	.	PUNCT
ftr-371	169	1	478	478	NUM
ftr-371	169	2	florida	florida	PROPN
ftr-371	169	3	tax	tax	NOUN
ftr-371	169	4	review	review	NOUN
ftr-371	169	5	[	[	X
ftr-371	169	6	vol	vol	NOUN
ftr-371	169	7	.	.	NOUN
ftr-371	169	8	9:5	9:5	NUM
ftr-371	169	9	pressures	pressure	NOUN
ftr-371	169	10	(	(	PUNCT
ftr-371	169	11	as	as	SCONJ
ftr-371	169	12	discussed	discuss	VERB
ftr-371	169	13	below	below	ADV
ftr-371	169	14	)	)	PUNCT
ftr-371	169	15	to	to	PART
ftr-371	169	16	shift	shift	VERB
ftr-371	169	17	income	income	NOUN
ftr-371	169	18	under	under	ADP
ftr-371	169	19	a	a	DET
ftr-371	169	20	territorial	territorial	ADJ
ftr-371	169	21	system	system	NOUN
ftr-371	169	22	.	.	PUNCT
ftr-371	170	1	a	a	DET
ftr-371	170	2	similar	similar	ADJ
ftr-371	170	3	position	position	NOUN
ftr-371	170	4	is	be	AUX
ftr-371	170	5	taken	take	VERB
ftr-371	170	6	by	by	ADP
ftr-371	170	7	paul	paul	PROPN
ftr-371	170	8	mcdaniel.19	mcdaniel.19	PROPN
ftr-371	170	9	one	one	NUM
ftr-371	170	10	argument	argument	NOUN
ftr-371	170	11	that	that	PRON
ftr-371	170	12	might	might	AUX
ftr-371	170	13	be	be	AUX
ftr-371	170	14	made	make	VERB
ftr-371	170	15	and	and	CCONJ
ftr-371	170	16	might	might	AUX
ftr-371	170	17	appear	appear	VERB
ftr-371	170	18	persuasive	persuasive	ADJ
ftr-371	170	19	is	be	AUX
ftr-371	170	20	that	that	SCONJ
ftr-371	170	21	the	the	DET
ftr-371	170	22	u.s	u.s	PROPN
ftr-371	170	23	.	.	PROPN
ftr-371	170	24	can	can	AUX
ftr-371	170	25	not	not	PART
ftr-371	170	26	achieve	achieve	VERB
ftr-371	170	27	efficiency	efficiency	NOUN
ftr-371	170	28	in	in	ADP
ftr-371	170	29	isolation	isolation	NOUN
ftr-371	170	30	.	.	PUNCT
ftr-371	171	1	suppose	suppose	VERB
ftr-371	171	2	,	,	PUNCT
ftr-371	171	3	in	in	ADP
ftr-371	171	4	the	the	DET
ftr-371	171	5	example	example	NOUN
ftr-371	171	6	above	above	ADV
ftr-371	171	7	,	,	PUNCT
ftr-371	171	8	that	that	SCONJ
ftr-371	171	9	the	the	DET
ftr-371	171	10	25	25	NUM
ftr-371	171	11	%	%	NOUN
ftr-371	171	12	tax	tax	NOUN
ftr-371	171	13	rate	rate	NOUN
ftr-371	171	14	(	(	PUNCT
ftr-371	171	15	low	low	ADJ
ftr-371	171	16	-	-	PUNCT
ftr-371	171	17	tax	tax	NOUN
ftr-371	171	18	)	)	PUNCT
ftr-371	171	19	country	country	NOUN
ftr-371	171	20	taxes	taxis	NOUN
ftr-371	171	21	on	on	ADP
ftr-371	171	22	a	a	DET
ftr-371	171	23	source	source	NOUN
ftr-371	171	24	basis	basis	NOUN
ftr-371	171	25	and	and	CCONJ
ftr-371	171	26	the	the	DET
ftr-371	171	27	50	50	NUM
ftr-371	171	28	%	%	NOUN
ftr-371	171	29	(	(	PUNCT
ftr-371	171	30	hightax	hightax	NOUN
ftr-371	171	31	)	)	PUNCT
ftr-371	171	32	country	country	NOUN
ftr-371	171	33	on	on	ADP
ftr-371	171	34	a	a	DET
ftr-371	171	35	current	current	ADJ
ftr-371	171	36	basis	basis	NOUN
ftr-371	171	37	with	with	ADP
ftr-371	171	38	a	a	DET
ftr-371	171	39	foreign	foreign	ADJ
ftr-371	171	40	tax	tax	NOUN
ftr-371	171	41	credit	credit	NOUN
ftr-371	171	42	.	.	PUNCT
ftr-371	172	1	more	more	ADJ
ftr-371	172	2	of	of	ADP
ftr-371	172	3	the	the	DET
ftr-371	172	4	25	25	NUM
ftr-371	172	5	%	%	NOUN
ftr-371	172	6	tax	tax	NOUN
ftr-371	172	7	rate	rate	NOUN
ftr-371	172	8	country	country	NOUN
ftr-371	172	9	=	=	SYM
ftr-371	172	10	s	s	PART
ftr-371	172	11	investment	investment	NOUN
ftr-371	172	12	would	would	AUX
ftr-371	172	13	flow	flow	VERB
ftr-371	172	14	to	to	ADP
ftr-371	172	15	the	the	DET
ftr-371	172	16	0	0	NUM
ftr-371	172	17	%	%	NOUN
ftr-371	172	18	tax	tax	NOUN
ftr-371	172	19	rate	rate	NOUN
ftr-371	172	20	country	country	NOUN
ftr-371	172	21	than	than	SCONJ
ftr-371	172	22	would	would	AUX
ftr-371	172	23	the	the	DET
ftr-371	172	24	hightax	hightax	NOUN
ftr-371	172	25	country	country	NOUN
ftr-371	173	1	=	=	SYM
ftr-371	173	2	s	s	PART
ftr-371	173	3	investment	investment	NOUN
ftr-371	173	4	.	.	PUNCT
ftr-371	174	1	there	there	PRON
ftr-371	174	2	would	would	AUX
ftr-371	174	3	be	be	AUX
ftr-371	174	4	a	a	DET
ftr-371	174	5	higher	high	ADJ
ftr-371	174	6	relative	relative	ADJ
ftr-371	174	7	concentration	concentration	NOUN
ftr-371	174	8	of	of	ADP
ftr-371	174	9	the	the	DET
ftr-371	174	10	high	high	ADJ
ftr-371	174	11	-	-	PUNCT
ftr-371	174	12	tax	tax	NOUN
ftr-371	174	13	country	country	NOUN
ftr-371	174	14	=	=	SYM
ftr-371	174	15	s	s	PART
ftr-371	174	16	investment	investment	NOUN
ftr-371	174	17	domestically	domestically	ADV
ftr-371	174	18	than	than	ADP
ftr-371	174	19	in	in	ADP
ftr-371	174	20	the	the	DET
ftr-371	174	21	case	case	NOUN
ftr-371	174	22	of	of	ADP
ftr-371	174	23	a	a	DET
ftr-371	174	24	residence	residence	NOUN
ftr-371	174	25	-	-	PUNCT
ftr-371	174	26	based	base	VERB
ftr-371	174	27	tax	tax	NOUN
ftr-371	174	28	or	or	CCONJ
ftr-371	174	29	even	even	ADV
ftr-371	174	30	with	with	ADP
ftr-371	174	31	both	both	DET
ftr-371	174	32	countries	country	NOUN
ftr-371	174	33	with	with	ADP
ftr-371	174	34	limited	limited	ADJ
ftr-371	174	35	foreign	foreign	ADJ
ftr-371	174	36	tax	tax	NOUN
ftr-371	174	37	credits	credit	NOUN
ftr-371	174	38	.	.	PUNCT
ftr-371	175	1	however	however	ADV
ftr-371	175	2	,	,	PUNCT
ftr-371	175	3	there	there	PRON
ftr-371	175	4	is	be	VERB
ftr-371	175	5	no	no	DET
ftr-371	175	6	reason	reason	NOUN
ftr-371	175	7	to	to	PART
ftr-371	175	8	see	see	VERB
ftr-371	175	9	this	this	DET
ftr-371	175	10	system	system	NOUN
ftr-371	175	11	as	as	ADP
ftr-371	175	12	undermining	undermine	VERB
ftr-371	175	13	the	the	DET
ftr-371	175	14	welfare	welfare	NOUN
ftr-371	175	15	of	of	ADP
ftr-371	175	16	the	the	DET
ftr-371	175	17	high	high	ADJ
ftr-371	175	18	-	-	PUNCT
ftr-371	175	19	tax	tax	NOUN
ftr-371	175	20	country	country	NOUN
ftr-371	175	21	.	.	PUNCT
ftr-371	176	1	investments	investment	NOUN
ftr-371	176	2	at	at	ADP
ftr-371	176	3	home	home	NOUN
ftr-371	176	4	are	be	AUX
ftr-371	176	5	still	still	ADV
ftr-371	176	6	earning	earn	VERB
ftr-371	176	7	higher	high	ADJ
ftr-371	176	8	domestic	domestic	ADJ
ftr-371	176	9	returns	return	NOUN
ftr-371	176	10	(	(	PUNCT
ftr-371	176	11	including	include	VERB
ftr-371	176	12	the	the	DET
ftr-371	176	13	taxes	taxis	NOUN
ftr-371	176	14	collected	collect	VERB
ftr-371	176	15	)	)	PUNCT
ftr-371	176	16	than	than	ADP
ftr-371	176	17	investments	investment	NOUN
ftr-371	176	18	abroad	abroad	ADV
ftr-371	176	19	.	.	PUNCT
ftr-371	177	1	and	and	CCONJ
ftr-371	177	2	the	the	DET
ftr-371	177	3	effect	effect	NOUN
ftr-371	177	4	on	on	ADP
ftr-371	177	5	worldwide	worldwide	ADJ
ftr-371	177	6	efficiency	efficiency	NOUN
ftr-371	177	7	can	can	AUX
ftr-371	177	8	not	not	PART
ftr-371	177	9	be	be	AUX
ftr-371	177	10	worse	bad	ADJ
ftr-371	177	11	than	than	ADP
ftr-371	177	12	the	the	DET
ftr-371	177	13	case	case	NOUN
ftr-371	177	14	with	with	ADP
ftr-371	177	15	both	both	DET
ftr-371	177	16	countries	country	NOUN
ftr-371	177	17	having	have	VERB
ftr-371	177	18	a	a	DET
ftr-371	177	19	territorial	territorial	ADJ
ftr-371	177	20	tax	tax	NOUN
ftr-371	177	21	(	(	PUNCT
ftr-371	177	22	at	at	ADP
ftr-371	177	23	the	the	DET
ftr-371	177	24	extreme	extreme	NOUN
ftr-371	177	25	,	,	PUNCT
ftr-371	177	26	with	with	ADP
ftr-371	177	27	perfect	perfect	ADJ
ftr-371	177	28	substitutability	substitutability	NOUN
ftr-371	177	29	of	of	ADP
ftr-371	177	30	capital	capital	NOUN
ftr-371	177	31	,	,	PUNCT
ftr-371	177	32	all	all	DET
ftr-371	177	33	the	the	DET
ftr-371	177	34	investment	investment	NOUN
ftr-371	177	35	in	in	ADP
ftr-371	177	36	the	the	DET
ftr-371	177	37	0	0	NUM
ftr-371	177	38	%	%	NOUN
ftr-371	177	39	tax	tax	NOUN
ftr-371	177	40	rate	rate	NOUN
ftr-371	177	41	country	country	NOUN
ftr-371	177	42	will	will	AUX
ftr-371	177	43	be	be	AUX
ftr-371	177	44	owned	own	VERB
ftr-371	177	45	by	by	ADP
ftr-371	177	46	the	the	DET
ftr-371	177	47	25	25	NUM
ftr-371	177	48	%	%	NOUN
ftr-371	177	49	country	country	NOUN
ftr-371	177	50	and	and	CCONJ
ftr-371	177	51	the	the	DET
ftr-371	177	52	allocation	allocation	NOUN
ftr-371	177	53	of	of	ADP
ftr-371	177	54	capital	capital	NOUN
ftr-371	177	55	the	the	DET
ftr-371	177	56	same	same	ADJ
ftr-371	177	57	as	as	SCONJ
ftr-371	177	58	if	if	SCONJ
ftr-371	177	59	both	both	DET
ftr-371	177	60	countries	country	NOUN
ftr-371	177	61	had	have	VERB
ftr-371	177	62	a	a	DET
ftr-371	177	63	territorial	territorial	ADJ
ftr-371	177	64	tax	tax	NOUN
ftr-371	177	65	)	)	PUNCT
ftr-371	177	66	.	.	PUNCT
ftr-371	178	1	another	another	DET
ftr-371	178	2	argument	argument	NOUN
ftr-371	178	3	which	which	PRON
ftr-371	178	4	has	have	AUX
ftr-371	178	5	been	be	AUX
ftr-371	178	6	used	use	VERB
ftr-371	178	7	inappropriately	inappropriately	ADV
ftr-371	178	8	is	be	AUX
ftr-371	178	9	the	the	DET
ftr-371	178	10	argument	argument	NOUN
ftr-371	178	11	that	that	SCONJ
ftr-371	178	12	savings	saving	NOUN
ftr-371	178	13	is	be	AUX
ftr-371	178	14	responsive	responsive	ADJ
ftr-371	178	15	to	to	ADP
ftr-371	178	16	the	the	DET
ftr-371	178	17	rate	rate	NOUN
ftr-371	178	18	of	of	ADP
ftr-371	178	19	return	return	NOUN
ftr-371	178	20	and	and	CCONJ
ftr-371	178	21	therefore	therefore	ADV
ftr-371	178	22	lowering	lower	VERB
ftr-371	178	23	the	the	DET
ftr-371	178	24	tax	tax	NOUN
ftr-371	178	25	on	on	ADP
ftr-371	178	26	outbound	outbound	ADJ
ftr-371	178	27	investment	investment	NOUN
ftr-371	178	28	would	would	AUX
ftr-371	178	29	not	not	PART
ftr-371	178	30	displace	displace	VERB
ftr-371	178	31	domestic	domestic	ADJ
ftr-371	178	32	investment	investment	NOUN
ftr-371	178	33	because	because	SCONJ
ftr-371	178	34	it	it	PRON
ftr-371	178	35	is	be	AUX
ftr-371	178	36	new	new	ADJ
ftr-371	178	37	savings	saving	NOUN
ftr-371	178	38	.	.	PUNCT
ftr-371	179	1	aside	aside	ADV
ftr-371	179	2	from	from	ADP
ftr-371	179	3	considerable	considerable	ADJ
ftr-371	179	4	uncertainty	uncertainty	NOUN
ftr-371	179	5	as	as	ADP
ftr-371	179	6	to	to	ADP
ftr-371	179	7	whether	whether	SCONJ
ftr-371	179	8	lowering	lower	VERB
ftr-371	179	9	tax	tax	NOUN
ftr-371	179	10	rates	rate	NOUN
ftr-371	179	11	increases	increase	VERB
ftr-371	179	12	or	or	CCONJ
ftr-371	179	13	decreases	decrease	VERB
ftr-371	179	14	savings,20	savings,20	NOUN
ftr-371	179	15	this	this	DET
ftr-371	179	16	argument	argument	NOUN
ftr-371	179	17	suffers	suffer	VERB
ftr-371	179	18	from	from	ADP
ftr-371	179	19	a	a	DET
ftr-371	179	20	fundamental	fundamental	ADJ
ftr-371	179	21	fallacy	fallacy	NOUN
ftr-371	179	22	:	:	PUNCT
ftr-371	179	23	the	the	DET
ftr-371	179	24	assumption	assumption	NOUN
ftr-371	179	25	that	that	SCONJ
ftr-371	179	26	the	the	DET
ftr-371	179	27	domestic	domestic	ADJ
ftr-371	179	28	tax	tax	NOUN
ftr-371	179	29	rate	rate	NOUN
ftr-371	179	30	is	be	AUX
ftr-371	179	31	not	not	PART
ftr-371	179	32	reduced	reduce	VERB
ftr-371	179	33	to	to	PART
ftr-371	179	34	allow	allow	VERB
ftr-371	179	35	for	for	ADP
ftr-371	179	36	a	a	DET
ftr-371	179	37	revenue	revenue	NOUN
ftr-371	179	38	neutral	neutral	ADJ
ftr-371	179	39	change	change	NOUN
ftr-371	179	40	.	.	PUNCT
ftr-371	180	1	that	that	PRON
ftr-371	180	2	is	be	AUX
ftr-371	180	3	,	,	PUNCT
ftr-371	180	4	if	if	SCONJ
ftr-371	180	5	the	the	DET
ftr-371	180	6	revenue	revenue	NOUN
ftr-371	180	7	from	from	ADP
ftr-371	180	8	an	an	DET
ftr-371	180	9	increase	increase	NOUN
ftr-371	180	10	in	in	ADP
ftr-371	180	11	the	the	DET
ftr-371	180	12	tax	tax	NOUN
ftr-371	180	13	rate	rate	NOUN
ftr-371	180	14	on	on	ADP
ftr-371	180	15	outbound	outbound	ADJ
ftr-371	180	16	investment	investment	NOUN
ftr-371	180	17	is	be	AUX
ftr-371	180	18	used	use	VERB
ftr-371	180	19	to	to	PART
ftr-371	180	20	decrease	decrease	VERB
ftr-371	180	21	the	the	DET
ftr-371	180	22	overall	overall	ADJ
ftr-371	180	23	tax	tax	NOUN
ftr-371	180	24	rate	rate	NOUN
ftr-371	180	25	,	,	PUNCT
ftr-371	180	26	there	there	PRON
ftr-371	180	27	is	be	VERB
ftr-371	180	28	no	no	DET
ftr-371	180	29	overall	overall	ADJ
ftr-371	180	30	change	change	NOUN
ftr-371	180	31	in	in	ADP
ftr-371	180	32	the	the	DET
ftr-371	180	33	savings	saving	NOUN
ftr-371	180	34	incentive.21	incentive.21	NOUN
ftr-371	180	35	but	but	CCONJ
ftr-371	180	36	are	be	AUX
ftr-371	180	37	there	there	PRON
ftr-371	180	38	any	any	DET
ftr-371	180	39	other	other	ADJ
ftr-371	180	40	economic	economic	ADJ
ftr-371	180	41	reasons	reason	NOUN
ftr-371	180	42	?	?	PUNCT
ftr-371	181	1	for	for	ADP
ftr-371	181	2	most	most	ADJ
ftr-371	181	3	of	of	ADP
ftr-371	181	4	the	the	DET
ftr-371	181	5	history	history	NOUN
ftr-371	181	6	of	of	ADP
ftr-371	181	7	the	the	DET
ftr-371	181	8	tax	tax	NOUN
ftr-371	181	9	system	system	NOUN
ftr-371	181	10	there	there	ADV
ftr-371	181	11	seem	seem	VERB
ftr-371	181	12	to	to	PART
ftr-371	181	13	be	be	AUX
ftr-371	181	14	none	none	NOUN
ftr-371	181	15	.	.	PUNCT
ftr-371	182	1	however	however	ADV
ftr-371	182	2	,	,	PUNCT
ftr-371	182	3	the	the	DET
ftr-371	182	4	growth	growth	NOUN
ftr-371	182	5	in	in	ADP
ftr-371	182	6	portfolio	portfolio	NOUN
ftr-371	182	7	investments	investment	NOUN
ftr-371	182	8	(	(	PUNCT
ftr-371	182	9	investments	investment	NOUN
ftr-371	182	10	by	by	ADP
ftr-371	182	11	u.s	u.s	PROPN
ftr-371	182	12	.	.	PROPN
ftr-371	182	13	individuals	individual	NOUN
ftr-371	182	14	of	of	ADP
ftr-371	182	15	stock	stock	NOUN
ftr-371	182	16	in	in	ADP
ftr-371	182	17	foreign	foreign	ADJ
ftr-371	182	18	companies	company	NOUN
ftr-371	182	19	)	)	PUNCT
ftr-371	182	20	has	have	AUX
ftr-371	182	21	given	give	VERB
ftr-371	182	22	rise	rise	NOUN
ftr-371	182	23	to	to	ADP
ftr-371	182	24	new	new	ADJ
ftr-371	182	25	arguments	argument	NOUN
ftr-371	182	26	for	for	ADP
ftr-371	182	27	source	source	NOUN
ftr-371	182	28	-	-	PUNCT
ftr-371	182	29	based	base	VERB
ftr-371	182	30	taxation	taxation	NOUN
ftr-371	182	31	and	and	CCONJ
ftr-371	182	32	a	a	DET
ftr-371	182	33	new	new	ADJ
ftr-371	182	34	concept	concept	NOUN
ftr-371	182	35	of	of	ADP
ftr-371	182	36	neutrality	neutrality	NOUN
ftr-371	182	37	.	.	PUNCT
ftr-371	183	1	the	the	DET
ftr-371	183	2	term	term	NOUN
ftr-371	183	3	capital	capital	NOUN
ftr-371	183	4	ownership	ownership	NOUN
ftr-371	183	5	neutrality	neutrality	NOUN
ftr-371	183	6	(	(	PUNCT
ftr-371	183	7	con	con	NOUN
ftr-371	183	8	)	)	PUNCT
ftr-371	183	9	is	be	AUX
ftr-371	183	10	closely	closely	ADV
ftr-371	183	11	associated	associate	VERB
ftr-371	183	12	with	with	ADP
ftr-371	183	13	desai	desai	PROPN
ftr-371	183	14	and	and	CCONJ
ftr-371	183	15	hines	hine	NOUN
ftr-371	183	16	,	,	PUNCT
ftr-371	183	17	professors	professor	NOUN
ftr-371	183	18	,	,	PUNCT
ftr-371	183	19	respectively	respectively	ADV
ftr-371	183	20	,	,	PUNCT
ftr-371	183	21	of	of	ADP
ftr-371	183	22	business	business	NOUN
ftr-371	183	23	at	at	ADP
ftr-371	183	24	harvard	harvard	PROPN
ftr-371	183	25	and	and	CCONJ
ftr-371	183	26	economics	economic	NOUN
ftr-371	183	27	at	at	ADP
ftr-371	183	28	the	the	DET
ftr-371	183	29	university	university	NOUN
ftr-371	183	30	of	of	ADP
ftr-371	183	31	michigan.22	michigan.22	VERB
ftr-371	183	32	the	the	DET
ftr-371	183	33	term	term	NOUN
ftr-371	183	34	itself	itself	PRON
ftr-371	183	35	,	,	PUNCT
ftr-371	183	36	however	however	ADV
ftr-371	183	37	,	,	PUNCT
ftr-371	183	38	appears	appear	VERB
ftr-371	183	39	to	to	PART
ftr-371	183	40	have	have	AUX
ftr-371	183	41	been	be	AUX
ftr-371	183	42	coined	coin	VERB
ftr-371	183	43	19	19	NUM
ftr-371	183	44	.	.	PUNCT
ftr-371	184	1	paul	paul	PROPN
ftr-371	184	2	r.	r.	PROPN
ftr-371	184	3	mcdaniel	mcdaniel	PROPN
ftr-371	184	4	,	,	PUNCT
ftr-371	184	5	“	"	PUNCT
ftr-371	184	6	territorial	territorial	ADJ
ftr-371	184	7	vs.	vs.	ADP
ftr-371	184	8	worldwide	worldwide	ADJ
ftr-371	184	9	international	international	ADJ
ftr-371	184	10	tax	tax	NOUN
ftr-371	184	11	systems	system	NOUN
ftr-371	184	12	:	:	PUNCT
ftr-371	184	13	which	which	PRON
ftr-371	184	14	is	be	AUX
ftr-371	184	15	better	well	ADJ
ftr-371	184	16	for	for	ADP
ftr-371	184	17	the	the	DET
ftr-371	184	18	u.s	u.s	PROPN
ftr-371	184	19	.	.	PROPN
ftr-371	184	20	?	?	PUNCT
ftr-371	184	21	”	"	PUNCT
ftr-371	185	1	florida	florida	PROPN
ftr-371	185	2	tax	tax	PROPN
ftr-371	185	3	review	review	PROPN
ftr-371	185	4	,	,	PUNCT
ftr-371	185	5	vol	vol	NOUN
ftr-371	185	6	.	.	PROPN
ftr-371	185	7	8	8	NUM
ftr-371	185	8	,	,	PUNCT
ftr-371	185	9	no	no	INTJ
ftr-371	185	10	.	.	NOUN
ftr-371	185	11	3	3	NUM
ftr-371	185	12	,	,	PUNCT
ftr-371	185	13	2007	2007	NUM
ftr-371	185	14	.	.	PUNCT
ftr-371	186	1	20	20	NUM
ftr-371	186	2	.	.	PUNCT
ftr-371	187	1	because	because	SCONJ
ftr-371	187	2	of	of	ADP
ftr-371	187	3	income	income	NOUN
ftr-371	187	4	and	and	CCONJ
ftr-371	187	5	substitution	substitution	NOUN
ftr-371	187	6	effects	effect	NOUN
ftr-371	187	7	,	,	PUNCT
ftr-371	187	8	the	the	DET
ftr-371	187	9	theoretical	theoretical	ADJ
ftr-371	187	10	outcome	outcome	NOUN
ftr-371	187	11	is	be	AUX
ftr-371	187	12	not	not	PART
ftr-371	187	13	clear	clear	ADJ
ftr-371	187	14	.	.	PUNCT
ftr-371	188	1	in	in	ADP
ftr-371	188	2	dynamic	dynamic	ADJ
ftr-371	188	3	life	life	NOUN
ftr-371	188	4	cycle	cycle	NOUN
ftr-371	188	5	models	model	NOUN
ftr-371	188	6	,	,	PUNCT
ftr-371	188	7	the	the	DET
ftr-371	188	8	result	result	NOUN
ftr-371	188	9	depends	depend	VERB
ftr-371	188	10	on	on	ADP
ftr-371	188	11	what	what	DET
ftr-371	188	12	type	type	NOUN
ftr-371	188	13	of	of	ADP
ftr-371	188	14	tax	tax	NOUN
ftr-371	188	15	substitutions	substitution	NOUN
ftr-371	188	16	for	for	ADP
ftr-371	188	17	lower	low	ADJ
ftr-371	188	18	capital	capital	NOUN
ftr-371	188	19	income	income	NOUN
ftr-371	188	20	taxes	taxis	NOUN
ftr-371	188	21	.	.	PUNCT
ftr-371	189	1	see	see	VERB
ftr-371	189	2	,	,	PUNCT
ftr-371	189	3	for	for	ADP
ftr-371	189	4	example	example	NOUN
ftr-371	189	5	,	,	PUNCT
ftr-371	189	6	alan	alan	PROPN
ftr-371	189	7	j.	j.	PROPN
ftr-371	189	8	auerbach	auerbach	PROPN
ftr-371	189	9	and	and	CCONJ
ftr-371	189	10	laurence	laurence	PROPN
ftr-371	189	11	j.	j.	PROPN
ftr-371	189	12	kotlikoff	kotlikoff	PROPN
ftr-371	189	13	,	,	PUNCT
ftr-371	189	14	dynamic	dynamic	ADJ
ftr-371	189	15	fiscal	fiscal	ADJ
ftr-371	189	16	policy	policy	NOUN
ftr-371	189	17	,	,	PUNCT
ftr-371	189	18	new	new	PROPN
ftr-371	189	19	york	york	PROPN
ftr-371	189	20	,	,	PUNCT
ftr-371	189	21	cambridge	cambridge	PROPN
ftr-371	189	22	university	university	PROPN
ftr-371	189	23	press	press	NOUN
ftr-371	189	24	,	,	PUNCT
ftr-371	189	25	(	(	PUNCT
ftr-371	189	26	1987	1987	NUM
ftr-371	189	27	)	)	PUNCT
ftr-371	189	28	where	where	SCONJ
ftr-371	189	29	the	the	DET
ftr-371	189	30	capital	capital	NOUN
ftr-371	189	31	stock	stock	NOUN
ftr-371	189	32	changes	change	NOUN
ftr-371	189	33	negligibly	negligibly	ADV
ftr-371	189	34	with	with	ADP
ftr-371	189	35	a	a	DET
ftr-371	189	36	substitution	substitution	NOUN
ftr-371	189	37	of	of	ADP
ftr-371	189	38	a	a	DET
ftr-371	189	39	wage	wage	NOUN
ftr-371	189	40	tax	tax	NOUN
ftr-371	189	41	.	.	PUNCT
ftr-371	190	1	21	21	NUM
ftr-371	190	2	.	.	X
ftr-371	191	1	for	for	ADP
ftr-371	191	2	a	a	DET
ftr-371	191	3	review	review	NOUN
ftr-371	191	4	of	of	ADP
ftr-371	191	5	this	this	DET
ftr-371	191	6	argument	argument	NOUN
ftr-371	191	7	,	,	PUNCT
ftr-371	191	8	see	see	VERB
ftr-371	191	9	donald	donald	PROPN
ftr-371	191	10	j.	j.	PROPN
ftr-371	191	11	rousslang	rousslang	PROPN
ftr-371	191	12	,	,	PUNCT
ftr-371	191	13	“	"	PUNCT
ftr-371	191	14	deferral	deferral	ADJ
ftr-371	191	15	and	and	CCONJ
ftr-371	191	16	the	the	DET
ftr-371	191	17	optimal	optimal	ADJ
ftr-371	191	18	taxation	taxation	NOUN
ftr-371	191	19	of	of	ADP
ftr-371	191	20	international	international	ADJ
ftr-371	191	21	investment	investment	NOUN
ftr-371	191	22	income	income	NOUN
ftr-371	191	23	,	,	PUNCT
ftr-371	191	24	”	"	PUNCT
ftr-371	191	25	national	national	ADJ
ftr-371	191	26	tax	tax	NOUN
ftr-371	191	27	journal	journal	PROPN
ftr-371	191	28	,	,	PUNCT
ftr-371	191	29	vol	vol	NOUN
ftr-371	191	30	.	.	PROPN
ftr-371	191	31	53	53	NUM
ftr-371	191	32	,	,	PUNCT
ftr-371	191	33	(	(	PUNCT
ftr-371	191	34	sep	sep	PROPN
ftr-371	191	35	.	.	PROPN
ftr-371	191	36	2000	2000	NUM
ftr-371	191	37	):	):	PUNCT
ftr-371	191	38	589	589	NUM
ftr-371	191	39	-	-	SYM
ftr-371	191	40	600	600	NUM
ftr-371	191	41	.	.	PUNCT
ftr-371	192	1	22	22	NUM
ftr-371	192	2	.	.	PUNCT
ftr-371	193	1	mihir	mihir	PROPN
ftr-371	193	2	desai	desai	PROPN
ftr-371	193	3	and	and	CCONJ
ftr-371	193	4	james	james	PROPN
ftr-371	193	5	hines	hines	PROPN
ftr-371	193	6	,	,	PUNCT
ftr-371	193	7	evaluating	evaluate	VERB
ftr-371	193	8	international	international	ADJ
ftr-371	193	9	tax	tax	NOUN
ftr-371	193	10	reform	reform	NOUN
ftr-371	193	11	,	,	PUNCT
ftr-371	193	12	national	national	ADJ
ftr-371	193	13	2009	2009	NUM
ftr-371	193	14	]	]	PUNCT
ftr-371	193	15	international	international	ADJ
ftr-371	193	16	corporate	corporate	ADJ
ftr-371	193	17	tax	tax	NOUN
ftr-371	193	18	reform	reform	NOUN
ftr-371	193	19	479	479	NUM
ftr-371	193	20	by	by	ADP
ftr-371	193	21	michael	michael	PROPN
ftr-371	193	22	devereux,23	devereux,23	PROPN
ftr-371	193	23	a	a	DET
ftr-371	193	24	british	british	ADJ
ftr-371	193	25	economist	economist	NOUN
ftr-371	193	26	.	.	PUNCT
ftr-371	194	1	the	the	DET
ftr-371	194	2	underlying	underlying	ADJ
ftr-371	194	3	justification	justification	NOUN
ftr-371	194	4	for	for	ADP
ftr-371	194	5	the	the	DET
ftr-371	194	6	new	new	ADJ
ftr-371	194	7	standard	standard	NOUN
ftr-371	194	8	=	=	PROPN
ftr-371	194	9	s	s	PART
ftr-371	194	10	development	development	NOUN
ftr-371	194	11	,	,	PUNCT
ftr-371	194	12	the	the	DET
ftr-371	194	13	growth	growth	NOUN
ftr-371	194	14	of	of	ADP
ftr-371	194	15	portfolio	portfolio	NOUN
ftr-371	194	16	investment	investment	NOUN
ftr-371	194	17	,	,	PUNCT
ftr-371	194	18	was	be	AUX
ftr-371	194	19	also	also	ADV
ftr-371	194	20	discussed	discuss	VERB
ftr-371	194	21	independently	independently	ADV
ftr-371	194	22	about	about	ADP
ftr-371	194	23	the	the	DET
ftr-371	194	24	same	same	ADJ
ftr-371	194	25	time	time	NOUN
ftr-371	194	26	in	in	ADP
ftr-371	194	27	a	a	DET
ftr-371	194	28	paper	paper	NOUN
ftr-371	194	29	by	by	ADP
ftr-371	194	30	frisch.24	frisch.24	NOUN
ftr-371	194	31	essentially	essentially	ADV
ftr-371	194	32	,	,	PUNCT
ftr-371	194	33	capital	capital	NOUN
ftr-371	194	34	ownership	ownership	NOUN
ftr-371	194	35	neutrality	neutrality	NOUN
ftr-371	194	36	is	be	AUX
ftr-371	194	37	the	the	DET
ftr-371	194	38	same	same	ADJ
ftr-371	194	39	as	as	ADP
ftr-371	194	40	capital	capital	NOUN
ftr-371	194	41	import	import	NOUN
ftr-371	194	42	neutrality	neutrality	NOUN
ftr-371	194	43	in	in	ADP
ftr-371	194	44	that	that	PRON
ftr-371	194	45	,	,	PUNCT
ftr-371	194	46	under	under	ADP
ftr-371	194	47	certain	certain	ADJ
ftr-371	194	48	very	very	ADV
ftr-371	194	49	restrictive	restrictive	ADJ
ftr-371	194	50	assumptions	assumption	NOUN
ftr-371	194	51	,	,	PUNCT
ftr-371	194	52	it	it	PRON
ftr-371	194	53	is	be	AUX
ftr-371	194	54	achieved	achieve	VERB
ftr-371	194	55	by	by	ADP
ftr-371	194	56	source	source	NOUN
ftr-371	194	57	-	-	PUNCT
ftr-371	194	58	based	base	VERB
ftr-371	194	59	taxation	taxation	NOUN
ftr-371	194	60	,	,	PUNCT
ftr-371	194	61	and	and	CCONJ
ftr-371	194	62	some	some	PRON
ftr-371	194	63	of	of	ADP
ftr-371	194	64	the	the	DET
ftr-371	194	65	earlier	early	ADJ
ftr-371	194	66	discussions	discussion	NOUN
ftr-371	194	67	viewed	view	VERB
ftr-371	194	68	it	it	PRON
ftr-371	194	69	as	as	ADP
ftr-371	194	70	a	a	DET
ftr-371	194	71	resurrection	resurrection	NOUN
ftr-371	194	72	of	of	ADP
ftr-371	194	73	capital	capital	NOUN
ftr-371	194	74	import	import	NOUN
ftr-371	194	75	neutrality.25	neutrality.25	ADP
ftr-371	194	76	the	the	DET
ftr-371	194	77	issue	issue	NOUN
ftr-371	194	78	of	of	ADP
ftr-371	194	79	ownership	ownership	NOUN
ftr-371	194	80	neutrality	neutrality	NOUN
ftr-371	194	81	developed	develop	VERB
ftr-371	194	82	because	because	SCONJ
ftr-371	194	83	international	international	ADJ
ftr-371	194	84	investment	investment	NOUN
ftr-371	194	85	markets	market	NOUN
ftr-371	194	86	changed	change	VERB
ftr-371	194	87	.	.	PUNCT
ftr-371	195	1	at	at	ADP
ftr-371	195	2	the	the	DET
ftr-371	195	3	time	time	NOUN
ftr-371	195	4	the	the	DET
ftr-371	195	5	previous	previous	ADJ
ftr-371	195	6	notions	notion	NOUN
ftr-371	195	7	of	of	ADP
ftr-371	195	8	neutral	neutral	ADJ
ftr-371	195	9	international	international	ADJ
ftr-371	195	10	tax	tax	NOUN
ftr-371	195	11	systems	system	NOUN
ftr-371	195	12	were	be	AUX
ftr-371	195	13	first	first	ADV
ftr-371	195	14	developed	develop	VERB
ftr-371	195	15	b	b	NOUN
ftr-371	195	16	generally	generally	ADV
ftr-371	195	17	,	,	PUNCT
ftr-371	195	18	the	the	DET
ftr-371	195	19	early	early	ADJ
ftr-371	195	20	1960s	1960	NOUN
ftr-371	195	21	b	b	X
ftr-371	195	22	virtually	virtually	ADV
ftr-371	195	23	all	all	DET
ftr-371	195	24	u.s	u.s	PROPN
ftr-371	195	25	.	.	PROPN
ftr-371	195	26	investment	investment	NOUN
ftr-371	195	27	abroad	abroad	ADV
ftr-371	195	28	was	be	AUX
ftr-371	195	29	carried	carry	VERB
ftr-371	195	30	out	out	ADP
ftr-371	195	31	through	through	ADP
ftr-371	195	32	foreign	foreign	ADJ
ftr-371	195	33	direct	direct	ADJ
ftr-371	195	34	investment	investment	NOUN
ftr-371	195	35	by	by	ADP
ftr-371	195	36	u.s	u.s	PROPN
ftr-371	195	37	.	.	PROPN
ftr-371	195	38	firms.26	firms.26	PROPN
ftr-371	195	39	u.s	u.s	PROPN
ftr-371	195	40	.	.	PROPN
ftr-371	195	41	portfolio	portfolio	NOUN
ftr-371	195	42	investors	investor	NOUN
ftr-371	195	43	held	hold	VERB
ftr-371	195	44	almost	almost	ADV
ftr-371	195	45	no	no	PRON
ftr-371	195	46	stock	stock	NOUN
ftr-371	195	47	in	in	ADP
ftr-371	195	48	foreign	foreign	ADJ
ftr-371	195	49	firms	firm	NOUN
ftr-371	195	50	.	.	PUNCT
ftr-371	196	1	in	in	ADP
ftr-371	196	2	1976	1976	NUM
ftr-371	196	3	,	,	PUNCT
ftr-371	196	4	portfolio	portfolio	NOUN
ftr-371	196	5	holdings	holding	NOUN
ftr-371	196	6	of	of	ADP
ftr-371	196	7	stock	stock	NOUN
ftr-371	196	8	were	be	AUX
ftr-371	196	9	only	only	ADV
ftr-371	196	10	4	4	NUM
ftr-371	196	11	%	%	NOUN
ftr-371	196	12	of	of	ADP
ftr-371	196	13	the	the	DET
ftr-371	196	14	total	total	NOUN
ftr-371	196	15	of	of	ADP
ftr-371	196	16	direct	direct	ADJ
ftr-371	196	17	investment	investment	NOUN
ftr-371	196	18	and	and	CCONJ
ftr-371	196	19	portfolio	portfolio	NOUN
ftr-371	196	20	holdings	holding	NOUN
ftr-371	196	21	;	;	PUNCT
ftr-371	196	22	in	in	ADP
ftr-371	196	23	2007	2007	NUM
ftr-371	196	24	,	,	PUNCT
ftr-371	196	25	it	it	PRON
ftr-371	196	26	was	be	AUX
ftr-371	196	27	61	61	NUM
ftr-371	196	28	%	%	NOUN
ftr-371	196	29	.	.	PUNCT
ftr-371	197	1	until	until	ADP
ftr-371	197	2	the	the	DET
ftr-371	197	3	mid1980s	mid1980	NOUN
ftr-371	197	4	,	,	PUNCT
ftr-371	197	5	the	the	DET
ftr-371	197	6	share	share	NOUN
ftr-371	197	7	of	of	ADP
ftr-371	197	8	foreign	foreign	ADJ
ftr-371	197	9	stocks	stock	NOUN
ftr-371	197	10	in	in	ADP
ftr-371	197	11	u.s	u.s	PROPN
ftr-371	197	12	.	.	PROPN
ftr-371	197	13	residents=	residents=	PROPN
ftr-371	197	14	stock	stock	NOUN
ftr-371	197	15	portfolios	portfolio	NOUN
ftr-371	197	16	was	be	AUX
ftr-371	197	17	less	less	ADJ
ftr-371	197	18	than	than	ADP
ftr-371	197	19	1%,27	1%,27	NUM
ftr-371	197	20	and	and	CCONJ
ftr-371	197	21	thus	thus	ADV
ftr-371	197	22	it	it	PRON
ftr-371	197	23	was	be	AUX
ftr-371	197	24	reasonable	reasonable	ADJ
ftr-371	197	25	to	to	PART
ftr-371	197	26	assume	assume	VERB
ftr-371	197	27	,	,	PUNCT
ftr-371	197	28	as	as	ADP
ftr-371	197	29	in	in	ADP
ftr-371	197	30	the	the	DET
ftr-371	197	31	discussion	discussion	NOUN
ftr-371	197	32	above	above	ADV
ftr-371	197	33	,	,	PUNCT
ftr-371	197	34	that	that	SCONJ
ftr-371	197	35	there	there	PRON
ftr-371	197	36	was	be	VERB
ftr-371	197	37	no	no	DET
ftr-371	197	38	substitution	substitution	NOUN
ftr-371	197	39	across	across	ADP
ftr-371	197	40	the	the	DET
ftr-371	197	41	nationality	nationality	NOUN
ftr-371	197	42	of	of	ADP
ftr-371	197	43	firms	firm	NOUN
ftr-371	197	44	,	,	PUNCT
ftr-371	197	45	but	but	CCONJ
ftr-371	197	46	rather	rather	ADV
ftr-371	197	47	only	only	ADV
ftr-371	197	48	across	across	ADP
ftr-371	197	49	locations	location	NOUN
ftr-371	197	50	b	b	NOUN
ftr-371	197	51	that	that	ADV
ftr-371	197	52	is	is	ADV
ftr-371	197	53	,	,	PUNCT
ftr-371	197	54	u.s	u.s	PROPN
ftr-371	197	55	.	.	PROPN
ftr-371	197	56	investors	investor	NOUN
ftr-371	197	57	could	could	AUX
ftr-371	197	58	not	not	PART
ftr-371	197	59	substitute	substitute	VERB
ftr-371	197	60	investment	investment	NOUN
ftr-371	197	61	abroad	abroad	ADV
ftr-371	197	62	through	through	ADP
ftr-371	197	63	foreign	foreign	ADJ
ftr-371	197	64	firms	firm	NOUN
ftr-371	197	65	for	for	ADP
ftr-371	197	66	investment	investment	NOUN
ftr-371	197	67	in	in	ADP
ftr-371	197	68	u.s	u.s	PROPN
ftr-371	197	69	.	.	PROPN
ftr-371	197	70	firms	firm	NOUN
ftr-371	197	71	with	with	ADP
ftr-371	197	72	foreign	foreign	ADJ
ftr-371	197	73	operations	operation	NOUN
ftr-371	197	74	.	.	PUNCT
ftr-371	198	1	to	to	PART
ftr-371	198	2	make	make	VERB
ftr-371	198	3	the	the	DET
ftr-371	198	4	argument	argument	NOUN
ftr-371	198	5	that	that	SCONJ
ftr-371	198	6	capital	capital	NOUN
ftr-371	198	7	ownership	ownership	NOUN
ftr-371	198	8	neutrality	neutrality	NOUN
ftr-371	198	9	(	(	PUNCT
ftr-371	198	10	and	and	CCONJ
ftr-371	198	11	therefore	therefore	ADV
ftr-371	198	12	source	source	NOUN
ftr-371	198	13	-	-	PUNCT
ftr-371	198	14	based	base	VERB
ftr-371	198	15	taxation	taxation	NOUN
ftr-371	198	16	)	)	PUNCT
ftr-371	198	17	should	should	AUX
ftr-371	198	18	be	be	AUX
ftr-371	198	19	the	the	DET
ftr-371	198	20	guiding	guiding	ADJ
ftr-371	198	21	principle	principle	NOUN
ftr-371	198	22	for	for	ADP
ftr-371	198	23	an	an	DET
ftr-371	198	24	efficient	efficient	ADJ
ftr-371	198	25	and	and	CCONJ
ftr-371	198	26	neutral	neutral	ADJ
ftr-371	198	27	tax	tax	NOUN
ftr-371	198	28	system	system	NOUN
ftr-371	198	29	,	,	PUNCT
ftr-371	198	30	three	three	NUM
ftr-371	198	31	requirements	requirement	NOUN
ftr-371	198	32	are	be	AUX
ftr-371	198	33	needed	need	VERB
ftr-371	198	34	.	.	PUNCT
ftr-371	199	1	first	first	ADV
ftr-371	199	2	,	,	PUNCT
ftr-371	199	3	firms	firm	NOUN
ftr-371	199	4	are	be	AUX
ftr-371	199	5	assumed	assume	VERB
ftr-371	199	6	not	not	PART
ftr-371	199	7	to	to	PART
ftr-371	199	8	substitute	substitute	VERB
ftr-371	199	9	operations	operation	NOUN
ftr-371	199	10	in	in	ADP
ftr-371	199	11	one	one	NUM
ftr-371	199	12	location	location	NOUN
ftr-371	199	13	for	for	ADP
ftr-371	199	14	those	those	PRON
ftr-371	199	15	in	in	ADP
ftr-371	199	16	another	another	DET
ftr-371	199	17	b	b	NOUN
ftr-371	199	18	capital	capital	NOUN
ftr-371	199	19	is	be	AUX
ftr-371	199	20	completely	completely	ADV
ftr-371	199	21	immobile	immobile	ADJ
ftr-371	199	22	across	across	ADP
ftr-371	199	23	locations	location	NOUN
ftr-371	199	24	.	.	PUNCT
ftr-371	200	1	second	second	ADJ
ftr-371	200	2	,	,	PUNCT
ftr-371	200	3	firms	firm	NOUN
ftr-371	200	4	must	must	AUX
ftr-371	200	5	differ	differ	VERB
ftr-371	200	6	in	in	ADP
ftr-371	200	7	their	their	PRON
ftr-371	200	8	productivity	productivity	NOUN
ftr-371	200	9	b	b	PROPN
ftr-371	200	10	that	that	ADV
ftr-371	200	11	is	is	ADV
ftr-371	200	12	,	,	PUNCT
ftr-371	200	13	some	some	DET
ftr-371	200	14	firms	firm	NOUN
ftr-371	200	15	are	be	AUX
ftr-371	200	16	more	more	ADV
ftr-371	200	17	efficient	efficient	ADJ
ftr-371	200	18	than	than	ADP
ftr-371	200	19	others	other	NOUN
ftr-371	200	20	b	b	NOUN
ftr-371	200	21	and	and	CCONJ
ftr-371	200	22	there	there	PRON
ftr-371	200	23	must	must	AUX
ftr-371	200	24	be	be	AUX
ftr-371	200	25	substitution	substitution	NOUN
ftr-371	200	26	across	across	ADP
ftr-371	200	27	portfolios	portfolio	NOUN
ftr-371	200	28	that	that	PRON
ftr-371	200	29	results	result	VERB
ftr-371	200	30	in	in	ADP
ftr-371	200	31	firms	firm	NOUN
ftr-371	200	32	being	be	AUX
ftr-371	200	33	shut	shut	VERB
ftr-371	200	34	out	out	ADP
ftr-371	200	35	of	of	ADP
ftr-371	200	36	lines	line	NOUN
ftr-371	200	37	-	-	PUNCT
ftr-371	200	38	of	of	ADP
ftr-371	200	39	-	-	PUNCT
ftr-371	200	40	business	business	NOUN
ftr-371	200	41	that	that	SCONJ
ftr-371	200	42	they	they	PRON
ftr-371	200	43	could	could	AUX
ftr-371	200	44	run	run	VERB
ftr-371	200	45	more	more	ADV
ftr-371	200	46	efficiently	efficiently	ADV
ftr-371	200	47	.	.	PUNCT
ftr-371	201	1	third	third	ADV
ftr-371	201	2	,	,	PUNCT
ftr-371	201	3	there	there	PRON
ftr-371	201	4	must	must	AUX
ftr-371	201	5	be	be	AUX
ftr-371	201	6	no	no	DET
ftr-371	201	7	mechanisms	mechanism	NOUN
ftr-371	201	8	available	available	ADJ
ftr-371	201	9	to	to	ADP
ftr-371	201	10	tax	tax	NOUN
ftr-371	201	11	journal	journal	NOUN
ftr-371	201	12	,	,	PUNCT
ftr-371	201	13	vol	vol	NOUN
ftr-371	201	14	.	.	PROPN
ftr-371	201	15	56	56	NUM
ftr-371	201	16	,	,	PUNCT
ftr-371	201	17	(	(	PUNCT
ftr-371	201	18	sep	sep	PROPN
ftr-371	201	19	.	.	PROPN
ftr-371	201	20	2003	2003	NUM
ftr-371	201	21	):	):	PUNCT
ftr-371	201	22	487	487	NUM
ftr-371	201	23	-	-	SYM
ftr-371	201	24	502	502	NUM
ftr-371	201	25	.	.	PUNCT
ftr-371	202	1	23	23	NUM
ftr-371	202	2	.	.	PUNCT
ftr-371	203	1	michael	michael	PROPN
ftr-371	203	2	p.	p.	PROPN
ftr-371	203	3	devereux	devereux	PROPN
ftr-371	203	4	,	,	PUNCT
ftr-371	203	5	“	"	PUNCT
ftr-371	203	6	capital	capital	NOUN
ftr-371	203	7	export	export	NOUN
ftr-371	203	8	neutrality	neutrality	NOUN
ftr-371	203	9	,	,	PUNCT
ftr-371	203	10	capital	capital	NOUN
ftr-371	203	11	import	import	NOUN
ftr-371	203	12	neutrality	neutrality	NOUN
ftr-371	203	13	,	,	PUNCT
ftr-371	203	14	capital	capital	NOUN
ftr-371	203	15	ownership	ownership	NOUN
ftr-371	203	16	neutrality	neutrality	NOUN
ftr-371	203	17	,	,	PUNCT
ftr-371	203	18	and	and	CCONJ
ftr-371	203	19	all	all	DET
ftr-371	203	20	that	that	PRON
ftr-371	203	21	,	,	PUNCT
ftr-371	203	22	”	"	PUNCT
ftr-371	203	23	unpublished	unpublished	ADJ
ftr-371	203	24	paper	paper	NOUN
ftr-371	203	25	,	,	PUNCT
ftr-371	203	26	jun	jun	PROPN
ftr-371	203	27	.	.	PROPN
ftr-371	203	28	11	11	NUM
ftr-371	203	29	,	,	PUNCT
ftr-371	203	30	1990	1990	NUM
ftr-371	203	31	.	.	PUNCT
ftr-371	204	1	24	24	NUM
ftr-371	204	2	.	.	PUNCT
ftr-371	205	1	daniel	daniel	PROPN
ftr-371	205	2	j.	j.	PROPN
ftr-371	205	3	frisch	frisch	PROPN
ftr-371	205	4	,	,	PUNCT
ftr-371	205	5	“	"	PUNCT
ftr-371	205	6	the	the	DET
ftr-371	205	7	economics	economic	NOUN
ftr-371	205	8	of	of	ADP
ftr-371	205	9	international	international	ADJ
ftr-371	205	10	tax	tax	NOUN
ftr-371	205	11	policy	policy	NOUN
ftr-371	205	12	:	:	PUNCT
ftr-371	205	13	some	some	DET
ftr-371	205	14	old	old	ADJ
ftr-371	205	15	and	and	CCONJ
ftr-371	205	16	new	new	ADJ
ftr-371	205	17	approaches	approach	NOUN
ftr-371	205	18	,	,	PUNCT
ftr-371	205	19	”	"	PUNCT
ftr-371	205	20	tax	tax	NOUN
ftr-371	205	21	notes	note	NOUN
ftr-371	205	22	,	,	PUNCT
ftr-371	205	23	apr	apr	PROPN
ftr-371	205	24	.	.	PROPN
ftr-371	205	25	30	30	NUM
ftr-371	205	26	,	,	PUNCT
ftr-371	205	27	1990	1990	NUM
ftr-371	205	28	,	,	PUNCT
ftr-371	205	29	pp	pp	ADJ
ftr-371	205	30	.	.	PUNCT
ftr-371	206	1	581	581	NUM
ftr-371	206	2	-	-	SYM
ftr-371	206	3	591	591	NUM
ftr-371	206	4	.	.	PUNCT
ftr-371	207	1	25	25	NUM
ftr-371	207	2	.	.	PUNCT
ftr-371	207	3	frisch	frisch	VERB
ftr-371	207	4	,	,	PUNCT
ftr-371	207	5	in	in	ADP
ftr-371	207	6	“	"	PUNCT
ftr-371	207	7	the	the	DET
ftr-371	207	8	economics	economic	NOUN
ftr-371	207	9	of	of	ADP
ftr-371	207	10	international	international	ADJ
ftr-371	207	11	tax	tax	NOUN
ftr-371	207	12	policy	policy	NOUN
ftr-371	207	13	:	:	PUNCT
ftr-371	207	14	some	some	DET
ftr-371	207	15	old	old	ADJ
ftr-371	207	16	and	and	CCONJ
ftr-371	207	17	new	new	ADJ
ftr-371	207	18	approaches	approach	NOUN
ftr-371	207	19	,	,	PUNCT
ftr-371	207	20	”	"	PUNCT
ftr-371	207	21	states	state	NOUN
ftr-371	207	22	,	,	PUNCT
ftr-371	207	23	“	"	PUNCT
ftr-371	207	24	in	in	ADP
ftr-371	207	25	short	short	ADJ
ftr-371	207	26	,	,	PUNCT
ftr-371	207	27	a	a	DET
ftr-371	207	28	major	major	ADJ
ftr-371	207	29	element	element	NOUN
ftr-371	207	30	of	of	ADP
ftr-371	207	31	the	the	DET
ftr-371	207	32	cin	cin	PROPN
ftr-371	207	33	view	view	NOUN
ftr-371	207	34	would	would	AUX
ftr-371	207	35	seem	seem	VERB
ftr-371	207	36	to	to	PART
ftr-371	207	37	possess	possess	VERB
ftr-371	207	38	a	a	DET
ftr-371	207	39	grain	grain	NOUN
ftr-371	207	40	of	of	ADP
ftr-371	207	41	truth	truth	NOUN
ftr-371	207	42	,	,	PUNCT
ftr-371	207	43	”	"	PUNCT
ftr-371	207	44	(	(	PUNCT
ftr-371	207	45	p.	p.	NOUN
ftr-371	207	46	590	590	NUM
ftr-371	207	47	)	)	PUNCT
ftr-371	207	48	referring	refer	VERB
ftr-371	207	49	to	to	ADP
ftr-371	207	50	the	the	DET
ftr-371	207	51	capital	capital	NOUN
ftr-371	207	52	import	import	NOUN
ftr-371	207	53	neutrality	neutrality	NOUN
ftr-371	207	54	framework	framework	NOUN
ftr-371	207	55	.	.	PUNCT
ftr-371	208	1	devereux	devereux	PROPN
ftr-371	208	2	,	,	PUNCT
ftr-371	208	3	in	in	ADP
ftr-371	208	4	“	"	PUNCT
ftr-371	208	5	capital	capital	NOUN
ftr-371	208	6	export	export	NOUN
ftr-371	208	7	neutrality	neutrality	NOUN
ftr-371	208	8	,	,	PUNCT
ftr-371	208	9	capital	capital	NOUN
ftr-371	208	10	import	import	NOUN
ftr-371	208	11	neutrality	neutrality	NOUN
ftr-371	208	12	,	,	PUNCT
ftr-371	208	13	capital	capital	NOUN
ftr-371	208	14	ownership	ownership	NOUN
ftr-371	208	15	neutrality	neutrality	NOUN
ftr-371	208	16	,	,	PUNCT
ftr-371	208	17	and	and	CCONJ
ftr-371	208	18	all	all	DET
ftr-371	208	19	that	that	PRON
ftr-371	208	20	,	,	PUNCT
ftr-371	208	21	”	"	PUNCT
ftr-371	208	22	indicated	indicate	VERB
ftr-371	208	23	that	that	SCONJ
ftr-371	208	24	he	he	PRON
ftr-371	208	25	originally	originally	ADV
ftr-371	208	26	attempted	attempt	VERB
ftr-371	208	27	to	to	PART
ftr-371	208	28	redefine	redefine	VERB
ftr-371	208	29	capital	capital	NOUN
ftr-371	208	30	import	import	NOUN
ftr-371	208	31	neutrality	neutrality	NOUN
ftr-371	208	32	to	to	PART
ftr-371	208	33	cover	cover	VERB
ftr-371	208	34	the	the	DET
ftr-371	208	35	capital	capital	NOUN
ftr-371	208	36	ownership	ownership	NOUN
ftr-371	208	37	neutrality	neutrality	NOUN
ftr-371	208	38	concept	concept	NOUN
ftr-371	208	39	.	.	PUNCT
ftr-371	209	1	26	26	NUM
ftr-371	209	2	.	.	PUNCT
ftr-371	210	1	the	the	DET
ftr-371	210	2	concepts	concept	NOUN
ftr-371	210	3	were	be	AUX
ftr-371	210	4	first	first	ADV
ftr-371	210	5	developed	develop	VERB
ftr-371	210	6	by	by	ADP
ftr-371	210	7	peggy	peggy	PROPN
ftr-371	210	8	musgrave	musgrave	PROPN
ftr-371	210	9	.	.	PROPN
ftr-371	211	1	see	see	VERB
ftr-371	211	2	,	,	PUNCT
ftr-371	211	3	for	for	ADP
ftr-371	211	4	example	example	NOUN
ftr-371	211	5	,	,	PUNCT
ftr-371	211	6	her	her	PRON
ftr-371	211	7	united	united	PROPN
ftr-371	211	8	states	states	PROPN
ftr-371	211	9	taxation	taxation	NOUN
ftr-371	211	10	of	of	ADP
ftr-371	211	11	foreign	foreign	ADJ
ftr-371	211	12	investment	investment	NOUN
ftr-371	211	13	income	income	NOUN
ftr-371	211	14	:	:	PUNCT
ftr-371	211	15	issues	issue	NOUN
ftr-371	211	16	and	and	CCONJ
ftr-371	211	17	arguments	argument	NOUN
ftr-371	211	18	(	(	PUNCT
ftr-371	211	19	cambridge	cambridge	PROPN
ftr-371	211	20	ma	ma	PROPN
ftr-371	211	21	:	:	PUNCT
ftr-371	211	22	harvard	harvard	PROPN
ftr-371	211	23	law	law	PROPN
ftr-371	211	24	school	school	NOUN
ftr-371	211	25	,	,	PUNCT
ftr-371	211	26	1969	1969	NUM
ftr-371	211	27	)	)	PUNCT
ftr-371	211	28	,	,	PUNCT
ftr-371	211	29	pp	pp	PROPN
ftr-371	211	30	.	.	PUNCT
ftr-371	212	1	108	108	NUM
ftr-371	212	2	-	-	SYM
ftr-371	212	3	121	121	NUM
ftr-371	212	4	.	.	PUNCT
ftr-371	213	1	27	27	NUM
ftr-371	213	2	.	.	PUNCT
ftr-371	213	3	jane	jane	PROPN
ftr-371	213	4	g.	g.	PROPN
ftr-371	213	5	gravelle	gravelle	PROPN
ftr-371	213	6	,	,	PUNCT
ftr-371	213	7	reform	reform	NOUN
ftr-371	213	8	of	of	ADP
ftr-371	213	9	international	international	ADJ
ftr-371	213	10	taxation	taxation	NOUN
ftr-371	213	11	:	:	PUNCT
ftr-371	213	12	alternatives	alternative	NOUN
ftr-371	213	13	,	,	PUNCT
ftr-371	213	14	congressional	congressional	ADJ
ftr-371	213	15	research	research	NOUN
ftr-371	213	16	service	service	NOUN
ftr-371	213	17	report	report	NOUN
ftr-371	213	18	rl34115	rl34115	NOUN
ftr-371	213	19	,	,	PUNCT
ftr-371	213	20	library	library	NOUN
ftr-371	213	21	of	of	ADP
ftr-371	213	22	congress	congress	PROPN
ftr-371	213	23	,	,	PUNCT
ftr-371	213	24	washington	washington	PROPN
ftr-371	213	25	,	,	PUNCT
ftr-371	213	26	d.c	d.c	PROPN
ftr-371	213	27	.	.	PROPN
ftr-371	213	28	2008	2008	NUM
ftr-371	213	29	.	.	PUNCT
ftr-371	214	1	480	480	NUM
ftr-371	214	2	florida	florida	PROPN
ftr-371	214	3	tax	tax	PROPN
ftr-371	214	4	review	review	NOUN
ftr-371	215	1	[	[	X
ftr-371	215	2	vol	vol	NOUN
ftr-371	215	3	.	.	PUNCT
ftr-371	215	4	9:5	9:5	NUM
ftr-371	215	5	obtain	obtain	VERB
ftr-371	215	6	the	the	DET
ftr-371	215	7	benefits	benefit	NOUN
ftr-371	215	8	of	of	ADP
ftr-371	215	9	productive	productive	ADJ
ftr-371	215	10	efficiency	efficiency	NOUN
ftr-371	215	11	b	b	NOUN
ftr-371	215	12	short	short	ADJ
ftr-371	215	13	of	of	ADP
ftr-371	215	14	owning	own	VERB
ftr-371	215	15	the	the	DET
ftr-371	215	16	productive	productive	ADJ
ftr-371	215	17	capital	capital	NOUN
ftr-371	215	18	assets	asset	NOUN
ftr-371	215	19	.	.	PUNCT
ftr-371	216	1	for	for	ADP
ftr-371	216	2	example	example	NOUN
ftr-371	216	3	,	,	PUNCT
ftr-371	216	4	relatively	relatively	ADV
ftr-371	216	5	inefficient	inefficient	ADJ
ftr-371	216	6	firms	firm	NOUN
ftr-371	216	7	can	can	AUX
ftr-371	216	8	not	not	PART
ftr-371	216	9	rent	rent	VERB
ftr-371	216	10	efficient	efficient	ADJ
ftr-371	216	11	technologies	technology	NOUN
ftr-371	216	12	or	or	CCONJ
ftr-371	216	13	hire	hire	VERB
ftr-371	216	14	efficient	efficient	ADJ
ftr-371	216	15	managers	manager	NOUN
ftr-371	216	16	away	away	ADV
ftr-371	216	17	from	from	ADP
ftr-371	216	18	efficient	efficient	ADJ
ftr-371	216	19	firms	firm	NOUN
ftr-371	216	20	.	.	PUNCT
ftr-371	217	1	if	if	SCONJ
ftr-371	217	2	only	only	ADV
ftr-371	217	3	the	the	DET
ftr-371	217	4	first	first	ADJ
ftr-371	217	5	requirement	requirement	NOUN
ftr-371	217	6	is	be	AUX
ftr-371	217	7	met	meet	VERB
ftr-371	217	8	(	(	PUNCT
ftr-371	217	9	immobility	immobility	NOUN
ftr-371	217	10	across	across	ADP
ftr-371	217	11	locations	location	NOUN
ftr-371	217	12	)	)	PUNCT
ftr-371	217	13	,	,	PUNCT
ftr-371	217	14	any	any	DET
ftr-371	217	15	system	system	NOUN
ftr-371	217	16	of	of	ADP
ftr-371	217	17	taxing	tax	VERB
ftr-371	217	18	investment	investment	NOUN
ftr-371	217	19	abroad	abroad	ADV
ftr-371	217	20	would	would	AUX
ftr-371	217	21	be	be	AUX
ftr-371	217	22	neutral	neutral	ADJ
ftr-371	217	23	because	because	SCONJ
ftr-371	217	24	the	the	DET
ftr-371	217	25	particular	particular	ADJ
ftr-371	217	26	distortion	distortion	NOUN
ftr-371	217	27	b	b	NOUN
ftr-371	217	28	allocation	allocation	NOUN
ftr-371	217	29	of	of	ADP
ftr-371	217	30	investment	investment	NOUN
ftr-371	217	31	across	across	ADP
ftr-371	217	32	locations	location	NOUN
ftr-371	217	33	b	b	NOUN
ftr-371	217	34	is	be	AUX
ftr-371	217	35	simply	simply	ADV
ftr-371	217	36	assumed	assume	VERB
ftr-371	217	37	away	away	ADV
ftr-371	217	38	.	.	PUNCT
ftr-371	218	1	it	it	PRON
ftr-371	218	2	does	do	AUX
ftr-371	218	3	not	not	PART
ftr-371	218	4	matter	matter	VERB
ftr-371	218	5	if	if	SCONJ
ftr-371	218	6	overseas	overseas	ADJ
ftr-371	218	7	operations	operation	NOUN
ftr-371	218	8	are	be	AUX
ftr-371	218	9	taxed	tax	VERB
ftr-371	218	10	higher	high	ADJ
ftr-371	218	11	or	or	CCONJ
ftr-371	218	12	lower	low	ADJ
ftr-371	218	13	than	than	ADP
ftr-371	218	14	domestic	domestic	ADJ
ftr-371	218	15	investment	investment	NOUN
ftr-371	218	16	,	,	PUNCT
ftr-371	218	17	because	because	SCONJ
ftr-371	218	18	investment	investment	NOUN
ftr-371	218	19	has	have	VERB
ftr-371	218	20	no	no	DET
ftr-371	218	21	reason	reason	NOUN
ftr-371	218	22	to	to	PART
ftr-371	218	23	move	move	VERB
ftr-371	218	24	.	.	PUNCT
ftr-371	219	1	residence	residence	NOUN
ftr-371	219	2	taxation	taxation	NOUN
ftr-371	219	3	would	would	AUX
ftr-371	219	4	be	be	AUX
ftr-371	219	5	efficient	efficient	ADJ
ftr-371	219	6	as	as	ADV
ftr-371	219	7	well	well	ADV
ftr-371	219	8	as	as	ADP
ftr-371	219	9	source	source	NOUN
ftr-371	219	10	-	-	PUNCT
ftr-371	219	11	based	base	VERB
ftr-371	219	12	taxation	taxation	NOUN
ftr-371	219	13	,	,	PUNCT
ftr-371	219	14	because	because	SCONJ
ftr-371	219	15	the	the	DET
ftr-371	219	16	national	national	ADJ
ftr-371	219	17	affiliation	affiliation	NOUN
ftr-371	219	18	of	of	ADP
ftr-371	219	19	firms	firm	NOUN
ftr-371	219	20	would	would	AUX
ftr-371	219	21	not	not	PART
ftr-371	219	22	matter	matter	VERB
ftr-371	219	23	to	to	ADP
ftr-371	219	24	productivity	productivity	NOUN
ftr-371	219	25	(	(	PUNCT
ftr-371	219	26	although	although	SCONJ
ftr-371	219	27	residence	residence	NOUN
ftr-371	219	28	taxation	taxation	NOUN
ftr-371	219	29	would	would	AUX
ftr-371	219	30	not	not	PART
ftr-371	219	31	be	be	AUX
ftr-371	219	32	optimal	optimal	ADJ
ftr-371	219	33	for	for	ADP
ftr-371	219	34	the	the	DET
ftr-371	219	35	high	high	ADJ
ftr-371	219	36	-	-	PUNCT
ftr-371	219	37	tax	tax	NOUN
ftr-371	219	38	country	country	NOUN
ftr-371	219	39	which	which	PRON
ftr-371	219	40	would	would	AUX
ftr-371	219	41	have	have	VERB
ftr-371	219	42	no	no	DET
ftr-371	219	43	revenues).28	revenues).28	NOUN
ftr-371	219	44	if	if	SCONJ
ftr-371	219	45	the	the	DET
ftr-371	219	46	two	two	NUM
ftr-371	219	47	remaining	remain	VERB
ftr-371	219	48	assumptions	assumption	NOUN
ftr-371	219	49	also	also	ADV
ftr-371	219	50	apply	apply	VERB
ftr-371	219	51	b	b	PROPN
ftr-371	219	52	productivity	productivity	NOUN
ftr-371	219	53	differs	differ	NOUN
ftr-371	219	54	and	and	CCONJ
ftr-371	219	55	no	no	DET
ftr-371	219	56	mechanisms	mechanism	NOUN
ftr-371	219	57	exist	exist	VERB
ftr-371	219	58	to	to	PART
ftr-371	219	59	boost	boost	VERB
ftr-371	219	60	efficiency	efficiency	NOUN
ftr-371	219	61	b	b	NOUN
ftr-371	219	62	residence	residence	NOUN
ftr-371	219	63	-	-	PUNCT
ftr-371	219	64	based	base	VERB
ftr-371	219	65	taxation	taxation	NOUN
ftr-371	219	66	is	be	AUX
ftr-371	219	67	inefficient	inefficient	ADJ
ftr-371	219	68	while	while	SCONJ
ftr-371	219	69	source	source	NOUN
ftr-371	219	70	-	-	PUNCT
ftr-371	219	71	based	base	VERB
ftr-371	219	72	taxation	taxation	NOUN
ftr-371	219	73	produces	produce	VERB
ftr-371	219	74	efficiency	efficiency	NOUN
ftr-371	219	75	.	.	PUNCT
ftr-371	220	1	with	with	ADP
ftr-371	220	2	residence	residence	NOUN
ftr-371	220	3	-	-	PUNCT
ftr-371	220	4	based	base	VERB
ftr-371	220	5	taxation	taxation	NOUN
ftr-371	220	6	,	,	PUNCT
ftr-371	220	7	the	the	DET
ftr-371	220	8	after	after	ADP
ftr-371	220	9	-	-	PUNCT
ftr-371	220	10	tax	tax	NOUN
ftr-371	220	11	return	return	NOUN
ftr-371	220	12	of	of	ADP
ftr-371	220	13	the	the	DET
ftr-371	220	14	high	high	ADJ
ftr-371	220	15	-	-	PUNCT
ftr-371	220	16	tax	tax	NOUN
ftr-371	220	17	country	country	NOUN
ftr-371	220	18	=	=	SYM
ftr-371	220	19	s	s	PART
ftr-371	220	20	productive	productive	ADJ
ftr-371	220	21	firms	firm	NOUN
ftr-371	220	22	in	in	ADP
ftr-371	220	23	the	the	DET
ftr-371	220	24	above	above	ADJ
ftr-371	220	25	example	example	NOUN
ftr-371	220	26	,	,	PUNCT
ftr-371	220	27	would	would	AUX
ftr-371	220	28	still	still	ADV
ftr-371	220	29	not	not	PART
ftr-371	220	30	be	be	AUX
ftr-371	220	31	enough	enough	ADJ
ftr-371	220	32	to	to	PART
ftr-371	220	33	sell	sell	VERB
ftr-371	220	34	shares	share	NOUN
ftr-371	220	35	of	of	ADP
ftr-371	220	36	stock	stock	NOUN
ftr-371	220	37	in	in	ADP
ftr-371	220	38	some	some	DET
ftr-371	220	39	cases	case	NOUN
ftr-371	220	40	.	.	PUNCT
ftr-371	221	1	for	for	ADP
ftr-371	221	2	example	example	NOUN
ftr-371	221	3	,	,	PUNCT
ftr-371	221	4	in	in	ADP
ftr-371	221	5	the	the	DET
ftr-371	221	6	earlier	early	ADJ
ftr-371	221	7	two	two	NUM
ftr-371	221	8	-	-	PUNCT
ftr-371	221	9	country	country	NOUN
ftr-371	221	10	illustration	illustration	NOUN
ftr-371	221	11	,	,	PUNCT
ftr-371	221	12	if	if	SCONJ
ftr-371	221	13	the	the	DET
ftr-371	221	14	pre	pre	ADJ
ftr-371	221	15	-	-	ADJ
ftr-371	221	16	tax	tax	ADJ
ftr-371	221	17	return	return	NOUN
ftr-371	221	18	were	be	AUX
ftr-371	221	19	12	12	NUM
ftr-371	221	20	%	%	NOUN
ftr-371	221	21	,	,	PUNCT
ftr-371	221	22	the	the	DET
ftr-371	221	23	after	after	ADP
ftr-371	221	24	tax	tax	NOUN
ftr-371	221	25	return	return	NOUN
ftr-371	221	26	of	of	ADP
ftr-371	221	27	6	6	NUM
ftr-371	221	28	%	%	NOUN
ftr-371	221	29	in	in	ADP
ftr-371	221	30	the	the	DET
ftr-371	221	31	high	high	ADJ
ftr-371	221	32	-	-	PUNCT
ftr-371	221	33	tax	tax	NOUN
ftr-371	221	34	country	country	NOUN
ftr-371	221	35	would	would	AUX
ftr-371	221	36	not	not	PART
ftr-371	221	37	be	be	AUX
ftr-371	221	38	enough	enough	ADJ
ftr-371	221	39	for	for	SCONJ
ftr-371	221	40	these	these	DET
ftr-371	221	41	firms	firm	NOUN
ftr-371	221	42	to	to	PART
ftr-371	221	43	operate	operate	VERB
ftr-371	221	44	given	give	VERB
ftr-371	221	45	the	the	DET
ftr-371	221	46	return	return	NOUN
ftr-371	221	47	of	of	ADP
ftr-371	221	48	at	at	ADV
ftr-371	221	49	least	least	ADV
ftr-371	221	50	7.5	7.5	NUM
ftr-371	221	51	%	%	NOUN
ftr-371	221	52	for	for	ADP
ftr-371	221	53	investments	investment	NOUN
ftr-371	221	54	of	of	ADP
ftr-371	221	55	corporations	corporation	NOUN
ftr-371	221	56	of	of	ADP
ftr-371	221	57	the	the	DET
ftr-371	221	58	low	low	ADJ
ftr-371	221	59	-	-	PUNCT
ftr-371	221	60	tax	tax	NOUN
ftr-371	221	61	country	country	NOUN
ftr-371	221	62	with	with	ADP
ftr-371	221	63	a	a	DET
ftr-371	221	64	pre	pre	ADJ
ftr-371	221	65	-	-	ADJ
ftr-371	221	66	tax	tax	ADJ
ftr-371	221	67	return	return	NOUN
ftr-371	221	68	of	of	ADP
ftr-371	221	69	10	10	NUM
ftr-371	221	70	%	%	NOUN
ftr-371	221	71	.	.	PUNCT
ftr-371	222	1	if	if	SCONJ
ftr-371	222	2	the	the	DET
ftr-371	222	3	only	only	ADJ
ftr-371	222	4	way	way	NOUN
ftr-371	222	5	to	to	PART
ftr-371	222	6	realize	realize	VERB
ftr-371	222	7	the	the	DET
ftr-371	222	8	higher	high	ADJ
ftr-371	222	9	return	return	NOUN
ftr-371	222	10	is	be	AUX
ftr-371	222	11	to	to	PART
ftr-371	222	12	own	own	VERB
ftr-371	222	13	the	the	DET
ftr-371	222	14	capital	capital	NOUN
ftr-371	222	15	,	,	PUNCT
ftr-371	222	16	the	the	DET
ftr-371	222	17	higher	high	ADJ
ftr-371	222	18	pre	pre	ADJ
ftr-371	222	19	-	-	ADJ
ftr-371	222	20	tax	tax	ADJ
ftr-371	222	21	yields	yield	NOUN
ftr-371	222	22	of	of	ADP
ftr-371	222	23	these	these	DET
ftr-371	222	24	more	more	ADV
ftr-371	222	25	efficient	efficient	ADJ
ftr-371	222	26	firms	firm	NOUN
ftr-371	222	27	would	would	AUX
ftr-371	222	28	not	not	PART
ftr-371	222	29	be	be	AUX
ftr-371	222	30	realized	realize	VERB
ftr-371	222	31	.	.	PUNCT
ftr-371	223	1	with	with	ADP
ftr-371	223	2	source	source	NOUN
ftr-371	223	3	-	-	PUNCT
ftr-371	223	4	based	base	VERB
ftr-371	223	5	taxation	taxation	NOUN
ftr-371	223	6	,	,	PUNCT
ftr-371	223	7	the	the	DET
ftr-371	223	8	efficient	efficient	ADJ
ftr-371	223	9	firms	firm	NOUN
ftr-371	223	10	in	in	ADP
ftr-371	223	11	each	each	DET
ftr-371	223	12	country	country	NOUN
ftr-371	223	13	would	would	AUX
ftr-371	223	14	operate	operate	VERB
ftr-371	223	15	and	and	CCONJ
ftr-371	223	16	displace	displace	VERB
ftr-371	223	17	the	the	DET
ftr-371	223	18	less	less	ADV
ftr-371	223	19	efficient	efficient	ADJ
ftr-371	223	20	ones	one	NOUN
ftr-371	223	21	.	.	PUNCT
ftr-371	224	1	in	in	ADP
ftr-371	224	2	the	the	DET
ftr-371	224	3	more	more	ADV
ftr-371	224	4	realistic	realistic	ADJ
ftr-371	224	5	tax	tax	NOUN
ftr-371	224	6	systems	system	NOUN
ftr-371	224	7	where	where	SCONJ
ftr-371	224	8	countries	country	NOUN
ftr-371	224	9	also	also	ADV
ftr-371	224	10	tax	tax	VERB
ftr-371	224	11	capital	capital	NOUN
ftr-371	224	12	income	income	NOUN
ftr-371	224	13	in	in	ADP
ftr-371	224	14	their	their	PRON
ftr-371	224	15	own	own	ADJ
ftr-371	224	16	location	location	NOUN
ftr-371	224	17	,	,	PUNCT
ftr-371	224	18	the	the	DET
ftr-371	224	19	high	high	ADJ
ftr-371	224	20	-	-	PUNCT
ftr-371	224	21	tax	tax	NOUN
ftr-371	224	22	country	country	NOUN
ftr-371	224	23	=	=	SYM
ftr-371	224	24	s	s	PART
ftr-371	224	25	especially	especially	ADV
ftr-371	224	26	productive	productive	ADJ
ftr-371	224	27	firms	firm	NOUN
ftr-371	224	28	would	would	AUX
ftr-371	224	29	still	still	ADV
ftr-371	224	30	operate	operate	VERB
ftr-371	224	31	in	in	ADP
ftr-371	224	32	their	their	PRON
ftr-371	224	33	own	own	ADJ
ftr-371	224	34	country	country	NOUN
ftr-371	224	35	.	.	PUNCT
ftr-371	225	1	that	that	PRON
ftr-371	225	2	is	is	ADV
ftr-371	225	3	,	,	PUNCT
ftr-371	225	4	by	by	ADP
ftr-371	225	5	taxing	tax	VERB
ftr-371	225	6	income	income	NOUN
ftr-371	225	7	within	within	ADP
ftr-371	225	8	its	its	PRON
ftr-371	225	9	borders	border	NOUN
ftr-371	225	10	,	,	PUNCT
ftr-371	225	11	a	a	DET
ftr-371	225	12	hightax	hightax	NOUN
ftr-371	225	13	country	country	NOUN
ftr-371	225	14	that	that	PRON
ftr-371	225	15	is	be	AUX
ftr-371	225	16	attempting	attempt	VERB
ftr-371	225	17	to	to	PART
ftr-371	225	18	practice	practice	VERB
ftr-371	225	19	capital	capital	NOUN
ftr-371	225	20	export	export	NOUN
ftr-371	225	21	neutrality	neutrality	NOUN
ftr-371	225	22	with	with	ADP
ftr-371	225	23	a	a	DET
ftr-371	225	24	worldwide	worldwide	ADJ
ftr-371	225	25	tax	tax	NOUN
ftr-371	225	26	still	still	ADV
ftr-371	225	27	faces	face	VERB
ftr-371	225	28	neutral	neutral	ADJ
ftr-371	225	29	ground	ground	NOUN
ftr-371	225	30	in	in	ADP
ftr-371	225	31	its	its	PRON
ftr-371	225	32	home	home	NOUN
ftr-371	225	33	country	country	NOUN
ftr-371	225	34	.	.	PUNCT
ftr-371	226	1	thus	thus	ADV
ftr-371	226	2	,	,	PUNCT
ftr-371	226	3	any	any	DET
ftr-371	226	4	distortion	distortion	NOUN
ftr-371	226	5	arising	arise	VERB
ftr-371	226	6	in	in	ADP
ftr-371	226	7	practice	practice	NOUN
ftr-371	226	8	from	from	ADP
ftr-371	226	9	the	the	DET
ftr-371	226	10	current	current	ADJ
ftr-371	226	11	system	system	NOUN
ftr-371	226	12	would	would	AUX
ftr-371	226	13	involve	involve	VERB
ftr-371	226	14	foreign	foreign	ADJ
ftr-371	226	15	firms	firm	NOUN
ftr-371	226	16	and	and	CCONJ
ftr-371	226	17	the	the	DET
ftr-371	226	18	solution	solution	NOUN
ftr-371	226	19	of	of	ADP
ftr-371	226	20	exempting	exempt	VERB
ftr-371	226	21	foreign	foreign	ADJ
ftr-371	226	22	-	-	PUNCT
ftr-371	226	23	source	source	NOUN
ftr-371	226	24	income	income	NOUN
ftr-371	226	25	from	from	ADP
ftr-371	226	26	tax	tax	NOUN
ftr-371	226	27	is	be	AUX
ftr-371	226	28	the	the	DET
ftr-371	226	29	solution	solution	NOUN
ftr-371	226	30	consistent	consistent	ADJ
ftr-371	226	31	with	with	ADP
ftr-371	226	32	capital	capital	NOUN
ftr-371	226	33	ownership	ownership	NOUN
ftr-371	226	34	neutrality	neutrality	NOUN
ftr-371	226	35	.	.	PUNCT
ftr-371	227	1	consider	consider	VERB
ftr-371	227	2	each	each	PRON
ftr-371	227	3	of	of	ADP
ftr-371	227	4	the	the	DET
ftr-371	227	5	restrictions	restriction	NOUN
ftr-371	227	6	in	in	ADP
ftr-371	227	7	turn	turn	NOUN
ftr-371	227	8	.	.	PUNCT
ftr-371	228	1	the	the	DET
ftr-371	228	2	first	first	ADJ
ftr-371	228	3	is	be	AUX
ftr-371	228	4	the	the	DET
ftr-371	228	5	assumption	assumption	NOUN
ftr-371	228	6	that	that	SCONJ
ftr-371	228	7	capital	capital	NOUN
ftr-371	228	8	is	be	AUX
ftr-371	228	9	immobile	immobile	ADJ
ftr-371	228	10	across	across	ADP
ftr-371	228	11	locations	location	NOUN
ftr-371	228	12	;	;	PUNCT
ftr-371	228	13	yet	yet	CCONJ
ftr-371	228	14	,	,	PUNCT
ftr-371	228	15	there	there	PRON
ftr-371	228	16	is	be	VERB
ftr-371	228	17	a	a	DET
ftr-371	228	18	large	large	ADJ
ftr-371	228	19	body	body	NOUN
ftr-371	228	20	of	of	ADP
ftr-371	228	21	evidence	evidence	NOUN
ftr-371	228	22	that	that	PRON
ftr-371	228	23	suggests	suggest	VERB
ftr-371	228	24	that	that	SCONJ
ftr-371	228	25	the	the	DET
ftr-371	228	26	location	location	NOUN
ftr-371	228	27	of	of	ADP
ftr-371	228	28	capital	capital	NOUN
ftr-371	228	29	does	do	AUX
ftr-371	228	30	respond	respond	VERB
ftr-371	228	31	to	to	ADP
ftr-371	228	32	taxes	taxis	NOUN
ftr-371	228	33	,	,	PUNCT
ftr-371	228	34	although	although	SCONJ
ftr-371	228	35	the	the	DET
ftr-371	228	36	response	response	NOUN
ftr-371	228	37	is	be	AUX
ftr-371	228	38	not	not	PART
ftr-371	228	39	large	large	ADJ
ftr-371	228	40	,	,	PUNCT
ftr-371	228	41	and	and	CCONJ
ftr-371	228	42	the	the	DET
ftr-371	228	43	empirical	empirical	ADJ
ftr-371	228	44	estimates	estimate	NOUN
ftr-371	228	45	vary	vary	VERB
ftr-371	228	46	across	across	ADP
ftr-371	228	47	studies.29	studies.29	PROPN
ftr-371	228	48	so	so	ADV
ftr-371	228	49	,	,	PUNCT
ftr-371	228	50	at	at	ADP
ftr-371	228	51	best	good	ADJ
ftr-371	228	52	,	,	PUNCT
ftr-371	228	53	it	it	PRON
ftr-371	228	54	28	28	NUM
ftr-371	228	55	.	.	PUNCT
ftr-371	229	1	this	this	DET
ftr-371	229	2	optimality	optimality	NOUN
ftr-371	229	3	issue	issue	NOUN
ftr-371	229	4	has	have	AUX
ftr-371	229	5	also	also	ADV
ftr-371	229	6	been	be	AUX
ftr-371	229	7	addressed	address	VERB
ftr-371	229	8	with	with	ADP
ftr-371	229	9	the	the	DET
ftr-371	229	10	notion	notion	NOUN
ftr-371	229	11	of	of	ADP
ftr-371	229	12	national	national	ADJ
ftr-371	229	13	ownership	ownership	NOUN
ftr-371	229	14	neutrality	neutrality	NOUN
ftr-371	229	15	,	,	PUNCT
ftr-371	229	16	which	which	PRON
ftr-371	229	17	indicates	indicate	VERB
ftr-371	229	18	that	that	SCONJ
ftr-371	229	19	it	it	PRON
ftr-371	229	20	is	be	AUX
ftr-371	229	21	both	both	CCONJ
ftr-371	229	22	efficient	efficient	ADJ
ftr-371	229	23	and	and	CCONJ
ftr-371	229	24	optimal	optimal	ADJ
ftr-371	229	25	to	to	PART
ftr-371	229	26	have	have	AUX
ftr-371	229	27	sourcebased	sourcebase	VERB
ftr-371	229	28	taxation	taxation	NOUN
ftr-371	229	29	.	.	PUNCT
ftr-371	230	1	29	29	NUM
ftr-371	230	2	.	.	PUNCT
ftr-371	231	1	this	this	DET
ftr-371	231	2	literature	literature	NOUN
ftr-371	231	3	is	be	AUX
ftr-371	231	4	reviewed	review	VERB
ftr-371	231	5	in	in	ADP
ftr-371	231	6	organization	organization	NOUN
ftr-371	231	7	for	for	ADP
ftr-371	231	8	economic	economic	ADJ
ftr-371	231	9	development	development	NOUN
ftr-371	231	10	and	and	CCONJ
ftr-371	231	11	cooperation	cooperation	NOUN
ftr-371	231	12	(	(	PUNCT
ftr-371	231	13	oecd	oecd	PROPN
ftr-371	231	14	)	)	PUNCT
ftr-371	231	15	,	,	PUNCT
ftr-371	231	16	tax	tax	NOUN
ftr-371	231	17	effects	effect	NOUN
ftr-371	231	18	on	on	ADP
ftr-371	231	19	foreign	foreign	ADJ
ftr-371	231	20	direct	direct	ADJ
ftr-371	231	21	investment	investment	NOUN
ftr-371	231	22	:	:	PUNCT
ftr-371	231	23	recent	recent	ADJ
ftr-371	231	24	evidence	evidence	NOUN
ftr-371	231	25	and	and	CCONJ
ftr-371	231	26	policy	policy	NOUN
ftr-371	231	27	analysis	analysis	NOUN
ftr-371	231	28	,	,	PUNCT
ftr-371	231	29	oecd	oecd	PROPN
ftr-371	231	30	tax	tax	NOUN
ftr-371	231	31	policy	policy	NOUN
ftr-371	231	32	studies	study	NOUN
ftr-371	231	33	,	,	PUNCT
ftr-371	231	34	no	no	INTJ
ftr-371	231	35	.	.	PROPN
ftr-371	231	36	17	17	NUM
ftr-371	231	37	,	,	PUNCT
ftr-371	231	38	2007	2007	NUM
ftr-371	231	39	.	.	PUNCT
ftr-371	232	1	the	the	DET
ftr-371	232	2	mean	mean	NOUN
ftr-371	232	3	of	of	ADP
ftr-371	232	4	all	all	DET
ftr-371	232	5	elasticities	elasticity	NOUN
ftr-371	232	6	(	(	PUNCT
ftr-371	232	7	p.12	p.12	X
ftr-371	232	8	)	)	PUNCT
ftr-371	232	9	is	be	AUX
ftr-371	232	10	0.75	0.75	NUM
ftr-371	232	11	,	,	PUNCT
ftr-371	232	12	although	although	SCONJ
ftr-371	232	13	the	the	DET
ftr-371	232	14	elasticity	elasticity	NOUN
ftr-371	232	15	estimates	estimate	NOUN
ftr-371	232	16	vary	vary	VERB
ftr-371	232	17	considerably	considerably	ADV
ftr-371	232	18	and	and	CCONJ
ftr-371	232	19	are	be	AUX
ftr-371	232	20	statistically	statistically	ADV
ftr-371	232	21	significant	significant	ADJ
ftr-371	232	22	only	only	ADV
ftr-371	232	23	about	about	ADP
ftr-371	232	24	half	half	DET
ftr-371	232	25	the	the	DET
ftr-371	232	26	time	time	NOUN
ftr-371	232	27	.	.	PUNCT
ftr-371	233	1	this	this	DET
ftr-371	233	2	elasticity	elasticity	NOUN
ftr-371	233	3	is	be	AUX
ftr-371	233	4	quite	quite	ADV
ftr-371	233	5	small	small	ADJ
ftr-371	233	6	,	,	PUNCT
ftr-371	233	7	although	although	SCONJ
ftr-371	233	8	the	the	DET
ftr-371	233	9	elasticities	elasticity	NOUN
ftr-371	233	10	appear	appear	VERB
ftr-371	233	11	to	to	PART
ftr-371	233	12	be	be	AUX
ftr-371	233	13	rising	rise	VERB
ftr-371	233	14	over	over	ADP
ftr-371	233	15	time	time	NOUN
ftr-371	233	16	.	.	PUNCT
ftr-371	234	1	2009	2009	NUM
ftr-371	234	2	]	]	PUNCT
ftr-371	234	3	international	international	ADJ
ftr-371	234	4	corporate	corporate	ADJ
ftr-371	234	5	tax	tax	NOUN
ftr-371	234	6	reform	reform	NOUN
ftr-371	234	7	481	481	NUM
ftr-371	234	8	would	would	AUX
ftr-371	234	9	be	be	AUX
ftr-371	234	10	a	a	DET
ftr-371	234	11	question	question	NOUN
ftr-371	234	12	of	of	ADP
ftr-371	234	13	picking	pick	VERB
ftr-371	234	14	which	which	DET
ftr-371	234	15	type	type	NOUN
ftr-371	234	16	of	of	ADP
ftr-371	234	17	distortion	distortion	NOUN
ftr-371	234	18	is	be	AUX
ftr-371	234	19	worse	bad	ADJ
ftr-371	234	20	.	.	PUNCT
ftr-371	235	1	as	as	ADV
ftr-371	235	2	long	long	ADV
ftr-371	235	3	as	as	SCONJ
ftr-371	235	4	capital	capital	NOUN
ftr-371	235	5	is	be	AUX
ftr-371	235	6	mobile	mobile	ADJ
ftr-371	235	7	across	across	ADP
ftr-371	235	8	jurisdictions	jurisdiction	NOUN
ftr-371	235	9	,	,	PUNCT
ftr-371	235	10	“	"	PUNCT
ftr-371	235	11	capital	capital	NOUN
ftr-371	235	12	ownership	ownership	NOUN
ftr-371	235	13	neutrality	neutrality	NOUN
ftr-371	235	14	”	"	PUNCT
ftr-371	235	15	is	be	AUX
ftr-371	235	16	not	not	PART
ftr-371	235	17	neutral	neutral	ADJ
ftr-371	235	18	.	.	PUNCT
ftr-371	236	1	at	at	ADP
ftr-371	236	2	most	most	ADV
ftr-371	236	3	,	,	PUNCT
ftr-371	236	4	the	the	DET
ftr-371	236	5	model	model	NOUN
ftr-371	236	6	shows	show	VERB
ftr-371	236	7	that	that	SCONJ
ftr-371	236	8	there	there	PRON
ftr-371	236	9	is	be	VERB
ftr-371	236	10	no	no	DET
ftr-371	236	11	way	way	NOUN
ftr-371	236	12	to	to	PART
ftr-371	236	13	achieve	achieve	VERB
ftr-371	236	14	neutrality	neutrality	NOUN
ftr-371	236	15	with	with	ADP
ftr-371	236	16	a	a	DET
ftr-371	236	17	corporate	corporate	ADJ
ftr-371	236	18	tax	tax	NOUN
ftr-371	236	19	and	and	CCONJ
ftr-371	236	20	that	that	PRON
ftr-371	236	21	one	one	NOUN
ftr-371	236	22	is	be	AUX
ftr-371	236	23	in	in	ADP
ftr-371	236	24	a	a	DET
ftr-371	236	25	second	second	ADV
ftr-371	236	26	-	-	PUNCT
ftr-371	236	27	best	good	ADJ
ftr-371	236	28	world	world	NOUN
ftr-371	236	29	.	.	PUNCT
ftr-371	237	1	the	the	DET
ftr-371	237	2	second	second	ADJ
ftr-371	237	3	restriction	restriction	NOUN
ftr-371	237	4	requires	require	VERB
ftr-371	237	5	a	a	DET
ftr-371	237	6	high	high	ADJ
ftr-371	237	7	,	,	PUNCT
ftr-371	237	8	perhaps	perhaps	ADV
ftr-371	237	9	perfect	perfect	ADJ
ftr-371	237	10	,	,	PUNCT
ftr-371	237	11	degree	degree	NOUN
ftr-371	237	12	of	of	ADP
ftr-371	237	13	substitution	substitution	NOUN
ftr-371	237	14	in	in	ADP
ftr-371	237	15	portfolios	portfolio	NOUN
ftr-371	237	16	of	of	ADP
ftr-371	237	17	different	different	ADJ
ftr-371	237	18	types	type	NOUN
ftr-371	237	19	of	of	ADP
ftr-371	237	20	stocks	stock	NOUN
ftr-371	237	21	that	that	PRON
ftr-371	237	22	would	would	AUX
ftr-371	237	23	lead	lead	VERB
ftr-371	237	24	to	to	ADP
ftr-371	237	25	the	the	DET
ftr-371	237	26	exclusion	exclusion	NOUN
ftr-371	237	27	of	of	ADP
ftr-371	237	28	stock	stock	NOUN
ftr-371	237	29	of	of	ADP
ftr-371	237	30	high	high	ADJ
ftr-371	237	31	-	-	PUNCT
ftr-371	237	32	tax	tax	NOUN
ftr-371	237	33	countries	country	NOUN
ftr-371	237	34	.	.	PUNCT
ftr-371	238	1	the	the	DET
ftr-371	238	2	fact	fact	NOUN
ftr-371	238	3	that	that	SCONJ
ftr-371	238	4	the	the	DET
ftr-371	238	5	portfolio	portfolio	NOUN
ftr-371	238	6	share	share	NOUN
ftr-371	238	7	has	have	AUX
ftr-371	238	8	grown	grow	VERB
ftr-371	238	9	does	do	AUX
ftr-371	238	10	not	not	PART
ftr-371	238	11	,	,	PUNCT
ftr-371	238	12	in	in	ADP
ftr-371	238	13	itself	itself	PRON
ftr-371	238	14	,	,	PUNCT
ftr-371	238	15	provide	provide	VERB
ftr-371	238	16	evidence	evidence	NOUN
ftr-371	238	17	of	of	ADP
ftr-371	238	18	a	a	DET
ftr-371	238	19	significant	significant	ADJ
ftr-371	238	20	elasticity	elasticity	NOUN
ftr-371	238	21	;	;	PUNCT
ftr-371	238	22	rather	rather	ADV
ftr-371	238	23	,	,	PUNCT
ftr-371	238	24	it	it	PRON
ftr-371	238	25	may	may	AUX
ftr-371	238	26	reflect	reflect	VERB
ftr-371	238	27	a	a	DET
ftr-371	238	28	variety	variety	NOUN
ftr-371	238	29	of	of	ADP
ftr-371	238	30	technical	technical	ADJ
ftr-371	238	31	and	and	CCONJ
ftr-371	238	32	institutional	institutional	ADJ
ftr-371	238	33	changes	change	NOUN
ftr-371	238	34	that	that	PRON
ftr-371	238	35	make	make	VERB
ftr-371	238	36	holding	hold	VERB
ftr-371	238	37	foreign	foreign	ADJ
ftr-371	238	38	stocks	stock	NOUN
ftr-371	238	39	more	more	ADV
ftr-371	238	40	feasible	feasible	ADJ
ftr-371	238	41	.	.	PUNCT
ftr-371	239	1	(	(	PUNCT
ftr-371	239	2	the	the	DET
ftr-371	239	3	shares	share	NOUN
ftr-371	239	4	can	can	AUX
ftr-371	239	5	also	also	ADV
ftr-371	239	6	fluctuate	fluctuate	VERB
ftr-371	239	7	with	with	ADP
ftr-371	239	8	stock	stock	NOUN
ftr-371	239	9	market	market	NOUN
ftr-371	239	10	values	value	NOUN
ftr-371	239	11	)	)	PUNCT
ftr-371	239	12	.	.	PUNCT
ftr-371	240	1	there	there	PRON
ftr-371	240	2	is	be	VERB
ftr-371	240	3	considerable	considerable	ADJ
ftr-371	240	4	evidence	evidence	NOUN
ftr-371	240	5	to	to	PART
ftr-371	240	6	suggest	suggest	VERB
ftr-371	240	7	that	that	SCONJ
ftr-371	240	8	such	such	ADJ
ftr-371	240	9	perfect	perfect	ADJ
ftr-371	240	10	substitution	substitution	NOUN
ftr-371	240	11	is	be	AUX
ftr-371	240	12	not	not	PART
ftr-371	240	13	the	the	DET
ftr-371	240	14	case	case	NOUN
ftr-371	240	15	.	.	PUNCT
ftr-371	241	1	if	if	SCONJ
ftr-371	241	2	it	it	PRON
ftr-371	241	3	were	be	AUX
ftr-371	241	4	,	,	PUNCT
ftr-371	241	5	investors	investor	NOUN
ftr-371	241	6	around	around	ADP
ftr-371	241	7	the	the	DET
ftr-371	241	8	world	world	NOUN
ftr-371	241	9	would	would	AUX
ftr-371	241	10	tend	tend	VERB
ftr-371	241	11	to	to	PART
ftr-371	241	12	hold	hold	VERB
ftr-371	241	13	shares	share	NOUN
ftr-371	241	14	of	of	ADP
ftr-371	241	15	different	different	ADJ
ftr-371	241	16	country	country	NOUN
ftr-371	241	17	=	=	SYM
ftr-371	241	18	s	s	PART
ftr-371	241	19	firm	firm	NOUN
ftr-371	241	20	=	=	SYM
ftr-371	241	21	s	s	NOUN
ftr-371	241	22	stocks	stock	NOUN
ftr-371	241	23	in	in	ADP
ftr-371	241	24	proportions	proportion	NOUN
ftr-371	241	25	reflecting	reflect	VERB
ftr-371	241	26	their	their	PRON
ftr-371	241	27	share	share	NOUN
ftr-371	241	28	of	of	ADP
ftr-371	241	29	total	total	ADJ
ftr-371	241	30	worldwide	worldwide	ADJ
ftr-371	241	31	value	value	NOUN
ftr-371	241	32	.	.	PUNCT
ftr-371	242	1	it	it	PRON
ftr-371	242	2	has	have	AUX
ftr-371	242	3	long	long	ADV
ftr-371	242	4	been	be	AUX
ftr-371	242	5	known	know	VERB
ftr-371	242	6	,	,	PUNCT
ftr-371	242	7	however	however	ADV
ftr-371	242	8	,	,	PUNCT
ftr-371	242	9	that	that	SCONJ
ftr-371	242	10	there	there	PRON
ftr-371	242	11	is	be	VERB
ftr-371	242	12	a	a	DET
ftr-371	242	13	significant	significant	ADJ
ftr-371	242	14	home	home	NOUN
ftr-371	242	15	bias	bias	NOUN
ftr-371	242	16	in	in	ADP
ftr-371	242	17	the	the	DET
ftr-371	242	18	holding	holding	NOUN
ftr-371	242	19	of	of	ADP
ftr-371	242	20	both	both	DET
ftr-371	242	21	portfolio	portfolio	NOUN
ftr-371	242	22	and	and	CCONJ
ftr-371	242	23	direct	direct	ADJ
ftr-371	242	24	assets	asset	NOUN
ftr-371	242	25	,	,	PUNCT
ftr-371	242	26	and	and	CCONJ
ftr-371	242	27	this	this	DET
ftr-371	242	28	bias	bias	NOUN
ftr-371	242	29	continues	continue	VERB
ftr-371	242	30	to	to	PART
ftr-371	242	31	hold	hold	VERB
ftr-371	242	32	.	.	PUNCT
ftr-371	243	1	at	at	ADP
ftr-371	243	2	the	the	DET
ftr-371	243	3	end	end	NOUN
ftr-371	243	4	of	of	ADP
ftr-371	243	5	2007	2007	NUM
ftr-371	243	6	,	,	PUNCT
ftr-371	243	7	worldwide	worldwide	ADV
ftr-371	243	8	stock	stock	NOUN
ftr-371	243	9	values	value	NOUN
ftr-371	243	10	were	be	AUX
ftr-371	243	11	$	$	SYM
ftr-371	243	12	60.8	60.8	NUM
ftr-371	243	13	trillion	trillion	NUM
ftr-371	243	14	while	while	SCONJ
ftr-371	243	15	the	the	DET
ftr-371	243	16	u.s	u.s	PROPN
ftr-371	243	17	.	.	PROPN
ftr-371	243	18	accounted	account	VERB
ftr-371	243	19	for	for	ADP
ftr-371	243	20	$	$	SYM
ftr-371	243	21	19.9	19.9	NUM
ftr-371	243	22	trillion	trillion	NUM
ftr-371	243	23	,	,	PUNCT
ftr-371	243	24	or	or	CCONJ
ftr-371	243	25	about	about	ADV
ftr-371	243	26	a	a	DET
ftr-371	243	27	third	third	NOUN
ftr-371	243	28	of	of	ADP
ftr-371	243	29	the	the	DET
ftr-371	243	30	total	total	NOUN
ftr-371	243	31	,	,	PUNCT
ftr-371	243	32	using	use	VERB
ftr-371	243	33	u.s	u.s	PROPN
ftr-371	243	34	.	.	PROPN
ftr-371	243	35	located	locate	VERB
ftr-371	243	36	stock	stock	NOUN
ftr-371	243	37	exchange	exchange	NOUN
ftr-371	243	38	values	value	NOUN
ftr-371	243	39	as	as	ADP
ftr-371	243	40	a	a	DET
ftr-371	243	41	proxy	proxy	NOUN
ftr-371	243	42	for	for	ADP
ftr-371	243	43	the	the	DET
ftr-371	243	44	domestic	domestic	ADJ
ftr-371	243	45	equity	equity	NOUN
ftr-371	243	46	share.30	share.30	NOUN
ftr-371	243	47	according	accord	VERB
ftr-371	243	48	to	to	ADP
ftr-371	243	49	bea	bea	PROPN
ftr-371	243	50	,	,	PUNCT
ftr-371	243	51	holdings	holding	NOUN
ftr-371	243	52	of	of	ADP
ftr-371	243	53	foreign	foreign	ADJ
ftr-371	243	54	portfolio	portfolio	NOUN
ftr-371	243	55	stock	stock	NOUN
ftr-371	243	56	investments	investment	NOUN
ftr-371	243	57	(	(	PUNCT
ftr-371	243	58	investments	investment	NOUN
ftr-371	243	59	with	with	ADP
ftr-371	243	60	ownership	ownership	NOUN
ftr-371	243	61	of	of	ADP
ftr-371	243	62	less	less	ADJ
ftr-371	243	63	than	than	ADP
ftr-371	243	64	10	10	NUM
ftr-371	243	65	%	%	NOUN
ftr-371	243	66	of	of	ADP
ftr-371	243	67	the	the	DET
ftr-371	243	68	firm	firm	NOUN
ftr-371	243	69	)	)	PUNCT
ftr-371	243	70	by	by	ADP
ftr-371	243	71	u.s	u.s	PROPN
ftr-371	243	72	.	.	PROPN
ftr-371	243	73	residents	resident	NOUN
ftr-371	243	74	were	be	AUX
ftr-371	243	75	$	$	SYM
ftr-371	243	76	5.2	5.2	NUM
ftr-371	243	77	trillion	trillion	NUM
ftr-371	243	78	,	,	PUNCT
ftr-371	243	79	while	while	SCONJ
ftr-371	243	80	portfolio	portfolio	NOUN
ftr-371	243	81	holdings	holding	NOUN
ftr-371	243	82	of	of	ADP
ftr-371	243	83	u.s	u.s	PROPN
ftr-371	243	84	.	.	PROPN
ftr-371	243	85	stock	stock	NOUN
ftr-371	243	86	by	by	ADP
ftr-371	243	87	foreign	foreign	ADJ
ftr-371	243	88	investors	investor	NOUN
ftr-371	243	89	was	be	AUX
ftr-371	243	90	u.s	u.s	PROPN
ftr-371	243	91	.	.	PROPN
ftr-371	243	92	$	$	SYM
ftr-371	243	93	2.8	2.8	NUM
ftr-371	243	94	trillion.31	trillion.31	PROPN
ftr-371	243	95	thus	thus	ADV
ftr-371	243	96	u.s	u.s	PROPN
ftr-371	243	97	.	.	PROPN
ftr-371	243	98	residents	resident	NOUN
ftr-371	243	99	had	have	VERB
ftr-371	243	100	23	23	NUM
ftr-371	243	101	%	%	NOUN
ftr-371	243	102	of	of	ADP
ftr-371	243	103	their	their	PRON
ftr-371	243	104	stock	stock	NOUN
ftr-371	243	105	portfolios	portfolio	NOUN
ftr-371	243	106	in	in	ADP
ftr-371	243	107	foreign	foreign	ADJ
ftr-371	243	108	investment.32	investment.32	NOUN
ftr-371	243	109	however	however	ADV
ftr-371	243	110	,	,	PUNCT
ftr-371	243	111	if	if	SCONJ
ftr-371	243	112	there	there	PRON
ftr-371	243	113	were	be	VERB
ftr-371	243	114	no	no	DET
ftr-371	243	115	home	home	NOUN
ftr-371	243	116	bias	bias	NOUN
ftr-371	243	117	they	they	PRON
ftr-371	243	118	would	would	AUX
ftr-371	243	119	be	be	AUX
ftr-371	243	120	expected	expect	VERB
ftr-371	243	121	to	to	PART
ftr-371	243	122	hold	hold	VERB
ftr-371	243	123	two	two	NUM
ftr-371	243	124	thirds	third	NOUN
ftr-371	243	125	in	in	ADP
ftr-371	243	126	foreign	foreign	ADJ
ftr-371	243	127	stocks	stock	NOUN
ftr-371	243	128	,	,	PUNCT
ftr-371	243	129	or	or	CCONJ
ftr-371	243	130	$	$	SYM
ftr-371	243	131	15.4	15.4	NUM
ftr-371	243	132	trillion	trillion	NUM
ftr-371	243	133	,	,	PUNCT
ftr-371	243	134	about	about	ADV
ftr-371	243	135	three	three	NUM
ftr-371	243	136	times	time	NOUN
ftr-371	243	137	as	as	ADV
ftr-371	243	138	much	much	ADV
ftr-371	243	139	.	.	PUNCT
ftr-371	244	1	similarly	similarly	ADV
ftr-371	244	2	,	,	PUNCT
ftr-371	244	3	the	the	DET
ftr-371	244	4	remainder	remainder	NOUN
ftr-371	244	5	of	of	ADP
ftr-371	244	6	the	the	DET
ftr-371	244	7	u.s	u.s	PROPN
ftr-371	244	8	.	.	PROPN
ftr-371	244	9	stocks	stock	NOUN
ftr-371	244	10	,	,	PUNCT
ftr-371	244	11	$	$	SYM
ftr-371	244	12	12.6	12.6	NUM
ftr-371	244	13	trillion	trillion	NUM
ftr-371	244	14	,	,	PUNCT
ftr-371	244	15	should	should	AUX
ftr-371	244	16	be	be	AUX
ftr-371	244	17	held	hold	VERB
ftr-371	244	18	by	by	ADP
ftr-371	244	19	foreign	foreign	ADJ
ftr-371	244	20	investors	investor	NOUN
ftr-371	244	21	,	,	PUNCT
ftr-371	244	22	almost	almost	ADV
ftr-371	244	23	six	six	NUM
ftr-371	244	24	times	time	NOUN
ftr-371	244	25	the	the	DET
ftr-371	244	26	amount	amount	NOUN
ftr-371	244	27	actually	actually	ADV
ftr-371	244	28	held	hold	VERB
ftr-371	244	29	.	.	PUNCT
ftr-371	245	1	moreover	moreover	ADV
ftr-371	245	2	,	,	PUNCT
ftr-371	245	3	the	the	DET
ftr-371	245	4	portfolio	portfolio	NOUN
ftr-371	245	5	shares	share	NOUN
ftr-371	245	6	are	be	AUX
ftr-371	245	7	consistent	consistent	ADJ
ftr-371	245	8	with	with	ADP
ftr-371	245	9	the	the	DET
ftr-371	245	10	notion	notion	NOUN
ftr-371	245	11	that	that	SCONJ
ftr-371	245	12	the	the	DET
ftr-371	245	13	holdings	holding	NOUN
ftr-371	245	14	that	that	PRON
ftr-371	245	15	do	do	AUX
ftr-371	245	16	exist	exist	VERB
ftr-371	245	17	are	be	AUX
ftr-371	245	18	not	not	PART
ftr-371	245	19	so	so	ADV
ftr-371	245	20	much	much	ADJ
ftr-371	245	21	due	due	ADJ
ftr-371	245	22	to	to	ADP
ftr-371	245	23	tax	tax	NOUN
ftr-371	245	24	differences	difference	NOUN
ftr-371	245	25	but	but	CCONJ
ftr-371	245	26	to	to	ADP
ftr-371	245	27	a	a	DET
ftr-371	245	28	general	general	ADJ
ftr-371	245	29	desire	desire	NOUN
ftr-371	245	30	to	to	PART
ftr-371	245	31	diversify	diversify	VERB
ftr-371	245	32	assets	asset	NOUN
ftr-371	245	33	across	across	ADP
ftr-371	245	34	countries	country	NOUN
ftr-371	245	35	to	to	PART
ftr-371	245	36	reduce	reduce	VERB
ftr-371	245	37	cyclical	cyclical	ADJ
ftr-371	245	38	risk	risk	NOUN
ftr-371	245	39	.	.	PUNCT
ftr-371	246	1	two	two	NUM
ftr-371	246	2	-	-	PUNCT
ftr-371	246	3	thirds	third	NOUN
ftr-371	246	4	of	of	ADP
ftr-371	246	5	investment	investment	NOUN
ftr-371	246	6	is	be	AUX
ftr-371	246	7	in	in	ADP
ftr-371	246	8	other	other	ADJ
ftr-371	246	9	countries	country	NOUN
ftr-371	246	10	with	with	ADP
ftr-371	246	11	similar	similar	ADJ
ftr-371	246	12	tax	tax	NOUN
ftr-371	246	13	rates	rate	NOUN
ftr-371	246	14	.	.	PUNCT
ftr-371	247	1	at	at	ADP
ftr-371	247	2	the	the	DET
ftr-371	247	3	end	end	NOUN
ftr-371	247	4	of	of	ADP
ftr-371	247	5	2005	2005	NUM
ftr-371	247	6	,	,	PUNCT
ftr-371	247	7	the	the	DET
ftr-371	247	8	two	two	NUM
ftr-371	247	9	largest	large	ADJ
ftr-371	247	10	shares	share	NOUN
ftr-371	247	11	were	be	AUX
ftr-371	247	12	for	for	ADP
ftr-371	247	13	the	the	DET
ftr-371	247	14	u.k	u.k	PROPN
ftr-371	247	15	.	.	PROPN
ftr-371	248	1	(	(	PUNCT
ftr-371	248	2	16	16	NUM
ftr-371	248	3	%	%	NOUN
ftr-371	248	4	)	)	PUNCT
ftr-371	248	5	and	and	CCONJ
ftr-371	248	6	japan	japan	PROPN
ftr-371	248	7	(	(	PUNCT
ftr-371	248	8	15	15	NUM
ftr-371	248	9	%	%	NOUN
ftr-371	248	10	)	)	PUNCT
ftr-371	248	11	.	.	PUNCT
ftr-371	249	1	while	while	SCONJ
ftr-371	249	2	the	the	DET
ftr-371	249	3	u.k	u.k	NOUN
ftr-371	249	4	.	.	PROPN
ftr-371	249	5	,	,	PUNCT
ftr-371	249	6	with	with	ADP
ftr-371	249	7	a	a	DET
ftr-371	249	8	30	30	NUM
ftr-371	249	9	%	%	NOUN
ftr-371	249	10	corporate	corporate	ADJ
ftr-371	249	11	rate	rate	NOUN
ftr-371	249	12	,	,	PUNCT
ftr-371	249	13	has	have	VERB
ftr-371	249	14	a	a	DET
ftr-371	249	15	lower	low	ADJ
ftr-371	249	16	statutory	statutory	ADJ
ftr-371	249	17	rate	rate	NOUN
ftr-371	249	18	than	than	ADP
ftr-371	249	19	the	the	DET
ftr-371	249	20	u.s	u.s	PROPN
ftr-371	249	21	.	.	PROPN
ftr-371	249	22	(	(	PUNCT
ftr-371	249	23	39	39	NUM
ftr-371	249	24	%	%	NOUN
ftr-371	249	25	including	include	VERB
ftr-371	249	26	state	state	NOUN
ftr-371	249	27	taxes	taxis	NOUN
ftr-371	249	28	)	)	PUNCT
ftr-371	249	29	,	,	PUNCT
ftr-371	249	30	japan	japan	PROPN
ftr-371	249	31	has	have	VERB
ftr-371	249	32	a	a	DET
ftr-371	249	33	rate	rate	NOUN
ftr-371	249	34	of	of	ADP
ftr-371	249	35	41	41	NUM
ftr-371	249	36	%	%	NOUN
ftr-371	249	37	.	.	PUNCT
ftr-371	250	1	the	the	DET
ftr-371	250	2	next	next	ADJ
ftr-371	250	3	two	two	NUM
ftr-371	250	4	largest	large	ADJ
ftr-371	250	5	claimants	claimant	NOUN
ftr-371	250	6	with	with	ADP
ftr-371	250	7	7	7	NUM
ftr-371	250	8	%	%	NOUN
ftr-371	250	9	and	and	CCONJ
ftr-371	250	10	6	6	NUM
ftr-371	250	11	%	%	NOUN
ftr-371	250	12	have	have	VERB
ftr-371	250	13	rates	rate	NOUN
ftr-371	250	14	of	of	ADP
ftr-371	250	15	35%.33	35%.33	NUM
ftr-371	250	16	there	there	PRON
ftr-371	250	17	are	be	VERB
ftr-371	250	18	significant	significant	ADJ
ftr-371	250	19	shares	share	NOUN
ftr-371	250	20	in	in	ADP
ftr-371	250	21	two	two	NUM
ftr-371	250	22	tax	tax	NOUN
ftr-371	250	23	30	30	NUM
ftr-371	250	24	.	.	PUNCT
ftr-371	251	1	world	world	PROPN
ftr-371	251	2	federation	federation	PROPN
ftr-371	251	3	of	of	ADP
ftr-371	251	4	exchanges	exchange	NOUN
ftr-371	251	5	:	:	PUNCT
ftr-371	252	1	[	[	X
ftr-371	252	2	http://www.world-exchanges.org/wfe/	http://www.world-exchanges.org/wfe/	NOUN
ftr-371	252	3	/home.asp?menu=436&document=4822	/home.asp?menu=436&document=4822	NOUN
ftr-371	252	4	]	]	X
ftr-371	252	5	.	.	PUNCT
ftr-371	253	1	31	31	NUM
ftr-371	253	2	.	.	PUNCT
ftr-371	254	1	[	[	X
ftr-371	254	2	http://www.bea.gov/international/index.htm#iip	http://www.bea.gov/international/index.htm#iip	X
ftr-371	254	3	]	]	X
ftr-371	254	4	.	.	PUNCT
ftr-371	255	1	32	32	NUM
ftr-371	255	2	.	.	PUNCT
ftr-371	256	1	this	this	DET
ftr-371	256	2	ratio	ratio	NOUN
ftr-371	256	3	is	be	AUX
ftr-371	256	4	based	base	VERB
ftr-371	256	5	on	on	ADP
ftr-371	256	6	the	the	DET
ftr-371	256	7	share	share	NOUN
ftr-371	256	8	of	of	ADP
ftr-371	256	9	foreign	foreign	ADJ
ftr-371	256	10	portfolios	portfolio	NOUN
ftr-371	256	11	of	of	ADP
ftr-371	256	12	$	$	SYM
ftr-371	256	13	5.2	5.2	NUM
ftr-371	256	14	trillion	trillion	NUM
ftr-371	256	15	of	of	ADP
ftr-371	256	16	total	total	ADJ
ftr-371	256	17	portfolios	portfolio	NOUN
ftr-371	256	18	which	which	PRON
ftr-371	256	19	is	be	AUX
ftr-371	256	20	the	the	DET
ftr-371	256	21	u.s	u.s	PROPN
ftr-371	256	22	.	.	PROPN
ftr-371	256	23	equity	equity	NOUN
ftr-371	256	24	value	value	NOUN
ftr-371	256	25	of	of	ADP
ftr-371	256	26	$	$	SYM
ftr-371	256	27	19.9	19.9	NUM
ftr-371	256	28	trillion	trillion	NUM
ftr-371	256	29	minus	minus	ADP
ftr-371	256	30	the	the	DET
ftr-371	256	31	amount	amount	NOUN
ftr-371	256	32	held	hold	VERB
ftr-371	256	33	by	by	ADP
ftr-371	256	34	foreigners	foreigner	NOUN
ftr-371	256	35	of	of	ADP
ftr-371	256	36	$	$	SYM
ftr-371	256	37	2.4	2.4	NUM
ftr-371	256	38	trillion	trillion	NUM
ftr-371	256	39	plus	plus	CCONJ
ftr-371	256	40	the	the	DET
ftr-371	256	41	$	$	SYM
ftr-371	256	42	5.2	5.2	NUM
ftr-371	256	43	trillion	trillion	NUM
ftr-371	256	44	of	of	ADP
ftr-371	256	45	foreign	foreign	ADJ
ftr-371	256	46	portfolios	portfolio	NOUN
ftr-371	256	47	.	.	PUNCT
ftr-371	257	1	33	33	NUM
ftr-371	257	2	.	.	PUNCT
ftr-371	257	3	data	datum	NOUN
ftr-371	257	4	are	be	AUX
ftr-371	257	5	from	from	ADP
ftr-371	257	6	tax	tax	NOUN
ftr-371	257	7	rates	rate	NOUN
ftr-371	257	8	cited	cite	VERB
ftr-371	257	9	in	in	ADP
ftr-371	257	10	congressional	congressional	ADJ
ftr-371	257	11	budget	budget	NOUN
ftr-371	257	12	office	office	NOUN
ftr-371	257	13	,	,	PUNCT
ftr-371	257	14	corporate	corporate	ADJ
ftr-371	257	15	tax	tax	NOUN
ftr-371	257	16	rates	rate	NOUN
ftr-371	257	17	:	:	PUNCT
ftr-371	257	18	international	international	ADJ
ftr-371	257	19	comparisons	comparison	NOUN
ftr-371	257	20	,	,	PUNCT
ftr-371	257	21	nov	nov	PROPN
ftr-371	257	22	.	.	PROPN
ftr-371	257	23	2005	2005	NUM
ftr-371	257	24	,	,	PUNCT
ftr-371	257	25	and	and	CCONJ
ftr-371	257	26	portfolio	portfolio	NOUN
ftr-371	257	27	share	share	NOUN
ftr-371	257	28	data	datum	NOUN
ftr-371	257	29	are	be	AUX
ftr-371	257	30	from	from	ADP
ftr-371	257	31	u.s	u.s	PROPN
ftr-371	257	32	.	.	PROPN
ftr-371	257	33	department	department	PROPN
ftr-371	257	34	of	of	ADP
ftr-371	257	35	treasury	treasury	PROPN
ftr-371	257	36	report	report	NOUN
ftr-371	257	37	on	on	ADP
ftr-371	257	38	u.s	u.s	PROPN
ftr-371	257	39	.	.	PROPN
ftr-371	257	40	portfolio	portfolio	NOUN
ftr-371	257	41	holdings	holding	NOUN
ftr-371	257	42	of	of	ADP
ftr-371	257	43	foreign	foreign	ADJ
ftr-371	257	44	securities	security	NOUN
ftr-371	257	45	.	.	PUNCT
ftr-371	258	1	482	482	NUM
ftr-371	258	2	florida	florida	PROPN
ftr-371	258	3	tax	tax	PROPN
ftr-371	258	4	review	review	NOUN
ftr-371	258	5	[	[	X
ftr-371	258	6	vol	vol	NOUN
ftr-371	258	7	.	.	PUNCT
ftr-371	258	8	9:5	9:5	NUM
ftr-371	258	9	havens	haven	NOUN
ftr-371	258	10	,	,	PUNCT
ftr-371	258	11	bermuda	bermuda	NOUN
ftr-371	258	12	(	(	PUNCT
ftr-371	258	13	5	5	NUM
ftr-371	258	14	%	%	NOUN
ftr-371	258	15	)	)	PUNCT
ftr-371	258	16	and	and	CCONJ
ftr-371	258	17	the	the	DET
ftr-371	258	18	cayman	cayman	PROPN
ftr-371	258	19	islands	island	NOUN
ftr-371	258	20	(	(	PUNCT
ftr-371	258	21	3	3	NUM
ftr-371	258	22	%	%	NOUN
ftr-371	258	23	)	)	PUNCT
ftr-371	258	24	.	.	PUNCT
ftr-371	259	1	according	accord	VERB
ftr-371	259	2	to	to	ADP
ftr-371	259	3	the	the	DET
ftr-371	259	4	department	department	PROPN
ftr-371	259	5	of	of	ADP
ftr-371	259	6	treasury	treasury	PROPN
ftr-371	259	7	,	,	PUNCT
ftr-371	259	8	however	however	ADV
ftr-371	259	9	,	,	PUNCT
ftr-371	259	10	the	the	DET
ftr-371	259	11	bermuda	bermuda	NOUN
ftr-371	259	12	investments	investment	NOUN
ftr-371	259	13	are	be	AUX
ftr-371	259	14	largely	largely	ADV
ftr-371	259	15	former	former	ADJ
ftr-371	259	16	u.s	u.s	PROPN
ftr-371	259	17	.	.	PROPN
ftr-371	259	18	firms	firm	NOUN
ftr-371	259	19	that	that	PRON
ftr-371	259	20	have	have	AUX
ftr-371	259	21	moved	move	VERB
ftr-371	259	22	their	their	PRON
ftr-371	259	23	location	location	NOUN
ftr-371	259	24	to	to	PART
ftr-371	259	25	avoid	avoid	VERB
ftr-371	259	26	u.s	u.s	PROPN
ftr-371	259	27	.	.	PROPN
ftr-371	259	28	tax	tax	NOUN
ftr-371	259	29	(	(	PUNCT
ftr-371	259	30	a	a	DET
ftr-371	259	31	phenomenon	phenomenon	NOUN
ftr-371	259	32	called	call	VERB
ftr-371	259	33	inversion	inversion	NOUN
ftr-371	259	34	,	,	PUNCT
ftr-371	259	35	which	which	PRON
ftr-371	259	36	was	be	AUX
ftr-371	259	37	subsequently	subsequently	ADV
ftr-371	259	38	addressed	address	VERB
ftr-371	259	39	with	with	ADP
ftr-371	259	40	legislative	legislative	ADJ
ftr-371	259	41	restrictions	restriction	NOUN
ftr-371	259	42	)	)	PUNCT
ftr-371	259	43	,	,	PUNCT
ftr-371	259	44	and	and	CCONJ
ftr-371	259	45	the	the	DET
ftr-371	259	46	cayman	cayman	NOUN
ftr-371	259	47	islands	island	VERB
ftr-371	259	48	investments	investment	NOUN
ftr-371	259	49	are	be	AUX
ftr-371	259	50	in	in	ADP
ftr-371	259	51	offshore	offshore	ADJ
ftr-371	259	52	financial	financial	ADJ
ftr-371	259	53	centers	center	NOUN
ftr-371	259	54	(	(	PUNCT
ftr-371	259	55	again	again	ADV
ftr-371	259	56	likely	likely	ADV
ftr-371	259	57	a	a	DET
ftr-371	259	58	tax	tax	NOUN
ftr-371	259	59	avoidance	avoidance	NOUN
ftr-371	259	60	issue	issue	NOUN
ftr-371	259	61	rather	rather	ADV
ftr-371	259	62	than	than	ADP
ftr-371	259	63	direct	direct	ADJ
ftr-371	259	64	production	production	NOUN
ftr-371	259	65	issue).34	issue).34	NOUN
ftr-371	259	66	unlike	unlike	ADP
ftr-371	259	67	studies	study	NOUN
ftr-371	259	68	of	of	ADP
ftr-371	259	69	foreign	foreign	ADJ
ftr-371	259	70	direct	direct	ADJ
ftr-371	259	71	investment	investment	NOUN
ftr-371	259	72	,	,	PUNCT
ftr-371	259	73	which	which	PRON
ftr-371	259	74	are	be	AUX
ftr-371	259	75	numerous	numerous	ADJ
ftr-371	259	76	,	,	PUNCT
ftr-371	259	77	the	the	DET
ftr-371	259	78	empirical	empirical	ADJ
ftr-371	259	79	estimates	estimate	NOUN
ftr-371	259	80	of	of	ADP
ftr-371	259	81	portfolio	portfolio	NOUN
ftr-371	259	82	substitution	substitution	NOUN
ftr-371	259	83	are	be	AUX
ftr-371	259	84	just	just	ADV
ftr-371	259	85	beginning	begin	VERB
ftr-371	259	86	and	and	CCONJ
ftr-371	259	87	should	should	AUX
ftr-371	259	88	be	be	AUX
ftr-371	259	89	treated	treat	VERB
ftr-371	259	90	with	with	ADP
ftr-371	259	91	caution	caution	NOUN
ftr-371	259	92	.	.	PUNCT
ftr-371	260	1	those	those	PRON
ftr-371	260	2	to	to	ADP
ftr-371	260	3	date	date	NOUN
ftr-371	260	4	have	have	AUX
ftr-371	260	5	found	find	VERB
ftr-371	260	6	varying	vary	VERB
ftr-371	260	7	effects	effect	NOUN
ftr-371	260	8	,	,	PUNCT
ftr-371	260	9	which	which	PRON
ftr-371	260	10	suggest	suggest	VERB
ftr-371	260	11	far	far	ADV
ftr-371	260	12	from	from	ADP
ftr-371	260	13	perfect	perfect	ADJ
ftr-371	260	14	substitutability.35	substitutability.35	NOUN
ftr-371	260	15	an	an	DET
ftr-371	260	16	imperfect	imperfect	ADJ
ftr-371	260	17	portfolio	portfolio	NOUN
ftr-371	260	18	substitution	substitution	NOUN
ftr-371	260	19	elasticity	elasticity	NOUN
ftr-371	260	20	also	also	ADV
ftr-371	260	21	suggests	suggest	VERB
ftr-371	260	22	that	that	SCONJ
ftr-371	260	23	the	the	DET
ftr-371	260	24	phenomenon	phenomenon	NOUN
ftr-371	260	25	of	of	ADP
ftr-371	260	26	eliminating	eliminate	VERB
ftr-371	260	27	efficient	efficient	ADJ
ftr-371	260	28	firms	firm	NOUN
ftr-371	260	29	is	be	AUX
ftr-371	260	30	less	less	ADV
ftr-371	260	31	likely	likely	ADJ
ftr-371	260	32	to	to	PART
ftr-371	260	33	happen	happen	VERB
ftr-371	260	34	.	.	PUNCT
ftr-371	261	1	firms	firm	NOUN
ftr-371	261	2	that	that	PRON
ftr-371	261	3	are	be	AUX
ftr-371	261	4	especially	especially	ADV
ftr-371	261	5	productive	productive	ADJ
ftr-371	261	6	and	and	CCONJ
ftr-371	261	7	efficient	efficient	ADJ
ftr-371	261	8	will	will	AUX
ftr-371	261	9	earn	earn	VERB
ftr-371	261	10	higher	high	ADJ
ftr-371	261	11	returns	return	NOUN
ftr-371	261	12	than	than	ADP
ftr-371	261	13	other	other	ADJ
ftr-371	261	14	firms	firm	NOUN
ftr-371	261	15	in	in	ADP
ftr-371	261	16	similar	similar	ADJ
ftr-371	261	17	circumstances	circumstance	NOUN
ftr-371	261	18	of	of	ADP
ftr-371	261	19	nationality	nationality	NOUN
ftr-371	261	20	and	and	CCONJ
ftr-371	261	21	location	location	NOUN
ftr-371	261	22	,	,	PUNCT
ftr-371	261	23	and	and	CCONJ
ftr-371	261	24	they	they	PRON
ftr-371	261	25	would	would	AUX
ftr-371	261	26	be	be	AUX
ftr-371	261	27	expected	expect	VERB
ftr-371	261	28	to	to	PART
ftr-371	261	29	be	be	AUX
ftr-371	261	30	retained	retain	VERB
ftr-371	261	31	in	in	ADP
ftr-371	261	32	both	both	CCONJ
ftr-371	261	33	domestic	domestic	ADJ
ftr-371	261	34	and	and	CCONJ
ftr-371	261	35	foreign	foreign	ADJ
ftr-371	261	36	investors=	investors=	NUM
ftr-371	261	37	portfolios	portfolio	NOUN
ftr-371	261	38	.	.	PUNCT
ftr-371	262	1	any	any	DET
ftr-371	262	2	firms	firm	NOUN
ftr-371	262	3	whose	whose	DET
ftr-371	262	4	size	size	NOUN
ftr-371	262	5	is	be	AUX
ftr-371	262	6	contracted	contract	VERB
ftr-371	262	7	by	by	ADP
ftr-371	262	8	portfolio	portfolio	NOUN
ftr-371	262	9	shifts	shift	NOUN
ftr-371	262	10	due	due	ADP
ftr-371	262	11	to	to	ADP
ftr-371	262	12	tax	tax	NOUN
ftr-371	262	13	rates	rate	NOUN
ftr-371	262	14	are	be	AUX
ftr-371	262	15	more	more	ADV
ftr-371	262	16	likely	likely	ADJ
ftr-371	262	17	to	to	PART
ftr-371	262	18	be	be	AUX
ftr-371	262	19	the	the	DET
ftr-371	262	20	marginal	marginal	ADJ
ftr-371	262	21	firms	firm	NOUN
ftr-371	262	22	that	that	PRON
ftr-371	262	23	have	have	VERB
ftr-371	262	24	a	a	DET
ftr-371	262	25	normal	normal	ADJ
ftr-371	262	26	level	level	NOUN
ftr-371	262	27	of	of	ADP
ftr-371	262	28	productivity	productivity	NOUN
ftr-371	262	29	.	.	PUNCT
ftr-371	263	1	finally	finally	ADV
ftr-371	263	2	,	,	PUNCT
ftr-371	263	3	this	this	DET
ftr-371	263	4	model	model	NOUN
ftr-371	263	5	assumes	assume	VERB
ftr-371	263	6	that	that	SCONJ
ftr-371	263	7	there	there	PRON
ftr-371	263	8	are	be	VERB
ftr-371	263	9	no	no	DET
ftr-371	263	10	other	other	ADJ
ftr-371	263	11	ways	way	NOUN
ftr-371	263	12	to	to	PART
ftr-371	263	13	enjoy	enjoy	VERB
ftr-371	263	14	the	the	DET
ftr-371	263	15	additional	additional	ADJ
ftr-371	263	16	productivity	productivity	NOUN
ftr-371	263	17	of	of	ADP
ftr-371	263	18	more	more	ADV
ftr-371	263	19	efficient	efficient	ADJ
ftr-371	263	20	firms	firm	NOUN
ftr-371	263	21	.	.	PUNCT
ftr-371	264	1	in	in	ADP
ftr-371	264	2	effect	effect	NOUN
ftr-371	264	3	,	,	PUNCT
ftr-371	264	4	the	the	DET
ftr-371	264	5	model	model	NOUN
ftr-371	264	6	begins	begin	VERB
ftr-371	264	7	with	with	ADP
ftr-371	264	8	the	the	DET
ftr-371	264	9	assumption	assumption	NOUN
ftr-371	264	10	of	of	ADP
ftr-371	264	11	productive	productive	ADJ
ftr-371	264	12	advantages	advantage	NOUN
ftr-371	264	13	without	without	ADP
ftr-371	264	14	defining	define	VERB
ftr-371	264	15	in	in	ADP
ftr-371	264	16	formal	formal	ADJ
ftr-371	264	17	terms	term	NOUN
ftr-371	264	18	b	b	VERB
ftr-371	264	19	so	so	SCONJ
ftr-371	264	20	that	that	SCONJ
ftr-371	264	21	the	the	DET
ftr-371	264	22	effects	effect	NOUN
ftr-371	264	23	can	can	AUX
ftr-371	264	24	be	be	AUX
ftr-371	264	25	modeled	model	VERB
ftr-371	264	26	b	b	PROPN
ftr-371	264	27	the	the	DET
ftr-371	264	28	source	source	NOUN
ftr-371	264	29	of	of	ADP
ftr-371	264	30	the	the	DET
ftr-371	264	31	productivity	productivity	NOUN
ftr-371	264	32	.	.	PUNCT
ftr-371	265	1	for	for	ADP
ftr-371	265	2	example	example	NOUN
ftr-371	265	3	,	,	PUNCT
ftr-371	265	4	if	if	SCONJ
ftr-371	265	5	the	the	DET
ftr-371	265	6	greater	great	ADJ
ftr-371	265	7	productivity	productivity	NOUN
ftr-371	265	8	of	of	ADP
ftr-371	265	9	the	the	DET
ftr-371	265	10	firm	firm	NOUN
ftr-371	265	11	is	be	AUX
ftr-371	265	12	due	due	ADJ
ftr-371	265	13	to	to	ADP
ftr-371	265	14	the	the	DET
ftr-371	265	15	employment	employment	NOUN
ftr-371	265	16	of	of	ADP
ftr-371	265	17	managers	manager	NOUN
ftr-371	265	18	with	with	ADP
ftr-371	265	19	greater	great	ADJ
ftr-371	265	20	skills	skill	NOUN
ftr-371	265	21	,	,	PUNCT
ftr-371	265	22	then	then	ADV
ftr-371	265	23	that	that	SCONJ
ftr-371	265	24	productivity	productivity	NOUN
ftr-371	265	25	arises	arise	VERB
ftr-371	265	26	at	at	ADP
ftr-371	265	27	a	a	DET
ftr-371	265	28	cost	cost	NOUN
ftr-371	265	29	,	,	PUNCT
ftr-371	265	30	and	and	CCONJ
ftr-371	265	31	these	these	DET
ftr-371	265	32	management	management	NOUN
ftr-371	265	33	skills	skill	NOUN
ftr-371	265	34	embodied	embody	VERB
ftr-371	265	35	in	in	ADP
ftr-371	265	36	the	the	DET
ftr-371	265	37	individuals	individual	NOUN
ftr-371	265	38	resident	resident	ADJ
ftr-371	265	39	in	in	ADP
ftr-371	265	40	a	a	DET
ftr-371	265	41	given	give	VERB
ftr-371	265	42	country	country	NOUN
ftr-371	265	43	should	should	AUX
ftr-371	265	44	be	be	AUX
ftr-371	265	45	free	free	ADJ
ftr-371	265	46	to	to	PART
ftr-371	265	47	move	move	VERB
ftr-371	265	48	to	to	ADP
ftr-371	265	49	their	their	PRON
ftr-371	265	50	highest	high	ADJ
ftr-371	265	51	use	use	NOUN
ftr-371	265	52	,	,	PUNCT
ftr-371	265	53	and	and	CCONJ
ftr-371	265	54	allocated	allocate	VERB
ftr-371	265	55	efficiently	efficiently	ADV
ftr-371	265	56	.	.	PUNCT
ftr-371	266	1	since	since	SCONJ
ftr-371	266	2	they	they	PRON
ftr-371	266	3	add	add	VERB
ftr-371	266	4	a	a	DET
ftr-371	266	5	surplus	surplus	ADJ
ftr-371	266	6	value	value	NOUN
ftr-371	266	7	,	,	PUNCT
ftr-371	266	8	they	they	PRON
ftr-371	266	9	would	would	AUX
ftr-371	266	10	not	not	PART
ftr-371	266	11	be	be	AUX
ftr-371	266	12	driven	drive	VERB
ftr-371	266	13	out	out	ADP
ftr-371	266	14	of	of	ADP
ftr-371	266	15	the	the	DET
ftr-371	266	16	market	market	NOUN
ftr-371	266	17	,	,	PUNCT
ftr-371	266	18	and	and	CCONJ
ftr-371	266	19	worldwide	worldwide	ADJ
ftr-371	266	20	efficiency	efficiency	NOUN
ftr-371	266	21	requires	require	VERB
ftr-371	266	22	a	a	DET
ftr-371	266	23	capital	capital	NOUN
ftr-371	266	24	export	export	NOUN
ftr-371	266	25	neutrality	neutrality	NOUN
ftr-371	266	26	approach	approach	NOUN
ftr-371	266	27	to	to	ADP
ftr-371	266	28	labor	labor	NOUN
ftr-371	266	29	resources	resource	NOUN
ftr-371	266	30	as	as	ADV
ftr-371	266	31	well	well	ADV
ftr-371	266	32	as	as	ADP
ftr-371	266	33	capital	capital	NOUN
ftr-371	266	34	.	.	PUNCT
ftr-371	267	1	if	if	SCONJ
ftr-371	267	2	the	the	DET
ftr-371	267	3	asset	asset	NOUN
ftr-371	267	4	is	be	AUX
ftr-371	267	5	uniquely	uniquely	ADV
ftr-371	267	6	tied	tie	VERB
ftr-371	267	7	to	to	ADP
ftr-371	267	8	the	the	DET
ftr-371	267	9	firm	firm	NOUN
ftr-371	267	10	b	b	PROPN
ftr-371	267	11	such	such	ADJ
ftr-371	267	12	as	as	ADP
ftr-371	267	13	a	a	DET
ftr-371	267	14	value	value	NOUN
ftr-371	267	15	through	through	ADP
ftr-371	267	16	a	a	DET
ftr-371	267	17	trademark	trademark	NOUN
ftr-371	267	18	,	,	PUNCT
ftr-371	267	19	intangible	intangible	ADJ
ftr-371	267	20	r&d	r&d	NOUN
ftr-371	267	21	,	,	PUNCT
ftr-371	267	22	or	or	CCONJ
ftr-371	267	23	even	even	ADV
ftr-371	267	24	a	a	DET
ftr-371	267	25	management	management	NOUN
ftr-371	267	26	set	set	NOUN
ftr-371	267	27	-	-	PUNCT
ftr-371	267	28	up	up	ADP
ftr-371	267	29	b	b	NOUN
ftr-371	267	30	the	the	DET
ftr-371	267	31	model	model	NOUN
ftr-371	267	32	does	do	AUX
ftr-371	267	33	not	not	PART
ftr-371	267	34	allow	allow	VERB
ftr-371	267	35	for	for	ADP
ftr-371	267	36	the	the	DET
ftr-371	267	37	fact	fact	NOUN
ftr-371	267	38	that	that	SCONJ
ftr-371	267	39	ownership	ownership	NOUN
ftr-371	267	40	of	of	ADP
ftr-371	267	41	the	the	DET
ftr-371	267	42	productive	productive	ADJ
ftr-371	267	43	assets	asset	NOUN
ftr-371	267	44	and	and	CCONJ
ftr-371	267	45	ownership	ownership	NOUN
ftr-371	267	46	of	of	ADP
ftr-371	267	47	the	the	DET
ftr-371	267	48	intangible	intangible	ADJ
ftr-371	267	49	asset	asset	NOUN
ftr-371	267	50	can	can	AUX
ftr-371	267	51	,	,	PUNCT
ftr-371	267	52	in	in	ADP
ftr-371	267	53	most	most	ADJ
ftr-371	267	54	cases	case	NOUN
ftr-371	267	55	,	,	PUNCT
ftr-371	267	56	be	be	AUX
ftr-371	267	57	separated	separate	VERB
ftr-371	267	58	.	.	PUNCT
ftr-371	268	1	trademarks	trademark	NOUN
ftr-371	268	2	and	and	CCONJ
ftr-371	268	3	patents	patent	NOUN
ftr-371	268	4	can	can	AUX
ftr-371	268	5	be	be	AUX
ftr-371	268	6	franchised	franchise	VERB
ftr-371	268	7	and	and	CCONJ
ftr-371	268	8	sold	sell	VERB
ftr-371	268	9	.	.	PUNCT
ftr-371	269	1	or	or	CCONJ
ftr-371	269	2	,	,	PUNCT
ftr-371	269	3	if	if	SCONJ
ftr-371	269	4	the	the	DET
ftr-371	269	5	intangible	intangible	NOUN
ftr-371	269	6	can	can	AUX
ftr-371	269	7	not	not	PART
ftr-371	269	8	be	be	AUX
ftr-371	269	9	separately	separately	ADV
ftr-371	269	10	sold	sell	VERB
ftr-371	269	11	(	(	PUNCT
ftr-371	269	12	for	for	ADP
ftr-371	269	13	example	example	NOUN
ftr-371	269	14	,	,	PUNCT
ftr-371	269	15	34	34	NUM
ftr-371	269	16	.	.	PUNCT
ftr-371	269	17	u.s	u.s	PROPN
ftr-371	269	18	.	.	PROPN
ftr-371	269	19	department	department	PROPN
ftr-371	269	20	of	of	ADP
ftr-371	269	21	treasury	treasury	PROPN
ftr-371	269	22	,	,	PUNCT
ftr-371	269	23	report	report	NOUN
ftr-371	269	24	on	on	ADP
ftr-371	269	25	u.s	u.s	PROPN
ftr-371	269	26	.	.	PROPN
ftr-371	269	27	portfolio	portfolio	NOUN
ftr-371	269	28	holdings	holding	NOUN
ftr-371	269	29	of	of	ADP
ftr-371	269	30	foreign	foreign	ADJ
ftr-371	269	31	securities	security	NOUN
ftr-371	269	32	.	.	PUNCT
ftr-371	270	1	35	35	NUM
ftr-371	270	2	.	.	PUNCT
ftr-371	270	3	mehir	mehir	PROPN
ftr-371	270	4	desai	desai	PROPN
ftr-371	270	5	and	and	CCONJ
ftr-371	270	6	dhammika	dhammika	PROPN
ftr-371	270	7	dharmapala	dharmapala	NOUN
ftr-371	270	8	,	,	PUNCT
ftr-371	270	9	“	"	PUNCT
ftr-371	270	10	taxes	taxis	NOUN
ftr-371	270	11	,	,	PUNCT
ftr-371	270	12	institutions	institution	NOUN
ftr-371	270	13	and	and	CCONJ
ftr-371	270	14	foreign	foreign	ADJ
ftr-371	270	15	diversification	diversification	NOUN
ftr-371	270	16	opportunities	opportunity	NOUN
ftr-371	270	17	,	,	PUNCT
ftr-371	270	18	”	"	PUNCT
ftr-371	270	19	working	work	VERB
ftr-371	270	20	paper	paper	NOUN
ftr-371	270	21	,	,	PUNCT
ftr-371	270	22	oct	oct	PROPN
ftr-371	270	23	.	.	PROPN
ftr-371	270	24	2007	2007	NUM
ftr-371	270	25	,	,	PUNCT
ftr-371	270	26	find	find	VERB
ftr-371	270	27	elasticities	elasticity	NOUN
ftr-371	270	28	between	between	ADP
ftr-371	270	29	0.8	0.8	NUM
ftr-371	270	30	and	and	CCONJ
ftr-371	270	31	2.1	2.1	NUM
ftr-371	270	32	depending	depend	VERB
ftr-371	270	33	on	on	ADP
ftr-371	270	34	specification	specification	NOUN
ftr-371	270	35	,	,	PUNCT
ftr-371	270	36	examining	examine	VERB
ftr-371	270	37	response	response	NOUN
ftr-371	270	38	across	across	ADP
ftr-371	270	39	time	time	NOUN
ftr-371	270	40	to	to	ADP
ftr-371	270	41	corporate	corporate	ADJ
ftr-371	270	42	tax	tax	NOUN
ftr-371	270	43	rates	rate	NOUN
ftr-371	270	44	,	,	PUNCT
ftr-371	270	45	although	although	SCONJ
ftr-371	270	46	one	one	NUM
ftr-371	270	47	specification	specification	NOUN
ftr-371	270	48	was	be	AUX
ftr-371	270	49	only	only	ADV
ftr-371	270	50	marginally	marginally	ADV
ftr-371	270	51	significant	significant	ADJ
ftr-371	270	52	.	.	PUNCT
ftr-371	271	1	the	the	DET
ftr-371	271	2	same	same	ADJ
ftr-371	271	3	authors	author	NOUN
ftr-371	271	4	find	find	VERB
ftr-371	271	5	an	an	DET
ftr-371	271	6	elasticity	elasticity	NOUN
ftr-371	271	7	of	of	ADP
ftr-371	271	8	1.6	1.6	NUM
ftr-371	271	9	comparing	compare	VERB
ftr-371	271	10	non	non	ADJ
ftr-371	271	11	-	-	ADJ
ftr-371	271	12	treaty	treaty	ADJ
ftr-371	271	13	countries	country	NOUN
ftr-371	271	14	to	to	ADP
ftr-371	271	15	treaty	treaty	NOUN
ftr-371	271	16	countries	country	NOUN
ftr-371	271	17	eligible	eligible	ADJ
ftr-371	271	18	for	for	ADP
ftr-371	271	19	dividend	dividend	NOUN
ftr-371	271	20	and	and	CCONJ
ftr-371	271	21	capital	capital	NOUN
ftr-371	271	22	gains	gain	NOUN
ftr-371	271	23	relief	relief	NOUN
ftr-371	271	24	after	after	ADP
ftr-371	271	25	2003	2003	NUM
ftr-371	271	26	,	,	PUNCT
ftr-371	271	27	in	in	ADP
ftr-371	271	28	“	"	PUNCT
ftr-371	271	29	taxes	taxis	NOUN
ftr-371	271	30	,	,	PUNCT
ftr-371	271	31	dividends	dividend	NOUN
ftr-371	271	32	and	and	CCONJ
ftr-371	271	33	international	international	ADJ
ftr-371	271	34	portfolio	portfolio	NOUN
ftr-371	271	35	choice	choice	NOUN
ftr-371	271	36	.	.	PUNCT
ftr-371	271	37	”	"	PUNCT
ftr-371	272	1	an	an	DET
ftr-371	272	2	earlier	early	ADJ
ftr-371	272	3	paper	paper	NOUN
ftr-371	272	4	by	by	ADP
ftr-371	272	5	roger	roger	PROPN
ftr-371	272	6	gordon	gordon	PROPN
ftr-371	272	7	and	and	CCONJ
ftr-371	272	8	joosung	joosung	PROPN
ftr-371	272	9	jun	jun	PROPN
ftr-371	272	10	,	,	PUNCT
ftr-371	272	11	“	"	PUNCT
ftr-371	272	12	taxes	taxis	NOUN
ftr-371	272	13	and	and	CCONJ
ftr-371	272	14	the	the	DET
ftr-371	272	15	form	form	NOUN
ftr-371	272	16	of	of	ADP
ftr-371	272	17	ownership	ownership	NOUN
ftr-371	272	18	of	of	ADP
ftr-371	272	19	foreign	foreign	ADJ
ftr-371	272	20	corporate	corporate	ADJ
ftr-371	272	21	equity	equity	NOUN
ftr-371	272	22	,	,	PUNCT
ftr-371	272	23	”	"	PUNCT
ftr-371	272	24	in	in	ADP
ftr-371	272	25	alberto	alberto	PROPN
ftr-371	272	26	giovanni	giovanni	PROPN
ftr-371	272	27	,	,	PUNCT
ftr-371	272	28	r.	r.	PROPN
ftr-371	272	29	glenn	glenn	PROPN
ftr-371	272	30	hubbard	hubbard	PROPN
ftr-371	272	31	and	and	CCONJ
ftr-371	272	32	joel	joel	PROPN
ftr-371	272	33	slemrod	slemrod	PROPN
ftr-371	272	34	,	,	PUNCT
ftr-371	272	35	eds	eds	PROPN
ftr-371	272	36	.	.	PROPN
ftr-371	272	37	,	,	PUNCT
ftr-371	272	38	studies	study	NOUN
ftr-371	272	39	in	in	ADP
ftr-371	272	40	international	international	ADJ
ftr-371	272	41	taxation	taxation	NOUN
ftr-371	272	42	,	,	PUNCT
ftr-371	272	43	chicago	chicago	PROPN
ftr-371	272	44	:	:	PUNCT
ftr-371	272	45	university	university	NOUN
ftr-371	272	46	of	of	ADP
ftr-371	272	47	chicago	chicago	PROPN
ftr-371	272	48	press	press	NOUN
ftr-371	272	49	,	,	PUNCT
ftr-371	272	50	1993	1993	NUM
ftr-371	272	51	did	do	AUX
ftr-371	272	52	not	not	PART
ftr-371	272	53	find	find	VERB
ftr-371	272	54	an	an	DET
ftr-371	272	55	effect	effect	NOUN
ftr-371	272	56	.	.	PUNCT
ftr-371	273	1	2009	2009	NUM
ftr-371	273	2	]	]	PUNCT
ftr-371	273	3	international	international	ADJ
ftr-371	273	4	corporate	corporate	ADJ
ftr-371	273	5	tax	tax	NOUN
ftr-371	273	6	reform	reform	NOUN
ftr-371	273	7	483	483	NUM
ftr-371	273	8	if	if	SCONJ
ftr-371	273	9	the	the	DET
ftr-371	273	10	r&d	r&d	NOUN
ftr-371	273	11	could	could	AUX
ftr-371	273	12	be	be	AUX
ftr-371	273	13	easily	easily	ADV
ftr-371	273	14	copied	copy	VERB
ftr-371	273	15	and	and	CCONJ
ftr-371	273	16	thus	thus	ADV
ftr-371	273	17	is	be	AUX
ftr-371	273	18	not	not	PART
ftr-371	273	19	patented	patent	VERB
ftr-371	273	20	but	but	CCONJ
ftr-371	273	21	kept	keep	VERB
ftr-371	273	22	secret	secret	ADJ
ftr-371	273	23	)	)	PUNCT
ftr-371	273	24	,	,	PUNCT
ftr-371	273	25	there	there	PRON
ftr-371	273	26	are	be	VERB
ftr-371	273	27	ways	way	NOUN
ftr-371	273	28	for	for	SCONJ
ftr-371	273	29	the	the	DET
ftr-371	273	30	firm	firm	NOUN
ftr-371	273	31	to	to	PART
ftr-371	273	32	operate	operate	VERB
ftr-371	273	33	without	without	ADP
ftr-371	273	34	ownership	ownership	NOUN
ftr-371	273	35	of	of	ADP
ftr-371	273	36	the	the	DET
ftr-371	273	37	capital	capital	NOUN
ftr-371	273	38	assets	asset	NOUN
ftr-371	273	39	,	,	PUNCT
ftr-371	273	40	such	such	ADJ
ftr-371	273	41	as	as	ADP
ftr-371	273	42	factories	factory	NOUN
ftr-371	273	43	,	,	PUNCT
ftr-371	273	44	machinery	machinery	NOUN
ftr-371	273	45	,	,	PUNCT
ftr-371	273	46	and	and	CCONJ
ftr-371	273	47	equipment	equipment	NOUN
ftr-371	273	48	,	,	PUNCT
ftr-371	273	49	that	that	PRON
ftr-371	273	50	give	give	VERB
ftr-371	273	51	rise	rise	NOUN
ftr-371	273	52	to	to	ADP
ftr-371	273	53	normal	normal	ADJ
ftr-371	273	54	products	product	NOUN
ftr-371	273	55	.	.	PUNCT
ftr-371	274	1	these	these	DET
ftr-371	274	2	assets	asset	NOUN
ftr-371	274	3	could	could	AUX
ftr-371	274	4	be	be	AUX
ftr-371	274	5	leased	lease	VERB
ftr-371	274	6	by	by	ADP
ftr-371	274	7	the	the	DET
ftr-371	274	8	firm	firm	NOUN
ftr-371	274	9	with	with	ADP
ftr-371	274	10	the	the	DET
ftr-371	274	11	intangible	intangible	ADJ
ftr-371	274	12	asset	asset	NOUN
ftr-371	274	13	.	.	PUNCT
ftr-371	275	1	moreover	moreover	ADV
ftr-371	275	2	,	,	PUNCT
ftr-371	275	3	if	if	SCONJ
ftr-371	275	4	the	the	DET
ftr-371	275	5	asset	asset	NOUN
ftr-371	275	6	is	be	AUX
ftr-371	275	7	not	not	PART
ftr-371	275	8	closely	closely	ADV
ftr-371	275	9	tied	tie	VERB
ftr-371	275	10	to	to	ADP
ftr-371	275	11	management	management	NOUN
ftr-371	275	12	,	,	PUNCT
ftr-371	275	13	the	the	DET
ftr-371	275	14	firm	firm	NOUN
ftr-371	275	15	could	could	AUX
ftr-371	275	16	arrange	arrange	VERB
ftr-371	275	17	for	for	ADP
ftr-371	275	18	contract	contract	NOUN
ftr-371	275	19	manufacturing	manufacturing	NOUN
ftr-371	275	20	,	,	PUNCT
ftr-371	275	21	a	a	DET
ftr-371	275	22	technique	technique	NOUN
ftr-371	275	23	commonly	commonly	ADV
ftr-371	275	24	used	use	VERB
ftr-371	275	25	to	to	PART
ftr-371	275	26	shift	shift	VERB
ftr-371	275	27	profits	profit	NOUN
ftr-371	275	28	.	.	PUNCT
ftr-371	276	1	these	these	DET
ftr-371	276	2	techniques	technique	NOUN
ftr-371	276	3	may	may	AUX
ftr-371	276	4	be	be	AUX
ftr-371	276	5	less	less	ADJ
ftr-371	276	6	than	than	ADP
ftr-371	276	7	perfect	perfect	ADJ
ftr-371	276	8	if	if	SCONJ
ftr-371	276	9	there	there	PRON
ftr-371	276	10	are	be	VERB
ftr-371	276	11	principal	principal	ADJ
ftr-371	276	12	-	-	PUNCT
ftr-371	276	13	agent	agent	NOUN
ftr-371	276	14	costs,36	costs,36	NOUN
ftr-371	276	15	but	but	CCONJ
ftr-371	276	16	this	this	DET
ftr-371	276	17	effect	effect	NOUN
ftr-371	276	18	is	be	AUX
ftr-371	276	19	of	of	ADP
ftr-371	276	20	questionable	questionable	ADJ
ftr-371	276	21	importance	importance	NOUN
ftr-371	276	22	.	.	PUNCT
ftr-371	277	1	in	in	ADP
ftr-371	277	2	light	light	NOUN
ftr-371	277	3	of	of	ADP
ftr-371	277	4	the	the	DET
ftr-371	277	5	many	many	ADJ
ftr-371	277	6	ways	way	NOUN
ftr-371	277	7	in	in	ADP
ftr-371	277	8	which	which	PRON
ftr-371	277	9	the	the	DET
ftr-371	277	10	efficiency	efficiency	NOUN
ftr-371	277	11	costs	cost	NOUN
ftr-371	277	12	of	of	ADP
ftr-371	277	13	capital	capital	NOUN
ftr-371	277	14	ownership	ownership	NOUN
ftr-371	277	15	non	non	ADJ
ftr-371	277	16	-	-	ADJ
ftr-371	277	17	neutrality	neutrality	NOUN
ftr-371	277	18	are	be	AUX
ftr-371	277	19	unlikely	unlikely	ADJ
ftr-371	277	20	to	to	PART
ftr-371	277	21	be	be	AUX
ftr-371	277	22	significant	significant	ADJ
ftr-371	277	23	compared	compare	VERB
ftr-371	277	24	to	to	ADP
ftr-371	277	25	location	location	NOUN
ftr-371	277	26	distortions	distortion	NOUN
ftr-371	277	27	,	,	PUNCT
ftr-371	277	28	it	it	PRON
ftr-371	277	29	seems	seem	VERB
ftr-371	277	30	questionable	questionable	ADJ
ftr-371	277	31	to	to	PART
ftr-371	277	32	use	use	VERB
ftr-371	277	33	meeting	meet	VERB
ftr-371	277	34	this	this	DET
ftr-371	277	35	standard	standard	NOUN
ftr-371	277	36	of	of	ADP
ftr-371	277	37	neutrality	neutrality	NOUN
ftr-371	277	38	to	to	PART
ftr-371	277	39	evaluate	evaluate	VERB
ftr-371	277	40	tax	tax	NOUN
ftr-371	277	41	reform	reform	NOUN
ftr-371	277	42	changes	change	NOUN
ftr-371	277	43	and	and	CCONJ
ftr-371	277	44	questionable	questionable	ADJ
ftr-371	277	45	to	to	PART
ftr-371	277	46	see	see	VERB
ftr-371	277	47	source	source	NOUN
ftr-371	277	48	-	-	PUNCT
ftr-371	277	49	based	base	VERB
ftr-371	277	50	taxation	taxation	NOUN
ftr-371	277	51	as	as	ADP
ftr-371	277	52	an	an	DET
ftr-371	277	53	efficient	efficient	ADJ
ftr-371	277	54	international	international	ADJ
ftr-371	277	55	tax	tax	NOUN
ftr-371	277	56	regime	regime	NOUN
ftr-371	277	57	.	.	PUNCT
ftr-371	278	1	iii	iii	X
ftr-371	278	2	.	.	PUNCT
ftr-371	278	3	tax	tax	NOUN
ftr-371	278	4	avoidance	avoidance	NOUN
ftr-371	278	5	and	and	CCONJ
ftr-371	278	6	evasion	evasion	NOUN
ftr-371	278	7	a	a	DET
ftr-371	278	8	second	second	ADJ
ftr-371	278	9	issue	issue	NOUN
ftr-371	278	10	involves	involve	VERB
ftr-371	278	11	the	the	DET
ftr-371	278	12	collection	collection	NOUN
ftr-371	278	13	of	of	ADP
ftr-371	278	14	revenues	revenue	NOUN
ftr-371	278	15	which	which	PRON
ftr-371	278	16	may	may	AUX
ftr-371	278	17	be	be	AUX
ftr-371	278	18	undermined	undermine	VERB
ftr-371	278	19	by	by	ADP
ftr-371	278	20	avoidance	avoidance	NOUN
ftr-371	278	21	and	and	CCONJ
ftr-371	278	22	evasion	evasion	NOUN
ftr-371	278	23	.	.	PUNCT
ftr-371	279	1	(	(	PUNCT
ftr-371	279	2	this	this	DET
ftr-371	279	3	paper	paper	NOUN
ftr-371	279	4	does	do	AUX
ftr-371	279	5	not	not	PART
ftr-371	279	6	deal	deal	VERB
ftr-371	279	7	with	with	ADP
ftr-371	279	8	individual	individual	ADJ
ftr-371	279	9	evasion	evasion	NOUN
ftr-371	279	10	issues	issue	NOUN
ftr-371	279	11	such	such	ADJ
ftr-371	279	12	as	as	ADP
ftr-371	279	13	secret	secret	ADJ
ftr-371	279	14	bank	bank	NOUN
ftr-371	279	15	accounts	account	NOUN
ftr-371	279	16	.	.	PUNCT
ftr-371	279	17	)	)	PUNCT
ftr-371	280	1	the	the	DET
ftr-371	280	2	line	line	NOUN
ftr-371	280	3	between	between	ADP
ftr-371	280	4	avoidance	avoidance	NOUN
ftr-371	280	5	and	and	CCONJ
ftr-371	280	6	evasion	evasion	NOUN
ftr-371	280	7	is	be	AUX
ftr-371	280	8	blurred	blur	VERB
ftr-371	280	9	.	.	PUNCT
ftr-371	281	1	by	by	ADP
ftr-371	281	2	avoidance	avoidance	NOUN
ftr-371	281	3	we	we	PRON
ftr-371	281	4	mean	mean	VERB
ftr-371	281	5	structuring	structure	VERB
ftr-371	281	6	transactions	transaction	NOUN
ftr-371	281	7	in	in	ADP
ftr-371	281	8	a	a	DET
ftr-371	281	9	way	way	NOUN
ftr-371	281	10	that	that	PRON
ftr-371	281	11	is	be	AUX
ftr-371	281	12	,	,	PUNCT
ftr-371	281	13	or	or	CCONJ
ftr-371	281	14	appears	appear	VERB
ftr-371	281	15	to	to	PART
ftr-371	281	16	be	be	AUX
ftr-371	281	17	,	,	PUNCT
ftr-371	281	18	legal	legal	ADJ
ftr-371	281	19	but	but	CCONJ
ftr-371	281	20	which	which	PRON
ftr-371	281	21	distorts	distort	VERB
ftr-371	281	22	the	the	DET
ftr-371	281	23	allocation	allocation	NOUN
ftr-371	281	24	of	of	ADP
ftr-371	281	25	profits	profit	NOUN
ftr-371	281	26	and	and	CCONJ
ftr-371	281	27	reduces	reduce	VERB
ftr-371	281	28	company	company	NOUN
ftr-371	281	29	taxes	taxis	NOUN
ftr-371	281	30	without	without	ADP
ftr-371	281	31	changing	change	VERB
ftr-371	281	32	the	the	DET
ftr-371	281	33	fundamental	fundamental	ADJ
ftr-371	281	34	economic	economic	ADJ
ftr-371	281	35	activities	activity	NOUN
ftr-371	281	36	.	.	PUNCT
ftr-371	282	1	evasion	evasion	NOUN
ftr-371	282	2	is	be	AUX
ftr-371	282	3	generally	generally	ADV
ftr-371	282	4	viewed	view	VERB
ftr-371	282	5	as	as	ADP
ftr-371	282	6	an	an	DET
ftr-371	282	7	illegal	illegal	ADJ
ftr-371	282	8	activity	activity	NOUN
ftr-371	282	9	.	.	PUNCT
ftr-371	283	1	both	both	PRON
ftr-371	283	2	of	of	ADP
ftr-371	283	3	these	these	PRON
ftr-371	283	4	are	be	AUX
ftr-371	283	5	different	different	ADJ
ftr-371	283	6	from	from	ADP
ftr-371	283	7	the	the	DET
ftr-371	283	8	real	real	ADJ
ftr-371	283	9	economic	economic	ADJ
ftr-371	283	10	effects	effect	NOUN
ftr-371	283	11	of	of	ADP
ftr-371	283	12	reallocating	reallocate	VERB
ftr-371	283	13	capital	capital	NOUN
ftr-371	283	14	and	and	CCONJ
ftr-371	283	15	production	production	NOUN
ftr-371	283	16	in	in	ADP
ftr-371	283	17	response	response	NOUN
ftr-371	283	18	to	to	ADP
ftr-371	283	19	tax	tax	NOUN
ftr-371	283	20	differentials	differential	NOUN
ftr-371	283	21	,	,	PUNCT
ftr-371	283	22	which	which	PRON
ftr-371	283	23	have	have	VERB
ftr-371	283	24	consequences	consequence	NOUN
ftr-371	283	25	for	for	ADP
ftr-371	283	26	revenue	revenue	NOUN
ftr-371	283	27	.	.	PUNCT
ftr-371	284	1	basic	basic	ADJ
ftr-371	284	2	techniques	technique	NOUN
ftr-371	284	3	include	include	VERB
ftr-371	284	4	intercompany	intercompany	NOUN
ftr-371	284	5	pricing	pricing	NOUN
ftr-371	284	6	for	for	ADP
ftr-371	284	7	goods	good	NOUN
ftr-371	284	8	and	and	CCONJ
ftr-371	284	9	services	service	NOUN
ftr-371	284	10	(	(	PUNCT
ftr-371	284	11	charging	charge	VERB
ftr-371	284	12	high	high	ADJ
ftr-371	284	13	prices	price	NOUN
ftr-371	284	14	for	for	ADP
ftr-371	284	15	sales	sale	NOUN
ftr-371	284	16	from	from	ADP
ftr-371	284	17	low	low	ADJ
ftr-371	284	18	-	-	PUNCT
ftr-371	284	19	tax	tax	NOUN
ftr-371	284	20	to	to	ADP
ftr-371	284	21	high	high	ADJ
ftr-371	284	22	-	-	PUNCT
ftr-371	284	23	tax	tax	NOUN
ftr-371	284	24	operations	operation	NOUN
ftr-371	284	25	and	and	CCONJ
ftr-371	284	26	low	low	ADJ
ftr-371	284	27	prices	price	NOUN
ftr-371	284	28	in	in	ADP
ftr-371	284	29	the	the	DET
ftr-371	284	30	other	other	ADJ
ftr-371	284	31	direction	direction	NOUN
ftr-371	284	32	)	)	PUNCT
ftr-371	284	33	,	,	PUNCT
ftr-371	284	34	increasing	increase	VERB
ftr-371	284	35	debt	debt	NOUN
ftr-371	284	36	shares	share	NOUN
ftr-371	284	37	in	in	ADP
ftr-371	284	38	high	high	ADJ
ftr-371	284	39	-	-	PUNCT
ftr-371	284	40	tax	tax	NOUN
ftr-371	284	41	jurisdictions	jurisdiction	NOUN
ftr-371	284	42	,	,	PUNCT
ftr-371	284	43	and	and	CCONJ
ftr-371	284	44	transferring	transfer	VERB
ftr-371	284	45	valuable	valuable	ADJ
ftr-371	284	46	intangibles	intangible	NOUN
ftr-371	284	47	to	to	ADP
ftr-371	284	48	affiliates	affiliate	NOUN
ftr-371	284	49	in	in	ADP
ftr-371	284	50	low	low	ADJ
ftr-371	284	51	-	-	PUNCT
ftr-371	284	52	tax	tax	NOUN
ftr-371	284	53	jurisdictions	jurisdiction	NOUN
ftr-371	284	54	for	for	ADP
ftr-371	284	55	understated	understated	ADJ
ftr-371	284	56	royalties	royalty	NOUN
ftr-371	284	57	.	.	PUNCT
ftr-371	285	1	transfer	transfer	NOUN
ftr-371	285	2	pricing	pricing	NOUN
ftr-371	285	3	issues	issue	NOUN
ftr-371	285	4	are	be	AUX
ftr-371	285	5	discussed	discuss	VERB
ftr-371	285	6	in	in	ADP
ftr-371	285	7	detail	detail	NOUN
ftr-371	285	8	by	by	ADP
ftr-371	285	9	a	a	DET
ftr-371	285	10	2007	2007	NUM
ftr-371	285	11	treasury	treasury	PROPN
ftr-371	285	12	study.37	study.37	PROPN
ftr-371	285	13	subpart	subpart	NOUN
ftr-371	285	14	f	f	PROPN
ftr-371	285	15	rules	rule	NOUN
ftr-371	285	16	were	be	AUX
ftr-371	285	17	intended	intend	VERB
ftr-371	285	18	to	to	PART
ftr-371	285	19	capture	capture	VERB
ftr-371	285	20	some	some	PRON
ftr-371	285	21	of	of	ADP
ftr-371	285	22	these	these	DET
ftr-371	285	23	effects	effect	NOUN
ftr-371	285	24	,	,	PUNCT
ftr-371	285	25	such	such	ADJ
ftr-371	285	26	as	as	ADP
ftr-371	285	27	payments	payment	NOUN
ftr-371	285	28	between	between	ADP
ftr-371	285	29	subsidiaries	subsidiary	NOUN
ftr-371	285	30	of	of	ADP
ftr-371	285	31	interest	interest	NOUN
ftr-371	285	32	and	and	CCONJ
ftr-371	285	33	royalties	royalty	NOUN
ftr-371	285	34	,	,	PUNCT
ftr-371	285	35	but	but	CCONJ
ftr-371	285	36	there	there	PRON
ftr-371	285	37	are	be	VERB
ftr-371	285	38	ways	way	NOUN
ftr-371	285	39	to	to	PART
ftr-371	285	40	avoid	avoid	VERB
ftr-371	285	41	these	these	DET
ftr-371	285	42	effects	effect	NOUN
ftr-371	285	43	.	.	PUNCT
ftr-371	286	1	recent	recent	ADJ
ftr-371	286	2	check	check	VERB
ftr-371	286	3	-	-	PUNCT
ftr-371	286	4	the	the	DET
ftr-371	286	5	-	-	PUNCT
ftr-371	286	6	box	box	NOUN
ftr-371	286	7	rules	rule	NOUN
ftr-371	286	8	which	which	PRON
ftr-371	286	9	allow	allow	VERB
ftr-371	286	10	firms	firm	NOUN
ftr-371	286	11	to	to	PART
ftr-371	286	12	elect	elect	VERB
ftr-371	286	13	to	to	PART
ftr-371	286	14	be	be	AUX
ftr-371	286	15	considered	consider	VERB
ftr-371	286	16	non	non	ADJ
ftr-371	286	17	-	-	ADJ
ftr-371	286	18	corporate	corporate	ADJ
ftr-371	286	19	have	have	AUX
ftr-371	286	20	led	lead	VERB
ftr-371	286	21	to	to	ADP
ftr-371	286	22	hybrid	hybrid	ADJ
ftr-371	286	23	firms	firm	NOUN
ftr-371	286	24	and	and	CCONJ
ftr-371	286	25	have	have	AUX
ftr-371	286	26	made	make	VERB
ftr-371	286	27	avoidance	avoidance	NOUN
ftr-371	286	28	of	of	ADP
ftr-371	286	29	these	these	DET
ftr-371	286	30	taxes	taxis	NOUN
ftr-371	286	31	much	much	ADV
ftr-371	286	32	easier	easy	ADJ
ftr-371	286	33	.	.	PUNCT
ftr-371	287	1	tax	tax	NOUN
ftr-371	287	2	code	code	NOUN
ftr-371	287	3	changes	change	NOUN
ftr-371	287	4	in	in	ADP
ftr-371	287	5	2006	2006	NUM
ftr-371	287	6	put	put	VERB
ftr-371	287	7	this	this	DET
ftr-371	287	8	treatment	treatment	NOUN
ftr-371	287	9	,	,	PUNCT
ftr-371	287	10	which	which	PRON
ftr-371	287	11	was	be	AUX
ftr-371	287	12	introduced	introduce	VERB
ftr-371	287	13	by	by	ADP
ftr-371	287	14	regulation	regulation	NOUN
ftr-371	287	15	,	,	PUNCT
ftr-371	287	16	into	into	ADP
ftr-371	287	17	the	the	DET
ftr-371	287	18	law	law	NOUN
ftr-371	287	19	,	,	PUNCT
ftr-371	287	20	albeit	albeit	SCONJ
ftr-371	287	21	on	on	ADP
ftr-371	287	22	a	a	DET
ftr-371	287	23	36	36	NUM
ftr-371	287	24	.	.	PUNCT
ftr-371	287	25	principal	principal	ADJ
ftr-371	287	26	-	-	PUNCT
ftr-371	287	27	agent	agent	NOUN
ftr-371	287	28	costs	cost	NOUN
ftr-371	287	29	occur	occur	VERB
ftr-371	287	30	when	when	SCONJ
ftr-371	287	31	the	the	DET
ftr-371	287	32	objectives	objective	NOUN
ftr-371	287	33	of	of	ADP
ftr-371	287	34	the	the	DET
ftr-371	287	35	two	two	NUM
ftr-371	287	36	parties	party	NOUN
ftr-371	287	37	are	be	AUX
ftr-371	287	38	not	not	PART
ftr-371	287	39	identical	identical	ADJ
ftr-371	287	40	.	.	PUNCT
ftr-371	288	1	for	for	ADP
ftr-371	288	2	example	example	NOUN
ftr-371	288	3	,	,	PUNCT
ftr-371	288	4	the	the	DET
ftr-371	288	5	contract	contract	NOUN
ftr-371	288	6	manufacturer	manufacturer	NOUN
ftr-371	288	7	(	(	PUNCT
ftr-371	288	8	the	the	DET
ftr-371	288	9	agent	agent	NOUN
ftr-371	288	10	)	)	PUNCT
ftr-371	288	11	may	may	AUX
ftr-371	288	12	want	want	VERB
ftr-371	288	13	to	to	PART
ftr-371	288	14	increase	increase	VERB
ftr-371	288	15	the	the	DET
ftr-371	288	16	scale	scale	NOUN
ftr-371	288	17	of	of	ADP
ftr-371	288	18	the	the	DET
ftr-371	288	19	operation	operation	NOUN
ftr-371	288	20	rather	rather	ADV
ftr-371	288	21	than	than	ADP
ftr-371	288	22	maximizing	maximize	VERB
ftr-371	288	23	profits	profit	NOUN
ftr-371	288	24	for	for	ADP
ftr-371	288	25	the	the	DET
ftr-371	288	26	firm	firm	NOUN
ftr-371	288	27	authorizing	authorize	VERB
ftr-371	288	28	the	the	DET
ftr-371	288	29	manufacturing	manufacturing	NOUN
ftr-371	288	30	(	(	PUNCT
ftr-371	288	31	the	the	DET
ftr-371	288	32	principal	principal	NOUN
ftr-371	288	33	)	)	PUNCT
ftr-371	288	34	.	.	PUNCT
ftr-371	289	1	37	37	NUM
ftr-371	289	2	.	.	PUNCT
ftr-371	290	1	u.s	u.s	PROPN
ftr-371	290	2	.	.	PROPN
ftr-371	290	3	department	department	PROPN
ftr-371	290	4	of	of	ADP
ftr-371	290	5	treasury	treasury	PROPN
ftr-371	290	6	,	,	PUNCT
ftr-371	290	7	earnings	earning	NOUN
ftr-371	290	8	strippings	stripping	NOUN
ftr-371	290	9	,	,	PUNCT
ftr-371	290	10	transfer	transfer	NOUN
ftr-371	290	11	pricing	pricing	NOUN
ftr-371	290	12	,	,	PUNCT
ftr-371	290	13	and	and	CCONJ
ftr-371	290	14	u.s	u.s	PROPN
ftr-371	290	15	.	.	PROPN
ftr-371	290	16	income	income	NOUN
ftr-371	290	17	tax	tax	NOUN
ftr-371	290	18	treaties	treaty	NOUN
ftr-371	290	19	,	,	PUNCT
ftr-371	290	20	nov	nov	PROPN
ftr-371	290	21	.	.	PROPN
ftr-371	290	22	2007	2007	NUM
ftr-371	290	23	.	.	PUNCT
ftr-371	291	1	484	484	NUM
ftr-371	291	2	florida	florida	PROPN
ftr-371	291	3	tax	tax	NOUN
ftr-371	291	4	review	review	NOUN
ftr-371	291	5	[	[	X
ftr-371	291	6	vol	vol	NOUN
ftr-371	291	7	.	.	NOUN
ftr-371	291	8	9:5	9:5	NUM
ftr-371	291	9	temporary	temporary	ADJ
ftr-371	291	10	basis.38	basis.38	NOUN
ftr-371	291	11	with	with	ADP
ftr-371	291	12	this	this	DET
ftr-371	291	13	mechanism	mechanism	NOUN
ftr-371	291	14	,	,	PUNCT
ftr-371	291	15	for	for	ADP
ftr-371	291	16	example	example	NOUN
ftr-371	291	17	,	,	PUNCT
ftr-371	291	18	loans	loan	NOUN
ftr-371	291	19	from	from	ADP
ftr-371	291	20	an	an	DET
ftr-371	291	21	affiliate	affiliate	NOUN
ftr-371	291	22	in	in	ADP
ftr-371	291	23	a	a	DET
ftr-371	291	24	tax	tax	NOUN
ftr-371	291	25	haven	haven	NOUN
ftr-371	291	26	to	to	ADP
ftr-371	291	27	an	an	DET
ftr-371	291	28	affiliate	affiliate	NOUN
ftr-371	291	29	in	in	ADP
ftr-371	291	30	a	a	DET
ftr-371	291	31	high	high	ADJ
ftr-371	291	32	-	-	PUNCT
ftr-371	291	33	tax	tax	NOUN
ftr-371	291	34	country	country	NOUN
ftr-371	291	35	can	can	AUX
ftr-371	291	36	generate	generate	VERB
ftr-371	291	37	interest	interest	NOUN
ftr-371	291	38	deductions	deduction	NOUN
ftr-371	291	39	in	in	ADP
ftr-371	291	40	the	the	DET
ftr-371	291	41	high	high	ADJ
ftr-371	291	42	-	-	PUNCT
ftr-371	291	43	tax	tax	NOUN
ftr-371	291	44	country	country	NOUN
ftr-371	291	45	,	,	PUNCT
ftr-371	291	46	but	but	CCONJ
ftr-371	291	47	not	not	PART
ftr-371	291	48	lead	lead	VERB
ftr-371	291	49	to	to	ADP
ftr-371	291	50	taxation	taxation	NOUN
ftr-371	291	51	under	under	ADP
ftr-371	291	52	subpart	subpart	PROPN
ftr-371	291	53	f	f	PROPN
ftr-371	291	54	for	for	ADP
ftr-371	291	55	the	the	DET
ftr-371	291	56	interest	interest	NOUN
ftr-371	291	57	income	income	NOUN
ftr-371	291	58	paid	pay	VERB
ftr-371	291	59	to	to	ADP
ftr-371	291	60	the	the	DET
ftr-371	291	61	tax	tax	NOUN
ftr-371	291	62	haven	haven	NOUN
ftr-371	291	63	because	because	SCONJ
ftr-371	291	64	,	,	PUNCT
ftr-371	291	65	from	from	ADP
ftr-371	291	66	the	the	DET
ftr-371	291	67	point	point	NOUN
ftr-371	291	68	of	of	ADP
ftr-371	291	69	view	view	NOUN
ftr-371	291	70	of	of	ADP
ftr-371	291	71	the	the	DET
ftr-371	291	72	u.s	u.s	PROPN
ftr-371	291	73	.	.	PROPN
ftr-371	291	74	tax	tax	NOUN
ftr-371	291	75	authorities	authority	NOUN
ftr-371	291	76	,	,	PUNCT
ftr-371	291	77	the	the	DET
ftr-371	291	78	two	two	NUM
ftr-371	291	79	affiliates	affiliate	NOUN
ftr-371	291	80	are	be	AUX
ftr-371	291	81	one	one	NUM
ftr-371	291	82	company	company	NOUN
ftr-371	291	83	.	.	PUNCT
ftr-371	292	1	similarly	similarly	ADV
ftr-371	292	2	,	,	PUNCT
ftr-371	292	3	once	once	ADV
ftr-371	292	4	an	an	DET
ftr-371	292	5	intangible	intangible	NOUN
ftr-371	292	6	has	have	AUX
ftr-371	292	7	been	be	AUX
ftr-371	292	8	transferred	transfer	VERB
ftr-371	292	9	to	to	ADP
ftr-371	292	10	a	a	DET
ftr-371	292	11	lowtax	lowtax	NOUN
ftr-371	292	12	jurisdiction	jurisdiction	NOUN
ftr-371	292	13	,	,	PUNCT
ftr-371	292	14	earnings	earning	NOUN
ftr-371	292	15	can	can	AUX
ftr-371	292	16	be	be	AUX
ftr-371	292	17	allocated	allocate	VERB
ftr-371	292	18	to	to	ADP
ftr-371	292	19	that	that	DET
ftr-371	292	20	jurisdiction	jurisdiction	NOUN
ftr-371	292	21	by	by	ADP
ftr-371	292	22	arranging	arrange	VERB
ftr-371	292	23	for	for	ADP
ftr-371	292	24	contract	contract	NOUN
ftr-371	292	25	manufacturing	manufacturing	NOUN
ftr-371	292	26	in	in	ADP
ftr-371	292	27	the	the	DET
ftr-371	292	28	(	(	PUNCT
ftr-371	292	29	high	high	ADJ
ftr-371	292	30	-	-	PUNCT
ftr-371	292	31	tax	tax	NOUN
ftr-371	292	32	)	)	PUNCT
ftr-371	292	33	country	country	NOUN
ftr-371	292	34	of	of	ADP
ftr-371	292	35	actual	actual	ADJ
ftr-371	292	36	production	production	NOUN
ftr-371	292	37	and	and	CCONJ
ftr-371	292	38	sale	sale	NOUN
ftr-371	292	39	.	.	PUNCT
ftr-371	293	1	if	if	SCONJ
ftr-371	293	2	most	most	ADJ
ftr-371	293	3	of	of	ADP
ftr-371	293	4	the	the	DET
ftr-371	293	5	profit	profit	NOUN
ftr-371	293	6	from	from	ADP
ftr-371	293	7	production	production	NOUN
ftr-371	293	8	is	be	AUX
ftr-371	293	9	due	due	ADJ
ftr-371	293	10	to	to	ADP
ftr-371	293	11	the	the	DET
ftr-371	293	12	intangible	intangible	NOUN
ftr-371	293	13	,	,	PUNCT
ftr-371	293	14	that	that	DET
ftr-371	293	15	income	income	NOUN
ftr-371	293	16	will	will	AUX
ftr-371	293	17	be	be	AUX
ftr-371	293	18	allocated	allocate	VERB
ftr-371	293	19	to	to	ADP
ftr-371	293	20	the	the	DET
ftr-371	293	21	jurisdiction	jurisdiction	NOUN
ftr-371	293	22	which	which	PRON
ftr-371	293	23	owns	own	VERB
ftr-371	293	24	the	the	DET
ftr-371	293	25	intangible	intangible	NOUN
ftr-371	293	26	.	.	PUNCT
ftr-371	294	1	this	this	DET
ftr-371	294	2	income	income	NOUN
ftr-371	294	3	is	be	AUX
ftr-371	294	4	considered	consider	VERB
ftr-371	294	5	active	active	ADJ
ftr-371	294	6	income	income	NOUN
ftr-371	294	7	and	and	CCONJ
ftr-371	294	8	thus	thus	ADV
ftr-371	294	9	not	not	PART
ftr-371	294	10	captured	capture	VERB
ftr-371	294	11	by	by	ADP
ftr-371	294	12	subpart	subpart	NOUN
ftr-371	294	13	f.39	f.39	NOUN
ftr-371	294	14	as	as	SCONJ
ftr-371	294	15	indicated	indicate	VERB
ftr-371	294	16	above	above	ADV
ftr-371	294	17	,	,	PUNCT
ftr-371	294	18	whether	whether	SCONJ
ftr-371	294	19	these	these	DET
ftr-371	294	20	activities	activity	NOUN
ftr-371	294	21	constitute	constitute	VERB
ftr-371	294	22	avoidance	avoidance	NOUN
ftr-371	294	23	or	or	CCONJ
ftr-371	294	24	evasion	evasion	NOUN
ftr-371	294	25	is	be	AUX
ftr-371	294	26	not	not	PART
ftr-371	294	27	always	always	ADV
ftr-371	294	28	clear	clear	ADJ
ftr-371	294	29	.	.	PUNCT
ftr-371	295	1	a	a	DET
ftr-371	295	2	firm	firm	NOUN
ftr-371	295	3	that	that	PRON
ftr-371	295	4	deliberately	deliberately	ADV
ftr-371	295	5	sets	set	VERB
ftr-371	295	6	its	its	PRON
ftr-371	295	7	prices	price	NOUN
ftr-371	295	8	knowing	know	VERB
ftr-371	295	9	that	that	SCONJ
ftr-371	295	10	they	they	PRON
ftr-371	295	11	are	be	AUX
ftr-371	295	12	not	not	PART
ftr-371	295	13	arms	arm	NOUN
ftr-371	295	14	length	length	NOUN
ftr-371	295	15	,	,	PUNCT
ftr-371	295	16	given	give	VERB
ftr-371	295	17	the	the	DET
ftr-371	295	18	requirement	requirement	NOUN
ftr-371	295	19	of	of	ADP
ftr-371	295	20	such	such	ADJ
ftr-371	295	21	pricing	pricing	NOUN
ftr-371	295	22	,	,	PUNCT
ftr-371	295	23	might	might	AUX
ftr-371	295	24	be	be	AUX
ftr-371	295	25	deemed	deem	VERB
ftr-371	295	26	to	to	PART
ftr-371	295	27	be	be	AUX
ftr-371	295	28	engaging	engage	VERB
ftr-371	295	29	in	in	ADP
ftr-371	295	30	evasion	evasion	NOUN
ftr-371	295	31	rather	rather	ADV
ftr-371	295	32	than	than	ADP
ftr-371	295	33	avoidance	avoidance	NOUN
ftr-371	295	34	,	,	PUNCT
ftr-371	295	35	while	while	SCONJ
ftr-371	295	36	a	a	DET
ftr-371	295	37	firm	firm	NOUN
ftr-371	295	38	that	that	PRON
ftr-371	295	39	structures	structure	VERB
ftr-371	295	40	transactions	transaction	NOUN
ftr-371	295	41	using	use	VERB
ftr-371	295	42	check	check	NOUN
ftr-371	295	43	-	-	PUNCT
ftr-371	295	44	the	the	DET
ftr-371	295	45	-	-	PUNCT
ftr-371	295	46	box	box	NOUN
ftr-371	295	47	and	and	CCONJ
ftr-371	295	48	the	the	DET
ftr-371	295	49	recently	recently	ADV
ftr-371	295	50	enacted	enact	VERB
ftr-371	295	51	tax	tax	NOUN
ftr-371	295	52	revision	revision	NOUN
ftr-371	295	53	appears	appear	VERB
ftr-371	295	54	to	to	PART
ftr-371	295	55	be	be	AUX
ftr-371	295	56	engaged	engage	VERB
ftr-371	295	57	in	in	ADP
ftr-371	295	58	avoidance	avoidance	NOUN
ftr-371	295	59	.	.	PUNCT
ftr-371	296	1	one	one	NUM
ftr-371	296	2	difference	difference	NOUN
ftr-371	296	3	between	between	ADP
ftr-371	296	4	the	the	DET
ftr-371	296	5	two	two	NUM
ftr-371	296	6	is	be	AUX
ftr-371	296	7	that	that	SCONJ
ftr-371	296	8	the	the	DET
ftr-371	296	9	remedies	remedy	NOUN
ftr-371	296	10	for	for	ADP
ftr-371	296	11	addressing	address	VERB
ftr-371	296	12	avoidance	avoidance	NOUN
ftr-371	296	13	may	may	AUX
ftr-371	296	14	be	be	AUX
ftr-371	296	15	more	more	ADV
ftr-371	296	16	directly	directly	ADV
ftr-371	296	17	addressed	address	VERB
ftr-371	296	18	with	with	ADP
ftr-371	296	19	changes	change	NOUN
ftr-371	296	20	in	in	ADP
ftr-371	296	21	the	the	DET
ftr-371	296	22	law	law	NOUN
ftr-371	296	23	and	and	CCONJ
ftr-371	296	24	regulations	regulation	NOUN
ftr-371	296	25	,	,	PUNCT
ftr-371	296	26	while	while	SCONJ
ftr-371	296	27	addressing	address	VERB
ftr-371	296	28	tax	tax	NOUN
ftr-371	296	29	evasion	evasion	NOUN
ftr-371	296	30	may	may	AUX
ftr-371	296	31	require	require	VERB
ftr-371	296	32	expenditures	expenditure	NOUN
ftr-371	296	33	on	on	ADP
ftr-371	296	34	tax	tax	NOUN
ftr-371	296	35	enforcement	enforcement	NOUN
ftr-371	296	36	.	.	PUNCT
ftr-371	297	1	companies	company	NOUN
ftr-371	297	2	also	also	ADV
ftr-371	297	3	can	can	AUX
ftr-371	297	4	avoid	avoid	VERB
ftr-371	297	5	subpart	subpart	NOUN
ftr-371	297	6	f	f	PROPN
ftr-371	297	7	and	and	CCONJ
ftr-371	297	8	other	other	ADJ
ftr-371	297	9	u.s	u.s	PROPN
ftr-371	297	10	.	.	PROPN
ftr-371	297	11	allocation	allocation	NOUN
ftr-371	297	12	rules	rule	NOUN
ftr-371	297	13	by	by	ADP
ftr-371	297	14	inversions	inversion	NOUN
ftr-371	297	15	,	,	PUNCT
ftr-371	297	16	or	or	CCONJ
ftr-371	297	17	shifting	shift	VERB
ftr-371	297	18	headquarters	headquarters	NOUN
ftr-371	297	19	to	to	ADP
ftr-371	297	20	other	other	ADJ
ftr-371	297	21	countries	country	NOUN
ftr-371	297	22	,	,	PUNCT
ftr-371	297	23	which	which	PRON
ftr-371	297	24	places	place	VERB
ftr-371	297	25	the	the	DET
ftr-371	297	26	firm	firm	NOUN
ftr-371	297	27	=	=	NOUN
ftr-371	297	28	s	s	PART
ftr-371	297	29	foreign	foreign	ADJ
ftr-371	297	30	operations	operation	NOUN
ftr-371	297	31	outside	outside	ADP
ftr-371	297	32	the	the	DET
ftr-371	297	33	reach	reach	NOUN
ftr-371	297	34	of	of	ADP
ftr-371	297	35	u.s	u.s	PROPN
ftr-371	297	36	.	.	PROPN
ftr-371	297	37	tax	tax	NOUN
ftr-371	297	38	law	law	NOUN
ftr-371	297	39	.	.	PUNCT
ftr-371	298	1	inversions	inversion	NOUN
ftr-371	298	2	also	also	ADV
ftr-371	298	3	facilitate	facilitate	VERB
ftr-371	298	4	earnings	earning	NOUN
ftr-371	298	5	stripping	stripping	NOUN
ftr-371	298	6	(	(	PUNCT
ftr-371	298	7	reducing	reduce	VERB
ftr-371	298	8	the	the	DET
ftr-371	298	9	u.s	u.s	PROPN
ftr-371	298	10	.	.	PROPN
ftr-371	298	11	income	income	NOUN
ftr-371	298	12	tax	tax	NOUN
ftr-371	298	13	base	base	NOUN
ftr-371	298	14	through	through	ADP
ftr-371	298	15	leveraging	leverage	VERB
ftr-371	298	16	)	)	PUNCT
ftr-371	298	17	.	.	PUNCT
ftr-371	299	1	in	in	ADP
ftr-371	299	2	2004	2004	NUM
ftr-371	299	3	,	,	PUNCT
ftr-371	299	4	restrictions	restriction	NOUN
ftr-371	299	5	on	on	ADP
ftr-371	299	6	this	this	DET
ftr-371	299	7	activity	activity	NOUN
ftr-371	299	8	were	be	AUX
ftr-371	299	9	enacted	enact	VERB
ftr-371	299	10	and	and	CCONJ
ftr-371	299	11	those	those	PRON
ftr-371	299	12	,	,	PUNCT
ftr-371	299	13	along	along	ADP
ftr-371	299	14	with	with	ADP
ftr-371	299	15	publicity	publicity	NOUN
ftr-371	299	16	,	,	PUNCT
ftr-371	299	17	may	may	AUX
ftr-371	299	18	have	have	AUX
ftr-371	299	19	stemmed	stem	VERB
ftr-371	299	20	this	this	DET
ftr-371	299	21	activity	activity	NOUN
ftr-371	299	22	.	.	PUNCT
ftr-371	300	1	but	but	CCONJ
ftr-371	300	2	inversion	inversion	NOUN
ftr-371	300	3	,	,	PUNCT
ftr-371	300	4	along	along	ADP
ftr-371	300	5	with	with	ADP
ftr-371	300	6	the	the	DET
ftr-371	300	7	possibility	possibility	NOUN
ftr-371	300	8	of	of	ADP
ftr-371	300	9	international	international	ADJ
ftr-371	300	10	mergers	merger	NOUN
ftr-371	300	11	with	with	ADP
ftr-371	300	12	the	the	DET
ftr-371	300	13	foreign	foreign	ADJ
ftr-371	300	14	firm	firm	NOUN
ftr-371	300	15	becoming	become	VERB
ftr-371	300	16	the	the	DET
ftr-371	300	17	parent	parent	NOUN
ftr-371	300	18	,	,	PUNCT
ftr-371	300	19	remain	remain	VERB
ftr-371	300	20	potential	potential	ADJ
ftr-371	300	21	ways	way	NOUN
ftr-371	300	22	of	of	ADP
ftr-371	300	23	shifting	shift	VERB
ftr-371	300	24	organizational	organizational	ADJ
ftr-371	300	25	form	form	NOUN
ftr-371	300	26	to	to	PART
ftr-371	300	27	avoid	avoid	VERB
ftr-371	300	28	taxes	taxis	NOUN
ftr-371	300	29	without	without	ADP
ftr-371	300	30	altering	alter	VERB
ftr-371	300	31	real	real	ADJ
ftr-371	300	32	activity	activity	NOUN
ftr-371	300	33	.	.	PUNCT
ftr-371	301	1	there	there	PRON
ftr-371	301	2	is	be	VERB
ftr-371	301	3	ample	ample	ADJ
ftr-371	301	4	evidence	evidence	NOUN
ftr-371	301	5	that	that	SCONJ
ftr-371	301	6	income	income	NOUN
ftr-371	301	7	shifting	shift	VERB
ftr-371	301	8	is	be	AUX
ftr-371	301	9	occurring	occur	VERB
ftr-371	301	10	,	,	PUNCT
ftr-371	301	11	although	although	SCONJ
ftr-371	301	12	the	the	DET
ftr-371	301	13	degree	degree	NOUN
ftr-371	301	14	of	of	ADP
ftr-371	301	15	the	the	DET
ftr-371	301	16	shifting	shifting	NOUN
ftr-371	301	17	is	be	AUX
ftr-371	301	18	not	not	PART
ftr-371	301	19	as	as	ADV
ftr-371	301	20	easily	easily	ADV
ftr-371	301	21	known	know	VERB
ftr-371	301	22	.	.	PUNCT
ftr-371	302	1	grubert	grubert	NOUN
ftr-371	302	2	and	and	CCONJ
ftr-371	302	3	altshuler	altshuler	NOUN
ftr-371	302	4	,	,	PUNCT
ftr-371	302	5	for	for	ADP
ftr-371	302	6	example	example	NOUN
ftr-371	302	7	,	,	PUNCT
ftr-371	302	8	point	point	VERB
ftr-371	302	9	out	out	ADP
ftr-371	302	10	that	that	SCONJ
ftr-371	302	11	profits	profit	NOUN
ftr-371	302	12	of	of	ADP
ftr-371	302	13	controlled	control	VERB
ftr-371	302	14	foreign	foreign	ADJ
ftr-371	302	15	corporations	corporation	NOUN
ftr-371	302	16	in	in	ADP
ftr-371	302	17	manufacturing	manufacturing	NOUN
ftr-371	302	18	relative	relative	ADJ
ftr-371	302	19	to	to	ADP
ftr-371	302	20	sales	sale	NOUN
ftr-371	302	21	in	in	ADP
ftr-371	302	22	ireland	ireland	PROPN
ftr-371	302	23	,	,	PUNCT
ftr-371	302	24	a	a	DET
ftr-371	302	25	low	low	ADJ
ftr-371	302	26	-	-	PUNCT
ftr-371	302	27	tax	tax	NOUN
ftr-371	302	28	country	country	NOUN
ftr-371	302	29	,	,	PUNCT
ftr-371	302	30	are	be	AUX
ftr-371	302	31	three	three	NUM
ftr-371	302	32	times	time	NOUN
ftr-371	302	33	the	the	DET
ftr-371	302	34	group	group	PROPN
ftr-371	302	35	mean.40	mean.40	PROPN
ftr-371	302	36	gao	gao	PROPN
ftr-371	302	37	showed	show	VERB
ftr-371	302	38	that	that	SCONJ
ftr-371	302	39	low	low	ADJ
ftr-371	302	40	-	-	PUNCT
ftr-371	302	41	tax	tax	NOUN
ftr-371	302	42	countries	country	NOUN
ftr-371	302	43	such	such	ADJ
ftr-371	302	44	as	as	ADP
ftr-371	302	45	bermuda	bermuda	PROPN
ftr-371	302	46	,	,	PUNCT
ftr-371	302	47	ireland	ireland	PROPN
ftr-371	302	48	,	,	PUNCT
ftr-371	302	49	the	the	DET
ftr-371	302	50	uk	uk	PROPN
ftr-371	302	51	caribbean	caribbean	PROPN
ftr-371	302	52	,	,	PUNCT
ftr-371	302	53	38	38	NUM
ftr-371	302	54	.	.	PUNCT
ftr-371	303	1	see	see	VERB
ftr-371	303	2	david	david	PROPN
ftr-371	303	3	r.	r.	PROPN
ftr-371	303	4	sicular	sicular	PROPN
ftr-371	303	5	,	,	PUNCT
ftr-371	303	6	“	"	PUNCT
ftr-371	303	7	the	the	DET
ftr-371	303	8	new	new	ADJ
ftr-371	303	9	look	look	VERB
ftr-371	303	10	-	-	PUNCT
ftr-371	303	11	through	through	ADP
ftr-371	303	12	rule	rule	NOUN
ftr-371	303	13	:	:	PUNCT
ftr-371	303	14	w(h)ither	w(h)ither	PRON
ftr-371	303	15	subpart	subpart	NOUN
ftr-371	303	16	f	f	NOUN
ftr-371	303	17	?	?	PUNCT
ftr-371	303	18	”	"	PUNCT
ftr-371	303	19	tax	tax	NOUN
ftr-371	303	20	notes	note	NOUN
ftr-371	303	21	,	,	PUNCT
ftr-371	303	22	apr	apr	PROPN
ftr-371	303	23	.	.	PROPN
ftr-371	303	24	23	23	NUM
ftr-371	303	25	,	,	PUNCT
ftr-371	303	26	2007	2007	NUM
ftr-371	303	27	,	,	PUNCT
ftr-371	303	28	pp	pp	ADJ
ftr-371	303	29	.	.	PUNCT
ftr-371	304	1	349	349	NUM
ftr-371	304	2	-	-	SYM
ftr-371	304	3	378	378	NUM
ftr-371	304	4	for	for	ADP
ftr-371	304	5	a	a	DET
ftr-371	304	6	discussion	discussion	NOUN
ftr-371	304	7	of	of	ADP
ftr-371	304	8	the	the	DET
ftr-371	304	9	evolution	evolution	NOUN
ftr-371	304	10	of	of	ADP
ftr-371	304	11	this	this	DET
ftr-371	304	12	provision	provision	NOUN
ftr-371	304	13	.	.	PUNCT
ftr-371	305	1	39	39	NUM
ftr-371	305	2	.	.	PUNCT
ftr-371	306	1	for	for	ADP
ftr-371	306	2	a	a	DET
ftr-371	306	3	discussion	discussion	NOUN
ftr-371	306	4	of	of	ADP
ftr-371	306	5	tax	tax	NOUN
ftr-371	306	6	planning	planning	NOUN
ftr-371	306	7	techniques	technique	NOUN
ftr-371	306	8	see	see	VERB
ftr-371	306	9	organization	organization	NOUN
ftr-371	306	10	for	for	ADP
ftr-371	306	11	economic	economic	ADJ
ftr-371	306	12	development	development	NOUN
ftr-371	306	13	and	and	CCONJ
ftr-371	306	14	cooperation	cooperation	NOUN
ftr-371	306	15	(	(	PUNCT
ftr-371	306	16	oecd	oecd	PROPN
ftr-371	306	17	)	)	PUNCT
ftr-371	306	18	,	,	PUNCT
ftr-371	306	19	tax	tax	NOUN
ftr-371	306	20	effects	effect	NOUN
ftr-371	306	21	on	on	ADP
ftr-371	306	22	foreign	foreign	ADJ
ftr-371	306	23	direct	direct	ADJ
ftr-371	306	24	investment	investment	NOUN
ftr-371	306	25	:	:	PUNCT
ftr-371	306	26	recent	recent	ADJ
ftr-371	306	27	evidence	evidence	NOUN
ftr-371	306	28	and	and	CCONJ
ftr-371	306	29	policy	policy	NOUN
ftr-371	306	30	analysis	analysis	NOUN
ftr-371	306	31	,	,	PUNCT
ftr-371	306	32	oecd	oecd	PROPN
ftr-371	306	33	tax	tax	NOUN
ftr-371	306	34	policy	policy	NOUN
ftr-371	306	35	studies	study	NOUN
ftr-371	306	36	,	,	PUNCT
ftr-371	306	37	nov	nov	PROPN
ftr-371	306	38	.	.	PROPN
ftr-371	306	39	17	17	NUM
ftr-371	306	40	,	,	PUNCT
ftr-371	306	41	2007	2007	NUM
ftr-371	306	42	,	,	PUNCT
ftr-371	306	43	chapter	chapter	NOUN
ftr-371	306	44	5	5	NUM
ftr-371	306	45	.	.	NUM
ftr-371	306	46	40	40	NUM
ftr-371	306	47	.	.	PUNCT
ftr-371	307	1	harry	harry	PROPN
ftr-371	307	2	grubert	grubert	PROPN
ftr-371	307	3	and	and	CCONJ
ftr-371	307	4	rosanne	rosanne	PROPN
ftr-371	307	5	altshuler	altshuler	NOUN
ftr-371	307	6	,	,	PUNCT
ftr-371	307	7	“	"	PUNCT
ftr-371	307	8	corporate	corporate	ADJ
ftr-371	307	9	taxes	taxis	NOUN
ftr-371	307	10	in	in	ADP
ftr-371	307	11	a	a	DET
ftr-371	307	12	world	world	NOUN
ftr-371	307	13	economy	economy	NOUN
ftr-371	307	14	:	:	PUNCT
ftr-371	307	15	reforming	reform	VERB
ftr-371	307	16	the	the	DET
ftr-371	307	17	taxation	taxation	NOUN
ftr-371	307	18	of	of	ADP
ftr-371	307	19	cross	cross	ADJ
ftr-371	307	20	-	-	ADJ
ftr-371	307	21	bordern	bordern	ADJ
ftr-371	307	22	income	income	NOUN
ftr-371	307	23	,	,	PUNCT
ftr-371	307	24	”	"	PUNCT
ftr-371	307	25	in	in	ADP
ftr-371	307	26	john	john	PROPN
ftr-371	307	27	w.	w.	PROPN
ftr-371	307	28	diamond	diamond	PROPN
ftr-371	307	29	and	and	CCONJ
ftr-371	307	30	george	george	PROPN
ftr-371	307	31	zodrow	zodrow	PROPN
ftr-371	307	32	,	,	PUNCT
ftr-371	307	33	eds	eds	PROPN
ftr-371	307	34	.	.	PROPN
ftr-371	307	35	,	,	PUNCT
ftr-371	307	36	fundamental	fundamental	ADJ
ftr-371	307	37	tax	tax	NOUN
ftr-371	307	38	reform	reform	NOUN
ftr-371	307	39	:	:	PUNCT
ftr-371	307	40	issues	issue	NOUN
ftr-371	307	41	,	,	PUNCT
ftr-371	307	42	choices	choice	NOUN
ftr-371	307	43	and	and	CCONJ
ftr-371	307	44	implications	implication	NOUN
ftr-371	307	45	,	,	PUNCT
ftr-371	307	46	cambridge	cambridge	PROPN
ftr-371	307	47	,	,	PUNCT
ftr-371	307	48	mit	mit	PROPN
ftr-371	307	49	press	press	NOUN
ftr-371	307	50	,	,	PUNCT
ftr-371	307	51	2008	2008	NUM
ftr-371	307	52	.	.	PUNCT
ftr-371	308	1	2009	2009	NUM
ftr-371	308	2	]	]	PUNCT
ftr-371	308	3	international	international	ADJ
ftr-371	308	4	corporate	corporate	ADJ
ftr-371	308	5	tax	tax	NOUN
ftr-371	308	6	reform	reform	NOUN
ftr-371	308	7	485	485	NUM
ftr-371	308	8	singapore	singapore	NOUN
ftr-371	308	9	,	,	PUNCT
ftr-371	308	10	and	and	CCONJ
ftr-371	308	11	switzerland	switzerland	PROPN
ftr-371	308	12	had	have	VERB
ftr-371	308	13	a	a	DET
ftr-371	308	14	higher	high	ADJ
ftr-371	308	15	share	share	NOUN
ftr-371	308	16	of	of	ADP
ftr-371	308	17	pretax	pretax	ADJ
ftr-371	308	18	profits	profit	NOUN
ftr-371	308	19	of	of	ADP
ftr-371	308	20	u.s	u.s	PROPN
ftr-371	308	21	.	.	PROPN
ftr-371	308	22	multinationals	multinational	NOUN
ftr-371	308	23	than	than	SCONJ
ftr-371	308	24	they	they	PRON
ftr-371	308	25	did	do	AUX
ftr-371	308	26	of	of	ADP
ftr-371	308	27	value	value	NOUN
ftr-371	308	28	added	add	VERB
ftr-371	308	29	,	,	PUNCT
ftr-371	308	30	sales	sale	NOUN
ftr-371	308	31	,	,	PUNCT
ftr-371	308	32	physical	physical	ADJ
ftr-371	308	33	assets	asset	NOUN
ftr-371	308	34	,	,	PUNCT
ftr-371	308	35	compensation	compensation	NOUN
ftr-371	308	36	,	,	PUNCT
ftr-371	308	37	or	or	CCONJ
ftr-371	308	38	employees.41	employees.41	PROPN
ftr-371	308	39	martin	martin	PROPN
ftr-371	308	40	sullivan	sullivan	PROPN
ftr-371	308	41	has	have	AUX
ftr-371	308	42	been	be	AUX
ftr-371	308	43	reporting	report	VERB
ftr-371	308	44	on	on	ADP
ftr-371	308	45	the	the	DET
ftr-371	308	46	discrepancies	discrepancy	NOUN
ftr-371	308	47	in	in	ADP
ftr-371	308	48	pretax	pretax	ADJ
ftr-371	308	49	return	return	NOUN
ftr-371	308	50	on	on	ADP
ftr-371	308	51	assets	asset	NOUN
ftr-371	308	52	across	across	ADP
ftr-371	308	53	tax	tax	NOUN
ftr-371	308	54	havens	haven	NOUN
ftr-371	308	55	for	for	ADP
ftr-371	308	56	many	many	ADJ
ftr-371	308	57	years	year	NOUN
ftr-371	308	58	.	.	PUNCT
ftr-371	309	1	for	for	ADP
ftr-371	309	2	example	example	NOUN
ftr-371	309	3	,	,	PUNCT
ftr-371	309	4	in	in	ADP
ftr-371	309	5	2004	2004	NUM
ftr-371	309	6	,	,	PUNCT
ftr-371	309	7	he	he	PRON
ftr-371	309	8	reports	report	VERB
ftr-371	309	9	a	a	DET
ftr-371	309	10	return	return	NOUN
ftr-371	309	11	on	on	ADP
ftr-371	309	12	assets	asset	NOUN
ftr-371	309	13	for	for	ADP
ftr-371	309	14	1998	1998	NUM
ftr-371	309	15	averaged	average	VERB
ftr-371	309	16	8.4	8.4	NUM
ftr-371	309	17	%	%	NOUN
ftr-371	309	18	for	for	ADP
ftr-371	309	19	u.s	u.s	PROPN
ftr-371	309	20	.	.	PROPN
ftr-371	309	21	manufacturing	manufacturing	NOUN
ftr-371	309	22	subsidiaries	subsidiary	NOUN
ftr-371	309	23	,	,	PUNCT
ftr-371	309	24	but	but	CCONJ
ftr-371	309	25	the	the	DET
ftr-371	309	26	returns	return	NOUN
ftr-371	309	27	were	be	AUX
ftr-371	309	28	23.8	23.8	NUM
ftr-371	309	29	%	%	NOUN
ftr-371	309	30	in	in	ADP
ftr-371	309	31	ireland	ireland	NOUN
ftr-371	309	32	,	,	PUNCT
ftr-371	309	33	17.9	17.9	NUM
ftr-371	309	34	%	%	NOUN
ftr-371	309	35	in	in	ADP
ftr-371	309	36	switzerland	switzerland	PROPN
ftr-371	309	37	,	,	PUNCT
ftr-371	309	38	and	and	CCONJ
ftr-371	309	39	16.6	16.6	NUM
ftr-371	309	40	%	%	NOUN
ftr-371	309	41	in	in	ADP
ftr-371	309	42	the	the	DET
ftr-371	309	43	cayman	cayman	PROPN
ftr-371	309	44	islands	island	NOUN
ftr-371	309	45	,	,	PUNCT
ftr-371	309	46	three	three	NUM
ftr-371	309	47	well	well	ADV
ftr-371	309	48	-	-	PUNCT
ftr-371	309	49	known	know	VERB
ftr-371	309	50	tax	tax	NOUN
ftr-371	309	51	havens.42	havens.42	SCONJ
ftr-371	309	52	he	he	PRON
ftr-371	309	53	has	have	AUX
ftr-371	309	54	also	also	ADV
ftr-371	309	55	documented	document	VERB
ftr-371	309	56	the	the	DET
ftr-371	309	57	growth	growth	NOUN
ftr-371	309	58	of	of	ADP
ftr-371	309	59	profits	profit	NOUN
ftr-371	309	60	in	in	ADP
ftr-371	309	61	tax	tax	NOUN
ftr-371	309	62	havens.43	havens.43	NOUN
ftr-371	309	63	more	more	ADV
ftr-371	309	64	recently	recently	ADV
ftr-371	309	65	,	,	PUNCT
ftr-371	309	66	he	he	PRON
ftr-371	309	67	reported	report	VERB
ftr-371	309	68	that	that	PRON
ftr-371	309	69	of	of	ADP
ftr-371	309	70	the	the	DET
ftr-371	309	71	ten	ten	NUM
ftr-371	309	72	countries	country	NOUN
ftr-371	309	73	that	that	PRON
ftr-371	309	74	accounted	account	VERB
ftr-371	309	75	for	for	ADP
ftr-371	309	76	the	the	DET
ftr-371	309	77	most	most	ADV
ftr-371	309	78	foreign	foreign	ADJ
ftr-371	309	79	multinational	multinational	ADJ
ftr-371	309	80	profits	profit	NOUN
ftr-371	309	81	,	,	PUNCT
ftr-371	309	82	the	the	DET
ftr-371	309	83	five	five	NUM
ftr-371	309	84	countries	country	NOUN
ftr-371	309	85	with	with	ADP
ftr-371	309	86	the	the	DET
ftr-371	309	87	highest	high	ADJ
ftr-371	309	88	manufacturing	manufacturing	NOUN
ftr-371	309	89	returns	return	NOUN
ftr-371	309	90	for	for	ADP
ftr-371	309	91	2004	2004	NUM
ftr-371	309	92	(	(	PUNCT
ftr-371	309	93	the	the	DET
ftr-371	309	94	netherlands	netherlands	PROPN
ftr-371	309	95	,	,	PUNCT
ftr-371	309	96	bermuda	bermuda	PROPN
ftr-371	309	97	,	,	PUNCT
ftr-371	309	98	ireland	ireland	PROPN
ftr-371	309	99	,	,	PUNCT
ftr-371	309	100	switzerland	switzerland	PROPN
ftr-371	309	101	,	,	PUNCT
ftr-371	309	102	and	and	CCONJ
ftr-371	309	103	china	china	PROPN
ftr-371	309	104	)	)	PUNCT
ftr-371	309	105	all	all	PRON
ftr-371	309	106	had	have	VERB
ftr-371	309	107	tax	tax	NOUN
ftr-371	309	108	rates	rate	NOUN
ftr-371	309	109	below	below	ADP
ftr-371	309	110	12	12	NUM
ftr-371	309	111	%	%	NOUN
ftr-371	309	112	while	while	SCONJ
ftr-371	309	113	the	the	DET
ftr-371	309	114	five	five	NUM
ftr-371	309	115	countries	country	NOUN
ftr-371	309	116	with	with	ADP
ftr-371	309	117	lower	low	ADJ
ftr-371	309	118	returns	return	NOUN
ftr-371	309	119	(	(	PUNCT
ftr-371	309	120	canada	canada	PROPN
ftr-371	309	121	,	,	PUNCT
ftr-371	309	122	japan	japan	PROPN
ftr-371	309	123	,	,	PUNCT
ftr-371	309	124	mexico	mexico	PROPN
ftr-371	309	125	,	,	PUNCT
ftr-371	309	126	australia	australia	PROPN
ftr-371	309	127	,	,	PUNCT
ftr-371	309	128	and	and	CCONJ
ftr-371	309	129	the	the	DET
ftr-371	309	130	united	united	ADJ
ftr-371	309	131	kingdom	kingdom	PROPN
ftr-371	309	132	)	)	PUNCT
ftr-371	309	133	had	have	VERB
ftr-371	309	134	tax	tax	NOUN
ftr-371	309	135	rates	rate	NOUN
ftr-371	309	136	in	in	ADP
ftr-371	309	137	excess	excess	NOUN
ftr-371	309	138	of	of	ADP
ftr-371	309	139	23%.44	23%.44	NUM
ftr-371	309	140	gravelle	gravelle	NOUN
ftr-371	309	141	points	point	VERB
ftr-371	309	142	out	out	ADP
ftr-371	309	143	that	that	SCONJ
ftr-371	309	144	the	the	DET
ftr-371	309	145	earnings	earning	NOUN
ftr-371	309	146	of	of	ADP
ftr-371	309	147	multinationals	multinational	NOUN
ftr-371	309	148	in	in	ADP
ftr-371	309	149	the	the	DET
ftr-371	309	150	cayman	cayman	NOUN
ftr-371	309	151	islands	island	NOUN
ftr-371	309	152	is	be	AUX
ftr-371	309	153	larger	large	ADJ
ftr-371	309	154	than	than	SCONJ
ftr-371	309	155	the	the	DET
ftr-371	309	156	cayman	cayman	PROPN
ftr-371	309	157	islands	island	NOUN
ftr-371	309	158	gdp.45	gdp.45	VERB
ftr-371	309	159	a	a	DET
ftr-371	309	160	number	number	NOUN
ftr-371	309	161	of	of	ADP
ftr-371	309	162	econometric	econometric	ADJ
ftr-371	309	163	studies	study	NOUN
ftr-371	309	164	of	of	ADP
ftr-371	309	165	this	this	DET
ftr-371	309	166	issue	issue	NOUN
ftr-371	309	167	have	have	AUX
ftr-371	309	168	also	also	ADV
ftr-371	309	169	been	be	AUX
ftr-371	309	170	reported	report	VERB
ftr-371	309	171	in	in	ADP
ftr-371	309	172	the	the	DET
ftr-371	309	173	economics	economic	NOUN
ftr-371	309	174	literature,46	literature,46	NOUN
ftr-371	309	175	and	and	CCONJ
ftr-371	309	176	the	the	DET
ftr-371	309	177	recent	recent	ADJ
ftr-371	309	178	study	study	NOUN
ftr-371	309	179	by	by	ADP
ftr-371	309	180	the	the	DET
ftr-371	309	181	joint	joint	ADJ
ftr-371	309	182	committee	committee	NOUN
ftr-371	309	183	on	on	ADP
ftr-371	309	184	taxation	taxation	NOUN
ftr-371	309	185	reviews	review	VERB
ftr-371	309	186	the	the	DET
ftr-371	309	187	literature.47	literature.47	PROPN
ftr-371	309	188	the	the	DET
ftr-371	309	189	magnitude	magnitude	NOUN
ftr-371	309	190	of	of	ADP
ftr-371	309	191	these	these	DET
ftr-371	309	192	effects	effect	NOUN
ftr-371	309	193	on	on	ADP
ftr-371	309	194	revenues	revenue	NOUN
ftr-371	309	195	is	be	AUX
ftr-371	309	196	,	,	PUNCT
ftr-371	309	197	however	however	ADV
ftr-371	309	198	,	,	PUNCT
ftr-371	309	199	uncertain	uncertain	ADJ
ftr-371	309	200	.	.	PUNCT
ftr-371	310	1	the	the	DET
ftr-371	310	2	joint	joint	ADJ
ftr-371	310	3	committee	committee	NOUN
ftr-371	310	4	on	on	ADP
ftr-371	310	5	taxation	taxation	NOUN
ftr-371	310	6	,	,	PUNCT
ftr-371	310	7	which	which	PRON
ftr-371	310	8	prepares	prepare	VERB
ftr-371	310	9	official	official	ADJ
ftr-371	310	10	revenue	revenue	NOUN
ftr-371	310	11	estimates	estimate	NOUN
ftr-371	310	12	projects	project	VERB
ftr-371	310	13	the	the	DET
ftr-371	310	14	revenue	revenue	NOUN
ftr-371	310	15	gain	gain	NOUN
ftr-371	310	16	from	from	ADP
ftr-371	310	17	ending	end	VERB
ftr-371	310	18	deferral	deferral	NOUN
ftr-371	310	19	to	to	PART
ftr-371	310	20	be	be	AUX
ftr-371	310	21	about	about	ADP
ftr-371	310	22	$	$	SYM
ftr-371	310	23	6	6	NUM
ftr-371	310	24	billion	billion	NUM
ftr-371	310	25	a	a	DET
ftr-371	310	26	year,48	year,48	NOUN
ftr-371	310	27	a	a	DET
ftr-371	310	28	figure	figure	NOUN
ftr-371	310	29	that	that	PRON
ftr-371	310	30	should	should	AUX
ftr-371	310	31	capture	capture	VERB
ftr-371	310	32	both	both	CCONJ
ftr-371	310	33	the	the	DET
ftr-371	310	34	income	income	NOUN
ftr-371	310	35	retained	retain	VERB
ftr-371	310	36	abroad	abroad	ADV
ftr-371	310	37	and	and	CCONJ
ftr-371	310	38	not	not	PART
ftr-371	310	39	taxed	tax	VERB
ftr-371	310	40	and	and	CCONJ
ftr-371	310	41	income	income	NOUN
ftr-371	310	42	artificially	artificially	ADV
ftr-371	310	43	shifted	shift	VERB
ftr-371	310	44	abroad	abroad	ADV
ftr-371	310	45	because	because	SCONJ
ftr-371	310	46	of	of	ADP
ftr-371	310	47	lower	low	ADJ
ftr-371	310	48	tax	tax	NOUN
ftr-371	310	49	rates	rate	NOUN
ftr-371	310	50	.	.	PUNCT
ftr-371	311	1	altshuler	altshuler	NOUN
ftr-371	311	2	and	and	CCONJ
ftr-371	311	3	grubert	grubert	PROPN
ftr-371	311	4	project	project	NOUN
ftr-371	311	5	a	a	DET
ftr-371	311	6	higher	high	ADJ
ftr-371	311	7	number	number	NOUN
ftr-371	311	8	:	:	PUNCT
ftr-371	311	9	they	they	PRON
ftr-371	311	10	estimate	estimate	VERB
ftr-371	311	11	for	for	ADP
ftr-371	311	12	2002	2002	NUM
ftr-371	311	13	that	that	SCONJ
ftr-371	311	14	the	the	DET
ftr-371	311	15	corporate	corporate	ADJ
ftr-371	311	16	tax	tax	NOUN
ftr-371	311	17	could	could	AUX
ftr-371	311	18	be	be	AUX
ftr-371	311	19	cut	cut	VERB
ftr-371	311	20	to	to	ADP
ftr-371	311	21	28	28	NUM
ftr-371	311	22	%	%	NOUN
ftr-371	311	23	if	if	SCONJ
ftr-371	311	24	deferral	deferral	ADJ
ftr-371	311	25	were	be	AUX
ftr-371	311	26	ended	end	VERB
ftr-371	311	27	,	,	PUNCT
ftr-371	311	28	and	and	CCONJ
ftr-371	312	1	based	base	VERB
ftr-371	312	2	on	on	ADP
ftr-371	312	3	corporate	corporate	ADJ
ftr-371	312	4	revenue	revenue	NOUN
ftr-371	312	5	in	in	ADP
ftr-371	312	6	that	that	DET
ftr-371	312	7	year	year	NOUN
ftr-371	312	8	the	the	DET
ftr-371	312	9	gain	gain	NOUN
ftr-371	312	10	is	be	AUX
ftr-371	312	11	about	about	ADV
ftr-371	312	12	$	$	SYM
ftr-371	312	13	11	11	NUM
ftr-371	312	14	billion.49	billion.49	NOUN
ftr-371	312	15	that	that	DET
ftr-371	312	16	year	year	NOUN
ftr-371	312	17	was	be	AUX
ftr-371	312	18	at	at	ADP
ftr-371	312	19	a	a	DET
ftr-371	312	20	low	low	ADJ
ftr-371	312	21	point	point	NOUN
ftr-371	312	22	because	because	SCONJ
ftr-371	312	23	of	of	ADP
ftr-371	312	24	the	the	DET
ftr-371	312	25	41	41	NUM
ftr-371	312	26	.	.	PUNCT
ftr-371	313	1	government	government	NOUN
ftr-371	313	2	accountability	accountability	NOUN
ftr-371	313	3	office	office	NOUN
ftr-371	313	4	,	,	PUNCT
ftr-371	313	5	u.s	u.s	PROPN
ftr-371	313	6	.	.	PROPN
ftr-371	313	7	multinational	multinational	ADJ
ftr-371	313	8	corporations	corporation	NOUN
ftr-371	313	9	:	:	PUNCT
ftr-371	313	10	effective	effective	ADJ
ftr-371	313	11	tax	tax	NOUN
ftr-371	313	12	rates	rate	NOUN
ftr-371	313	13	are	be	AUX
ftr-371	313	14	correlated	correlate	VERB
ftr-371	313	15	with	with	ADP
ftr-371	313	16	where	where	SCONJ
ftr-371	313	17	income	income	NOUN
ftr-371	313	18	is	be	AUX
ftr-371	313	19	reported	report	VERB
ftr-371	313	20	,	,	PUNCT
ftr-371	313	21	gao-08	gao-08	NOUN
ftr-371	313	22	-	-	SYM
ftr-371	313	23	950	950	NUM
ftr-371	313	24	,	,	PUNCT
ftr-371	313	25	aug	aug	PROPN
ftr-371	313	26	.	.	PROPN
ftr-371	313	27	2008	2008	NUM
ftr-371	313	28	.	.	PUNCT
ftr-371	314	1	42	42	NUM
ftr-371	314	2	.	.	PUNCT
ftr-371	315	1	martin	martin	PROPN
ftr-371	315	2	sullivan	sullivan	PROPN
ftr-371	315	3	,	,	PUNCT
ftr-371	315	4	u.s	u.s	PROPN
ftr-371	315	5	.	.	PROPN
ftr-371	315	6	citizens	citizen	NOUN
ftr-371	315	7	hide	hide	VERB
ftr-371	315	8	hundreds	hundred	NOUN
ftr-371	315	9	of	of	ADP
ftr-371	315	10	billions	billion	NOUN
ftr-371	315	11	in	in	ADP
ftr-371	315	12	the	the	DET
ftr-371	315	13	caymans	caymans	PROPN
ftr-371	315	14	,	,	PUNCT
ftr-371	315	15	tax	tax	NOUN
ftr-371	315	16	notes	note	NOUN
ftr-371	315	17	,	,	PUNCT
ftr-371	315	18	may	may	AUX
ftr-371	315	19	24	24	NUM
ftr-371	315	20	,	,	PUNCT
ftr-371	315	21	2004	2004	NUM
ftr-371	315	22	,	,	PUNCT
ftr-371	315	23	p.	p.	NOUN
ftr-371	315	24	960	960	NUM
ftr-371	315	25	.	.	PUNCT
ftr-371	316	1	43	43	NUM
ftr-371	316	2	.	.	PUNCT
ftr-371	317	1	martin	martin	PROPN
ftr-371	317	2	sullivan	sullivan	PROPN
ftr-371	317	3	,	,	PUNCT
ftr-371	317	4	“	"	PUNCT
ftr-371	317	5	data	datum	NOUN
ftr-371	317	6	show	show	VERB
ftr-371	317	7	dramatic	dramatic	ADJ
ftr-371	317	8	shift	shift	NOUN
ftr-371	317	9	of	of	ADP
ftr-371	317	10	profits	profit	NOUN
ftr-371	317	11	to	to	PART
ftr-371	317	12	tax	tax	NOUN
ftr-371	317	13	havens	haven	NOUN
ftr-371	317	14	,	,	PUNCT
ftr-371	317	15	”	"	PUNCT
ftr-371	317	16	tax	tax	NOUN
ftr-371	317	17	notes	note	NOUN
ftr-371	317	18	.	.	PUNCT
ftr-371	318	1	sept	sept	PROPN
ftr-371	318	2	.	.	PROPN
ftr-371	318	3	14	14	NUM
ftr-371	318	4	,	,	PUNCT
ftr-371	318	5	2004	2004	NUM
ftr-371	318	6	,	,	PUNCT
ftr-371	318	7	pp	pp	ADP
ftr-371	318	8	.	.	PUNCT
ftr-371	319	1	1190	1190	NUM
ftr-371	319	2	-	-	SYM
ftr-371	319	3	1200	1200	NUM
ftr-371	319	4	;	;	PUNCT
ftr-371	319	5	“	"	PUNCT
ftr-371	319	6	latest	late	ADJ
ftr-371	319	7	irs	irs	PROPN
ftr-371	319	8	data	datum	NOUN
ftr-371	319	9	show	show	NOUN
ftr-371	319	10	jump	jump	NOUN
ftr-371	319	11	in	in	ADP
ftr-371	319	12	tax	tax	NOUN
ftr-371	319	13	haven	haven	NOUN
ftr-371	319	14	profits	profit	NOUN
ftr-371	319	15	,	,	PUNCT
ftr-371	319	16	tax	tax	NOUN
ftr-371	319	17	notes	note	NOUN
ftr-371	319	18	,	,	PUNCT
ftr-371	319	19	oct	oct	PROPN
ftr-371	319	20	.	.	PROPN
ftr-371	319	21	11	11	NUM
ftr-371	319	22	,	,	PUNCT
ftr-371	319	23	2004	2004	NUM
ftr-371	319	24	,	,	PUNCT
ftr-371	319	25	pp	pp	ADJ
ftr-371	319	26	.	.	PUNCT
ftr-371	320	1	151	151	NUM
ftr-371	320	2	-	-	SYM
ftr-371	320	3	153	153	NUM
ftr-371	320	4	.	.	PUNCT
ftr-371	321	1	44	44	NUM
ftr-371	321	2	.	.	PUNCT
ftr-371	322	1	martin	martin	PROPN
ftr-371	322	2	sullivan	sullivan	PROPN
ftr-371	322	3	,	,	PUNCT
ftr-371	322	4	“	"	PUNCT
ftr-371	322	5	extraordinary	extraordinary	ADJ
ftr-371	322	6	profitability	profitability	NOUN
ftr-371	322	7	in	in	ADP
ftr-371	322	8	low	low	ADJ
ftr-371	322	9	-	-	PUNCT
ftr-371	322	10	tax	tax	NOUN
ftr-371	322	11	countries	country	NOUN
ftr-371	322	12	,	,	PUNCT
ftr-371	322	13	”	"	PUNCT
ftr-371	322	14	tax	tax	NOUN
ftr-371	322	15	notes	note	NOUN
ftr-371	322	16	,	,	PUNCT
ftr-371	322	17	august	august	PROPN
ftr-371	322	18	25	25	NUM
ftr-371	322	19	,	,	PUNCT
ftr-371	322	20	2008	2008	NUM
ftr-371	322	21	,	,	PUNCT
ftr-371	322	22	pp	pp	ADJ
ftr-371	322	23	.	.	PUNCT
ftr-371	323	1	724	724	NUM
ftr-371	323	2	-	-	SYM
ftr-371	323	3	727	727	NUM
ftr-371	323	4	.	.	PUNCT
ftr-371	324	1	45	45	NUM
ftr-371	324	2	.	.	PUNCT
ftr-371	324	3	jane	jane	PROPN
ftr-371	324	4	g.	g.	PROPN
ftr-371	324	5	gravelle	gravelle	PROPN
ftr-371	324	6	,	,	PUNCT
ftr-371	324	7	reform	reform	NOUN
ftr-371	324	8	of	of	ADP
ftr-371	324	9	international	international	ADJ
ftr-371	324	10	taxation	taxation	NOUN
ftr-371	324	11	:	:	PUNCT
ftr-371	324	12	alternatives	alternative	NOUN
ftr-371	324	13	,	,	PUNCT
ftr-371	324	14	crs	crs	PROPN
ftr-371	324	15	report	report	PROPN
ftr-371	324	16	rl34115	rl34115	PROPN
ftr-371	324	17	,	,	PUNCT
ftr-371	324	18	washington	washington	PROPN
ftr-371	324	19	,	,	PUNCT
ftr-371	324	20	d.c	d.c	PROPN
ftr-371	324	21	.	.	PROPN
ftr-371	324	22	library	library	NOUN
ftr-371	324	23	of	of	ADP
ftr-371	324	24	congress	congress	PROPN
ftr-371	324	25	,	,	PUNCT
ftr-371	324	26	2008	2008	NUM
ftr-371	324	27	.	.	PUNCT
ftr-371	325	1	46	46	NUM
ftr-371	325	2	.	.	PUNCT
ftr-371	326	1	for	for	ADP
ftr-371	326	2	a	a	DET
ftr-371	326	3	review	review	NOUN
ftr-371	326	4	,	,	PUNCT
ftr-371	326	5	see	see	VERB
ftr-371	326	6	james	james	PROPN
ftr-371	326	7	r.	r.	PROPN
ftr-371	326	8	hines	hines	PROPN
ftr-371	326	9	,	,	PUNCT
ftr-371	326	10	jr	jr	PROPN
ftr-371	326	11	.	.	PROPN
ftr-371	326	12	,	,	PUNCT
ftr-371	326	13	“	"	PUNCT
ftr-371	326	14	lessons	lesson	NOUN
ftr-371	326	15	from	from	ADP
ftr-371	326	16	behavioral	behavioral	ADJ
ftr-371	326	17	responses	response	NOUN
ftr-371	326	18	to	to	ADP
ftr-371	326	19	international	international	ADJ
ftr-371	326	20	taxation	taxation	NOUN
ftr-371	326	21	,	,	PUNCT
ftr-371	326	22	”	"	PUNCT
ftr-371	326	23	national	national	ADJ
ftr-371	326	24	tax	tax	NOUN
ftr-371	326	25	journal	journal	PROPN
ftr-371	326	26	,	,	PUNCT
ftr-371	326	27	vol	vol	NOUN
ftr-371	326	28	.	.	PROPN
ftr-371	327	1	52	52	NUM
ftr-371	327	2	(	(	PUNCT
ftr-371	327	3	jun	jun	PROPN
ftr-371	327	4	.	.	PROPN
ftr-371	327	5	1999	1999	NUM
ftr-371	327	6	):	):	PUNCT
ftr-371	327	7	305	305	NUM
ftr-371	327	8	-	-	SYM
ftr-371	327	9	322	322	NUM
ftr-371	327	10	.	.	PUNCT
ftr-371	328	1	47	47	NUM
ftr-371	328	2	.	.	PUNCT
ftr-371	329	1	joint	joint	ADJ
ftr-371	329	2	committee	committee	PROPN
ftr-371	329	3	on	on	ADP
ftr-371	329	4	taxation	taxation	NOUN
ftr-371	329	5	,	,	PUNCT
ftr-371	329	6	economic	economic	ADJ
ftr-371	329	7	efficiency	efficiency	NOUN
ftr-371	329	8	and	and	CCONJ
ftr-371	329	9	structural	structural	ADJ
ftr-371	329	10	analyses	analysis	NOUN
ftr-371	329	11	of	of	ADP
ftr-371	329	12	alternative	alternative	ADJ
ftr-371	329	13	u.s	u.s	PROPN
ftr-371	329	14	.	.	PROPN
ftr-371	329	15	tax	tax	NOUN
ftr-371	329	16	policies	policy	NOUN
ftr-371	329	17	for	for	ADP
ftr-371	329	18	foreign	foreign	ADJ
ftr-371	329	19	direct	direct	ADJ
ftr-371	329	20	investment	investment	NOUN
ftr-371	329	21	,	,	PUNCT
ftr-371	329	22	jcx-55	jcx-55	NOUN
ftr-371	329	23	-	-	NUM
ftr-371	329	24	08	08	NUM
ftr-371	329	25	,	,	PUNCT
ftr-371	329	26	jun	jun	PROPN
ftr-371	329	27	.	.	PROPN
ftr-371	329	28	25	25	NUM
ftr-371	329	29	,	,	PUNCT
ftr-371	329	30	2008	2008	NUM
ftr-371	329	31	48	48	NUM
ftr-371	329	32	.	.	PUNCT
ftr-371	330	1	joint	joint	ADJ
ftr-371	330	2	committee	committee	PROPN
ftr-371	330	3	on	on	ADP
ftr-371	330	4	taxation	taxation	NOUN
ftr-371	330	5	,	,	PUNCT
ftr-371	330	6	estimates	estimate	NOUN
ftr-371	330	7	of	of	ADP
ftr-371	330	8	federal	federal	ADJ
ftr-371	330	9	tax	tax	NOUN
ftr-371	330	10	expenditures	expenditure	NOUN
ftr-371	330	11	for	for	ADP
ftr-371	330	12	2007	2007	NUM
ftr-371	330	13	-	-	SYM
ftr-371	330	14	2011	2011	NUM
ftr-371	330	15	,	,	PUNCT
ftr-371	330	16	sep	sep	PROPN
ftr-371	330	17	.	.	PROPN
ftr-371	330	18	,	,	PUNCT
ftr-371	330	19	24	24	NUM
ftr-371	330	20	,	,	PUNCT
ftr-371	330	21	2007	2007	NUM
ftr-371	330	22	,	,	PUNCT
ftr-371	330	23	p.	p.	NOUN
ftr-371	330	24	24	24	NUM
ftr-371	330	25	.	.	PUNCT
ftr-371	330	26	49	49	NUM
ftr-371	330	27	.	.	PUNCT
ftr-371	331	1	harry	harry	PROPN
ftr-371	331	2	grubert	grubert	PROPN
ftr-371	331	3	and	and	CCONJ
ftr-371	331	4	rosanne	rosanne	PROPN
ftr-371	331	5	altshuler	altshuler	NOUN
ftr-371	331	6	,	,	PUNCT
ftr-371	331	7	“	"	PUNCT
ftr-371	331	8	corporate	corporate	ADJ
ftr-371	331	9	taxes	taxis	NOUN
ftr-371	331	10	in	in	ADP
ftr-371	331	11	the	the	DET
ftr-371	331	12	world	world	NOUN
ftr-371	331	13	economy	economy	NOUN
ftr-371	331	14	,	,	PUNCT
ftr-371	331	15	in	in	ADP
ftr-371	331	16	fundamental	fundamental	ADJ
ftr-371	331	17	tax	tax	NOUN
ftr-371	331	18	reform	reform	NOUN
ftr-371	331	19	:	:	PUNCT
ftr-371	331	20	issues	issue	NOUN
ftr-371	331	21	,	,	PUNCT
ftr-371	331	22	choices	choice	NOUN
ftr-371	331	23	,	,	PUNCT
ftr-371	331	24	and	and	CCONJ
ftr-371	331	25	implications@	implications@	VERB
ftr-371	331	26	ed	ed	NOUN
ftr-371	331	27	.	.	PUNCT
ftr-371	332	1	john	john	PROPN
ftr-371	332	2	w.	w.	PROPN
ftr-371	332	3	diamond	diamond	PROPN
ftr-371	332	4	and	and	CCONJ
ftr-371	332	5	george	george	PROPN
ftr-371	332	6	r.	r.	PROPN
ftr-371	332	7	zodrow	zodrow	PROPN
ftr-371	332	8	,	,	PUNCT
ftr-371	332	9	cambridge	cambridge	PROPN
ftr-371	332	10	,	,	PUNCT
ftr-371	332	11	mit	mit	PROPN
ftr-371	332	12	press	press	NOUN
ftr-371	332	13	,	,	PUNCT
ftr-371	332	14	2008	2008	NUM
ftr-371	332	15	.	.	PUNCT
ftr-371	333	1	486	486	NUM
ftr-371	333	2	florida	florida	PROPN
ftr-371	333	3	tax	tax	NOUN
ftr-371	333	4	review	review	NOUN
ftr-371	333	5	[	[	X
ftr-371	333	6	vol	vol	NOUN
ftr-371	333	7	.	.	NOUN
ftr-371	333	8	9:5	9:5	NUM
ftr-371	333	9	recession	recession	NOUN
ftr-371	333	10	;	;	PUNCT
ftr-371	333	11	if	if	SCONJ
ftr-371	333	12	the	the	DET
ftr-371	333	13	share	share	NOUN
ftr-371	333	14	remained	remain	VERB
ftr-371	333	15	the	the	DET
ftr-371	333	16	same	same	ADJ
ftr-371	333	17	,	,	PUNCT
ftr-371	333	18	the	the	DET
ftr-371	333	19	gain	gain	NOUN
ftr-371	333	20	would	would	AUX
ftr-371	333	21	be	be	AUX
ftr-371	333	22	around	around	ADP
ftr-371	333	23	$	$	SYM
ftr-371	333	24	13	13	NUM
ftr-371	333	25	billion	billion	NUM
ftr-371	333	26	for	for	ADP
ftr-371	333	27	2004	2004	NUM
ftr-371	333	28	and	and	CCONJ
ftr-371	333	29	$	$	SYM
ftr-371	333	30	26	26	NUM
ftr-371	333	31	billion	billion	NUM
ftr-371	333	32	for	for	ADP
ftr-371	333	33	2007	2007	NUM
ftr-371	333	34	.	.	PUNCT
ftr-371	334	1	martin	martin	PROPN
ftr-371	334	2	sullivan	sullivan	PROPN
ftr-371	334	3	estimates	estimate	VERB
ftr-371	334	4	that	that	SCONJ
ftr-371	334	5	,	,	PUNCT
ftr-371	334	6	based	base	VERB
ftr-371	334	7	on	on	ADP
ftr-371	334	8	differences	difference	NOUN
ftr-371	334	9	in	in	ADP
ftr-371	334	10	pre	pre	ADJ
ftr-371	334	11	-	-	ADJ
ftr-371	334	12	tax	tax	ADJ
ftr-371	334	13	returns	return	NOUN
ftr-371	334	14	,	,	PUNCT
ftr-371	334	15	$	$	SYM
ftr-371	334	16	75	75	NUM
ftr-371	334	17	billion	billion	NUM
ftr-371	334	18	in	in	ADP
ftr-371	334	19	profits	profit	NOUN
ftr-371	334	20	is	be	AUX
ftr-371	334	21	artificially	artificially	ADV
ftr-371	334	22	shifted	shift	VERB
ftr-371	334	23	abroad.50	abroad.50	NOUN
ftr-371	334	24	if	if	SCONJ
ftr-371	334	25	all	all	PRON
ftr-371	334	26	of	of	ADP
ftr-371	334	27	that	that	DET
ftr-371	334	28	income	income	NOUN
ftr-371	334	29	were	be	AUX
ftr-371	334	30	subject	subject	ADJ
ftr-371	334	31	to	to	ADP
ftr-371	334	32	u.s	u.s	PROPN
ftr-371	334	33	.	.	PROPN
ftr-371	334	34	tax	tax	NOUN
ftr-371	334	35	,	,	PUNCT
ftr-371	334	36	it	it	PRON
ftr-371	334	37	would	would	AUX
ftr-371	334	38	result	result	VERB
ftr-371	334	39	in	in	ADP
ftr-371	334	40	a	a	DET
ftr-371	334	41	gain	gain	NOUN
ftr-371	334	42	of	of	ADP
ftr-371	334	43	$	$	SYM
ftr-371	334	44	26	26	NUM
ftr-371	334	45	billion	billion	NUM
ftr-371	334	46	for	for	ADP
ftr-371	334	47	2004	2004	NUM
ftr-371	334	48	.	.	PUNCT
ftr-371	335	1	he	he	PRON
ftr-371	335	2	acknowledges	acknowledge	VERB
ftr-371	335	3	that	that	SCONJ
ftr-371	335	4	there	there	PRON
ftr-371	335	5	are	be	VERB
ftr-371	335	6	many	many	ADJ
ftr-371	335	7	difficulties	difficulty	NOUN
ftr-371	335	8	in	in	ADP
ftr-371	335	9	determining	determine	VERB
ftr-371	335	10	the	the	DET
ftr-371	335	11	revenue	revenue	NOUN
ftr-371	335	12	gain	gain	NOUN
ftr-371	335	13	.	.	PUNCT
ftr-371	336	1	some	some	PRON
ftr-371	336	2	of	of	ADP
ftr-371	336	3	this	this	DET
ftr-371	336	4	income	income	NOUN
ftr-371	336	5	might	might	AUX
ftr-371	336	6	already	already	ADV
ftr-371	336	7	be	be	AUX
ftr-371	336	8	taxed	tax	VERB
ftr-371	336	9	under	under	ADP
ftr-371	336	10	subpart	subpart	PROPN
ftr-371	336	11	f	f	PROPN
ftr-371	336	12	,	,	PUNCT
ftr-371	336	13	some	some	PRON
ftr-371	336	14	might	might	AUX
ftr-371	336	15	be	be	AUX
ftr-371	336	16	absorbed	absorb	VERB
ftr-371	336	17	by	by	ADP
ftr-371	336	18	excess	excess	ADJ
ftr-371	336	19	foreign	foreign	ADJ
ftr-371	336	20	tax	tax	NOUN
ftr-371	336	21	credits	credit	NOUN
ftr-371	336	22	,	,	PUNCT
ftr-371	336	23	and	and	CCONJ
ftr-371	336	24	the	the	DET
ftr-371	336	25	effective	effective	ADJ
ftr-371	336	26	tax	tax	NOUN
ftr-371	336	27	rate	rate	NOUN
ftr-371	336	28	may	may	AUX
ftr-371	336	29	be	be	AUX
ftr-371	336	30	lower	low	ADJ
ftr-371	336	31	than	than	ADP
ftr-371	336	32	the	the	DET
ftr-371	336	33	statutory	statutory	ADJ
ftr-371	336	34	rate	rate	NOUN
ftr-371	336	35	.	.	PUNCT
ftr-371	337	1	sullivan	sullivan	PROPN
ftr-371	337	2	concludes	conclude	VERB
ftr-371	337	3	that	that	SCONJ
ftr-371	337	4	an	an	DET
ftr-371	337	5	estimate	estimate	NOUN
ftr-371	337	6	of	of	ADP
ftr-371	337	7	between	between	ADP
ftr-371	337	8	$	$	SYM
ftr-371	337	9	10	10	NUM
ftr-371	337	10	billion	billion	NUM
ftr-371	337	11	and	and	CCONJ
ftr-371	337	12	$	$	SYM
ftr-371	337	13	20	20	NUM
ftr-371	337	14	billion	billion	NUM
ftr-371	337	15	is	be	AUX
ftr-371	337	16	appropriate	appropriate	ADJ
ftr-371	337	17	.	.	PUNCT
ftr-371	338	1	altshuler	altshuler	NOUN
ftr-371	338	2	and	and	CCONJ
ftr-371	338	3	grubert	grubert	PROPN
ftr-371	338	4	suggest	suggest	VERB
ftr-371	338	5	that	that	SCONJ
ftr-371	338	6	sullivan	sullivan	PROPN
ftr-371	338	7	=	=	NOUN
ftr-371	338	8	s	s	PART
ftr-371	338	9	methodology	methodology	NOUN
ftr-371	338	10	may	may	AUX
ftr-371	338	11	involve	involve	VERB
ftr-371	338	12	some	some	DET
ftr-371	338	13	double	double	ADJ
ftr-371	338	14	counting	counting	NOUN
ftr-371	338	15	;	;	PUNCT
ftr-371	338	16	however	however	ADV
ftr-371	338	17	,	,	PUNCT
ftr-371	338	18	their	their	PRON
ftr-371	338	19	own	own	ADJ
ftr-371	338	20	analysis	analysis	NOUN
ftr-371	338	21	finds	find	VERB
ftr-371	338	22	that	that	SCONJ
ftr-371	338	23	multinationals	multinational	NOUN
ftr-371	338	24	saved	save	VERB
ftr-371	338	25	$	$	SYM
ftr-371	338	26	7	7	NUM
ftr-371	338	27	billion	billion	NUM
ftr-371	338	28	more	more	ADJ
ftr-371	338	29	between	between	ADP
ftr-371	338	30	1997	1997	NUM
ftr-371	338	31	and	and	CCONJ
ftr-371	338	32	2002	2002	NUM
ftr-371	338	33	due	due	ADP
ftr-371	338	34	to	to	ADP
ftr-371	338	35	check	check	VERB
ftr-371	338	36	-	-	PUNCT
ftr-371	338	37	the	the	DET
ftr-371	338	38	-	-	PUNCT
ftr-371	338	39	box	box	NOUN
ftr-371	338	40	rules.51	rules.51	NOUN
ftr-371	338	41	some	some	PRON
ftr-371	338	42	of	of	ADP
ftr-371	338	43	this	this	DET
ftr-371	338	44	gain	gain	NOUN
ftr-371	338	45	may	may	AUX
ftr-371	338	46	have	have	AUX
ftr-371	338	47	been	be	AUX
ftr-371	338	48	at	at	ADP
ftr-371	338	49	the	the	DET
ftr-371	338	50	cost	cost	NOUN
ftr-371	338	51	of	of	ADP
ftr-371	338	52	high	high	ADJ
ftr-371	338	53	-	-	PUNCT
ftr-371	338	54	tax	tax	NOUN
ftr-371	338	55	host	host	NOUN
ftr-371	338	56	countries	country	NOUN
ftr-371	338	57	rather	rather	ADV
ftr-371	338	58	than	than	ADP
ftr-371	338	59	the	the	DET
ftr-371	338	60	united	united	PROPN
ftr-371	338	61	states	states	PROPN
ftr-371	338	62	,	,	PUNCT
ftr-371	338	63	however	however	ADV
ftr-371	338	64	.	.	PUNCT
ftr-371	339	1	sullivan	sullivan	PROPN
ftr-371	339	2	subsequently	subsequently	ADV
ftr-371	339	3	presents	present	VERB
ftr-371	339	4	an	an	DET
ftr-371	339	5	estimate	estimate	NOUN
ftr-371	339	6	of	of	ADP
ftr-371	339	7	a	a	DET
ftr-371	339	8	$	$	SYM
ftr-371	339	9	17	17	NUM
ftr-371	339	10	billion	billion	NUM
ftr-371	339	11	dollar	dollar	NOUN
ftr-371	339	12	revenue	revenue	NOUN
ftr-371	339	13	cost.52	cost.52	ADJ
ftr-371	339	14	christian	christian	PROPN
ftr-371	339	15	and	and	CCONJ
ftr-371	339	16	schultz	schultz	PROPN
ftr-371	339	17	,	,	PUNCT
ftr-371	339	18	using	use	VERB
ftr-371	339	19	rate	rate	NOUN
ftr-371	339	20	of	of	ADP
ftr-371	339	21	return	return	NOUN
ftr-371	339	22	on	on	ADP
ftr-371	339	23	assets	asset	NOUN
ftr-371	339	24	data	datum	NOUN
ftr-371	339	25	from	from	ADP
ftr-371	339	26	tax	tax	NOUN
ftr-371	339	27	returns	return	NOUN
ftr-371	339	28	,	,	PUNCT
ftr-371	339	29	estimated	estimate	VERB
ftr-371	339	30	$	$	SYM
ftr-371	339	31	87	87	NUM
ftr-371	339	32	billion	billion	NUM
ftr-371	339	33	was	be	AUX
ftr-371	339	34	shifted	shift	VERB
ftr-371	339	35	in	in	ADP
ftr-371	339	36	2001	2001	NUM
ftr-371	339	37	,	,	PUNCT
ftr-371	339	38	which	which	PRON
ftr-371	339	39	,	,	PUNCT
ftr-371	339	40	at	at	ADP
ftr-371	339	41	a	a	DET
ftr-371	339	42	35	35	NUM
ftr-371	339	43	%	%	NOUN
ftr-371	339	44	tax	tax	NOUN
ftr-371	339	45	rate	rate	NOUN
ftr-371	339	46	,	,	PUNCT
ftr-371	339	47	would	would	AUX
ftr-371	339	48	imply	imply	VERB
ftr-371	339	49	a	a	DET
ftr-371	339	50	revenue	revenue	NOUN
ftr-371	339	51	loss	loss	NOUN
ftr-371	339	52	of	of	ADP
ftr-371	339	53	about	about	ADV
ftr-371	339	54	$	$	SYM
ftr-371	339	55	30	30	NUM
ftr-371	339	56	billion.53	billion.53	PROPN
ftr-371	339	57	pak	pak	NOUN
ftr-371	339	58	and	and	CCONJ
ftr-371	339	59	zdanowicz	zdanowicz	PROPN
ftr-371	339	60	estimated	estimate	VERB
ftr-371	339	61	that	that	SCONJ
ftr-371	339	62	lost	lose	VERB
ftr-371	339	63	revenue	revenue	NOUN
ftr-371	339	64	due	due	ADP
ftr-371	339	65	to	to	PART
ftr-371	339	66	transfer	transfer	VERB
ftr-371	339	67	pricing	pricing	NOUN
ftr-371	339	68	alone	alone	ADV
ftr-371	339	69	was	be	AUX
ftr-371	339	70	$	$	SYM
ftr-371	339	71	53	53	NUM
ftr-371	339	72	billion	billion	NUM
ftr-371	339	73	in	in	ADP
ftr-371	339	74	2001.54	2001.54	NUM
ftr-371	339	75	kimberly	kimberly	ADV
ftr-371	339	76	clausing	clause	VERB
ftr-371	339	77	,	,	PUNCT
ftr-371	339	78	using	use	VERB
ftr-371	339	79	regression	regression	NOUN
ftr-371	339	80	techniques	technique	NOUN
ftr-371	339	81	on	on	ADP
ftr-371	339	82	cross	cross	NOUN
ftr-371	339	83	country	country	NOUN
ftr-371	339	84	data	datum	NOUN
ftr-371	339	85	,	,	PUNCT
ftr-371	339	86	which	which	PRON
ftr-371	339	87	estimated	estimate	VERB
ftr-371	339	88	profits	profit	NOUN
ftr-371	339	89	reported	report	VERB
ftr-371	339	90	as	as	ADP
ftr-371	339	91	a	a	DET
ftr-371	339	92	function	function	NOUN
ftr-371	339	93	of	of	ADP
ftr-371	339	94	tax	tax	NOUN
ftr-371	339	95	rates	rate	NOUN
ftr-371	339	96	,	,	PUNCT
ftr-371	339	97	estimated	estimate	VERB
ftr-371	339	98	that	that	SCONJ
ftr-371	339	99	revenues	revenue	NOUN
ftr-371	339	100	of	of	ADP
ftr-371	339	101	over	over	ADP
ftr-371	339	102	$	$	SYM
ftr-371	339	103	60	60	NUM
ftr-371	339	104	billion	billion	NUM
ftr-371	339	105	are	be	AUX
ftr-371	339	106	lost	lose	VERB
ftr-371	339	107	for	for	ADP
ftr-371	339	108	2004	2004	NUM
ftr-371	339	109	by	by	ADP
ftr-371	339	110	applying	apply	VERB
ftr-371	339	111	a	a	DET
ftr-371	339	112	35	35	NUM
ftr-371	339	113	%	%	NOUN
ftr-371	339	114	tax	tax	NOUN
ftr-371	339	115	rate	rate	NOUN
ftr-371	339	116	to	to	ADP
ftr-371	339	117	an	an	DET
ftr-371	339	118	estimated	estimate	VERB
ftr-371	339	119	$	$	SYM
ftr-371	339	120	180	180	NUM
ftr-371	339	121	billion	billion	NUM
ftr-371	339	122	in	in	ADP
ftr-371	339	123	corporate	corporate	ADJ
ftr-371	339	124	profits	profit	NOUN
ftr-371	339	125	shifted	shift	VERB
ftr-371	339	126	out	out	ADP
ftr-371	339	127	of	of	ADP
ftr-371	339	128	the	the	DET
ftr-371	339	129	united	united	ADJ
ftr-371	339	130	states.55	states.55	PROPN
ftr-371	339	131	she	she	PRON
ftr-371	339	132	estimates	estimate	VERB
ftr-371	339	133	that	that	SCONJ
ftr-371	339	134	the	the	DET
ftr-371	339	135	profit	profit	NOUN
ftr-371	339	136	shifting	shift	VERB
ftr-371	339	137	effects	effect	NOUN
ftr-371	339	138	are	be	AUX
ftr-371	339	139	twice	twice	ADV
ftr-371	339	140	as	as	ADV
ftr-371	339	141	large	large	ADJ
ftr-371	339	142	as	as	ADP
ftr-371	339	143	the	the	DET
ftr-371	339	144	effects	effect	NOUN
ftr-371	339	145	from	from	ADP
ftr-371	339	146	shifts	shift	NOUN
ftr-371	339	147	in	in	ADP
ftr-371	339	148	actual	actual	ADJ
ftr-371	339	149	economic	economic	ADJ
ftr-371	339	150	activity	activity	NOUN
ftr-371	339	151	.	.	PUNCT
ftr-371	340	1	this	this	DET
ftr-371	340	2	methodological	methodological	ADJ
ftr-371	340	3	approach	approach	NOUN
ftr-371	340	4	differs	differ	VERB
ftr-371	340	5	from	from	ADP
ftr-371	340	6	those	those	PRON
ftr-371	340	7	above	above	ADV
ftr-371	340	8	,	,	PUNCT
ftr-371	340	9	which	which	PRON
ftr-371	340	10	involve	involve	VERB
ftr-371	340	11	direct	direct	ADJ
ftr-371	340	12	50	50	NUM
ftr-371	340	13	.	.	PUNCT
ftr-371	341	1	“	"	PUNCT
ftr-371	341	2	shifting	shift	VERB
ftr-371	341	3	profits	profit	NOUN
ftr-371	341	4	offshore	offshore	ADV
ftr-371	341	5	costs	cost	VERB
ftr-371	341	6	u.s	u.s	PROPN
ftr-371	341	7	.	.	PROPN
ftr-371	341	8	treasury	treasury	PROPN
ftr-371	341	9	$	$	SYM
ftr-371	341	10	10	10	NUM
ftr-371	341	11	billion	billion	NUM
ftr-371	341	12	or	or	CCONJ
ftr-371	341	13	more	more	ADJ
ftr-371	341	14	,	,	PUNCT
ftr-371	341	15	”	"	PUNCT
ftr-371	341	16	tax	tax	NOUN
ftr-371	341	17	notes	note	NOUN
ftr-371	341	18	,	,	PUNCT
ftr-371	341	19	sept	sept	PROPN
ftr-371	341	20	.	.	PROPN
ftr-371	341	21	27	27	NUM
ftr-371	341	22	,	,	PUNCT
ftr-371	341	23	2004	2004	NUM
ftr-371	341	24	,	,	PUNCT
ftr-371	341	25	pp	pp	ADJ
ftr-371	341	26	.	.	PUNCT
ftr-371	342	1	1477	1477	NUM
ftr-371	342	2	-	-	SYM
ftr-371	342	3	1481	1481	NUM
ftr-371	342	4	.	.	PUNCT
ftr-371	343	1	51	51	NUM
ftr-371	343	2	.	.	PUNCT
ftr-371	344	1	rosanne	rosanne	NOUN
ftr-371	344	2	altshuler	altshuler	PROPN
ftr-371	344	3	and	and	CCONJ
ftr-371	344	4	harry	harry	PROPN
ftr-371	344	5	grubert	grubert	PROPN
ftr-371	344	6	,	,	PUNCT
ftr-371	344	7	“	"	PUNCT
ftr-371	344	8	governments	government	NOUN
ftr-371	344	9	and	and	CCONJ
ftr-371	344	10	multinational	multinational	ADJ
ftr-371	344	11	corporations	corporation	NOUN
ftr-371	344	12	in	in	ADP
ftr-371	344	13	the	the	DET
ftr-371	344	14	race	race	NOUN
ftr-371	344	15	to	to	ADP
ftr-371	344	16	the	the	DET
ftr-371	344	17	bottom	bottom	NOUN
ftr-371	344	18	,	,	PUNCT
ftr-371	344	19	”	"	PUNCT
ftr-371	344	20	tax	tax	NOUN
ftr-371	344	21	notes	note	NOUN
ftr-371	344	22	international	international	PROPN
ftr-371	344	23	,	,	PUNCT
ftr-371	344	24	feb	feb	PROPN
ftr-371	344	25	.	.	PROPN
ftr-371	344	26	2006	2006	NUM
ftr-371	344	27	,	,	PUNCT
ftr-371	344	28	pp	pp	ADJ
ftr-371	344	29	.	.	PUNCT
ftr-371	344	30	459474	459474	NUM
ftr-371	344	31	.	.	PUNCT
ftr-371	345	1	52	52	NUM
ftr-371	345	2	.	.	PUNCT
ftr-371	346	1	martin	martin	PROPN
ftr-371	346	2	sullivan	sullivan	PROPN
ftr-371	346	3	,	,	PUNCT
ftr-371	346	4	“	"	PUNCT
ftr-371	346	5	u.s	u.s	PROPN
ftr-371	346	6	.	.	PROPN
ftr-371	346	7	multinationals	multinational	NOUN
ftr-371	346	8	shifting	shift	VERB
ftr-371	346	9	profits	profit	NOUN
ftr-371	346	10	out	out	ADP
ftr-371	346	11	of	of	ADP
ftr-371	346	12	the	the	DET
ftr-371	346	13	united	united	PROPN
ftr-371	346	14	states	states	PROPN
ftr-371	346	15	,	,	PUNCT
ftr-371	346	16	”	"	PUNCT
ftr-371	346	17	tax	tax	NOUN
ftr-371	346	18	notes	note	NOUN
ftr-371	346	19	,	,	PUNCT
ftr-371	346	20	mar	mar	PROPN
ftr-371	346	21	.	.	PROPN
ftr-371	346	22	10	10	NUM
ftr-371	346	23	,	,	PUNCT
ftr-371	346	24	2008	2008	NUM
ftr-371	346	25	,	,	PUNCT
ftr-371	346	26	pp	pp	ADJ
ftr-371	346	27	.	.	PUNCT
ftr-371	346	28	1078	1078	NUM
ftr-371	346	29	-	-	SYM
ftr-371	346	30	1082	1082	NUM
ftr-371	346	31	.	.	PUNCT
ftr-371	347	1	53	53	NUM
ftr-371	347	2	.	.	PUNCT
ftr-371	348	1	charles	charles	PROPN
ftr-371	348	2	w.	w.	PROPN
ftr-371	348	3	christian	christian	PROPN
ftr-371	348	4	and	and	CCONJ
ftr-371	348	5	thomas	thomas	PROPN
ftr-371	348	6	d.	d.	PROPN
ftr-371	348	7	schultz	schultz	PROPN
ftr-371	348	8	,	,	PUNCT
ftr-371	348	9	roa	roa	NOUN
ftr-371	348	10	-	-	PUNCT
ftr-371	348	11	based	base	VERB
ftr-371	348	12	estimates	estimate	NOUN
ftr-371	348	13	of	of	ADP
ftr-371	348	14	income	income	NOUN
ftr-371	348	15	shifting	shift	VERB
ftr-371	348	16	by	by	ADP
ftr-371	348	17	multinational	multinational	ADJ
ftr-371	348	18	corporations	corporation	NOUN
ftr-371	348	19	,	,	PUNCT
ftr-371	348	20	irs	irs	PROPN
ftr-371	348	21	research	research	NOUN
ftr-371	348	22	bulletin	bulletin	NOUN
ftr-371	348	23	,	,	PUNCT
ftr-371	348	24	2005	2005	NUM
ftr-371	349	1	[	[	X
ftr-371	349	2	http://www.irs.gov/pub/irs-soi/05christian.pdf	http://www.irs.gov/pub/irs-soi/05christian.pdf	X
ftr-371	349	3	]	]	PUNCT
ftr-371	349	4	.	.	PUNCT
ftr-371	350	1	54	54	NUM
ftr-371	350	2	.	.	PUNCT
ftr-371	351	1	simon	simon	PROPN
ftr-371	351	2	j.	j.	PROPN
ftr-371	351	3	pak	pak	PROPN
ftr-371	351	4	and	and	CCONJ
ftr-371	351	5	john	john	PROPN
ftr-371	351	6	s.	s.	PROPN
ftr-371	351	7	zdanowicz	zdanowicz	PROPN
ftr-371	351	8	,	,	PUNCT
ftr-371	351	9	u.s	u.s	PROPN
ftr-371	351	10	.	.	PROPN
ftr-371	351	11	trade	trade	NOUN
ftr-371	351	12	with	with	ADP
ftr-371	351	13	the	the	DET
ftr-371	351	14	world	world	NOUN
ftr-371	351	15	,	,	PUNCT
ftr-371	351	16	an	an	DET
ftr-371	351	17	estimate	estimate	NOUN
ftr-371	351	18	of	of	ADP
ftr-371	351	19	2001	2001	NUM
ftr-371	351	20	lost	lose	VERB
ftr-371	351	21	u.s	u.s	PROPN
ftr-371	351	22	.	.	PROPN
ftr-371	351	23	federal	federal	ADJ
ftr-371	351	24	income	income	NOUN
ftr-371	351	25	tax	tax	NOUN
ftr-371	351	26	revenues	revenue	NOUN
ftr-371	351	27	due	due	ADP
ftr-371	351	28	to	to	ADP
ftr-371	351	29	over	over	ADV
ftr-371	351	30	-	-	PUNCT
ftr-371	351	31	invoiced	invoice	VERB
ftr-371	351	32	imports	import	NOUN
ftr-371	351	33	and	and	CCONJ
ftr-371	351	34	under	under	ADV
ftr-371	351	35	-	-	PUNCT
ftr-371	351	36	invoiced	invoice	VERB
ftr-371	351	37	exports	export	NOUN
ftr-371	351	38	.	.	PUNCT
ftr-371	352	1	oct	oct	PROPN
ftr-371	352	2	.	.	PROPN
ftr-371	352	3	31	31	NUM
ftr-371	352	4	,	,	PUNCT
ftr-371	352	5	2002	2002	NUM
ftr-371	352	6	.	.	PUNCT
ftr-371	353	1	55	55	NUM
ftr-371	353	2	.	.	PUNCT
ftr-371	354	1	multinational	multinational	ADJ
ftr-371	354	2	firm	firm	ADJ
ftr-371	354	3	tax	tax	NOUN
ftr-371	354	4	avoidance	avoidance	NOUN
ftr-371	354	5	and	and	CCONJ
ftr-371	354	6	u.s	u.s	PROPN
ftr-371	354	7	.	.	PROPN
ftr-371	354	8	government	government	NOUN
ftr-371	354	9	revenue	revenue	NOUN
ftr-371	354	10	,	,	PUNCT
ftr-371	354	11	kimberly	kimberly	ADV
ftr-371	354	12	clausing	clausing	NOUN
ftr-371	354	13	,	,	PUNCT
ftr-371	354	14	working	working	NOUN
ftr-371	354	15	paper	paper	NOUN
ftr-371	354	16	,	,	PUNCT
ftr-371	354	17	mar	mar	PROPN
ftr-371	354	18	.	.	PROPN
ftr-371	354	19	2008	2008	NUM
ftr-371	354	20	.	.	PUNCT
ftr-371	355	1	her	her	PRON
ftr-371	355	2	method	method	NOUN
ftr-371	355	3	involved	involve	VERB
ftr-371	355	4	estimating	estimate	VERB
ftr-371	355	5	the	the	DET
ftr-371	355	6	profit	profit	NOUN
ftr-371	355	7	differentials	differential	NOUN
ftr-371	355	8	as	as	ADP
ftr-371	355	9	a	a	DET
ftr-371	355	10	function	function	NOUN
ftr-371	355	11	of	of	ADP
ftr-371	355	12	tax	tax	NOUN
ftr-371	355	13	rate	rate	NOUN
ftr-371	355	14	differentials	differential	NOUN
ftr-371	355	15	over	over	ADP
ftr-371	355	16	the	the	DET
ftr-371	355	17	period	period	NOUN
ftr-371	355	18	1982	1982	NUM
ftr-371	355	19	-	-	SYM
ftr-371	355	20	2004	2004	NUM
ftr-371	355	21	and	and	CCONJ
ftr-371	355	22	then	then	ADV
ftr-371	355	23	applying	apply	VERB
ftr-371	355	24	that	that	DET
ftr-371	355	25	coefficient	coefficient	NOUN
ftr-371	355	26	to	to	ADP
ftr-371	355	27	current	current	ADJ
ftr-371	355	28	earnings	earning	NOUN
ftr-371	355	29	.	.	PUNCT
ftr-371	356	1	2009	2009	NUM
ftr-371	356	2	]	]	PUNCT
ftr-371	356	3	international	international	ADJ
ftr-371	356	4	corporate	corporate	ADJ
ftr-371	356	5	tax	tax	NOUN
ftr-371	356	6	reform	reform	NOUN
ftr-371	356	7	487	487	NUM
ftr-371	356	8	calculations	calculation	NOUN
ftr-371	356	9	based	base	VERB
ftr-371	356	10	on	on	ADP
ftr-371	356	11	returns	return	NOUN
ftr-371	356	12	or	or	CCONJ
ftr-371	356	13	prices	price	NOUN
ftr-371	356	14	,	,	PUNCT
ftr-371	356	15	and	and	CCONJ
ftr-371	356	16	is	be	AUX
ftr-371	356	17	subject	subject	ADJ
ftr-371	356	18	to	to	ADP
ftr-371	356	19	the	the	DET
ftr-371	356	20	econometric	econometric	ADJ
ftr-371	356	21	limitations	limitation	NOUN
ftr-371	356	22	with	with	ADP
ftr-371	356	23	cross	cross	NOUN
ftr-371	356	24	country	country	NOUN
ftr-371	356	25	panel	panel	NOUN
ftr-371	356	26	regressions.56	regressions.56	NOUN
ftr-371	356	27	note	note	NOUN
ftr-371	356	28	,	,	PUNCT
ftr-371	356	29	as	as	SCONJ
ftr-371	356	30	suggested	suggest	VERB
ftr-371	356	31	above	above	ADV
ftr-371	356	32	,	,	PUNCT
ftr-371	356	33	that	that	SCONJ
ftr-371	356	34	the	the	DET
ftr-371	356	35	consequences	consequence	NOUN
ftr-371	356	36	of	of	ADP
ftr-371	356	37	tax	tax	NOUN
ftr-371	356	38	planning	planning	NOUN
ftr-371	356	39	techniques	technique	NOUN
ftr-371	356	40	on	on	ADP
ftr-371	356	41	u.s	u.s	PROPN
ftr-371	356	42	.	.	PROPN
ftr-371	356	43	corporate	corporate	ADJ
ftr-371	356	44	tax	tax	NOUN
ftr-371	356	45	revenue	revenue	NOUN
ftr-371	356	46	are	be	AUX
ftr-371	356	47	unclear	unclear	ADJ
ftr-371	356	48	.	.	PUNCT
ftr-371	357	1	consider	consider	VERB
ftr-371	357	2	,	,	PUNCT
ftr-371	357	3	for	for	ADP
ftr-371	357	4	example	example	NOUN
ftr-371	357	5	,	,	PUNCT
ftr-371	357	6	the	the	DET
ftr-371	357	7	check	check	NOUN
ftr-371	357	8	-	-	PUNCT
ftr-371	357	9	thebox	thebox	NOUN
ftr-371	357	10	provision	provision	NOUN
ftr-371	357	11	,	,	PUNCT
ftr-371	357	12	with	with	ADP
ftr-371	357	13	a	a	DET
ftr-371	357	14	subsidiary	subsidiary	NOUN
ftr-371	357	15	in	in	ADP
ftr-371	357	16	a	a	DET
ftr-371	357	17	high	high	ADJ
ftr-371	357	18	-	-	PUNCT
ftr-371	357	19	tax	tax	NOUN
ftr-371	357	20	host	host	NOUN
ftr-371	357	21	country	country	NOUN
ftr-371	357	22	and	and	CCONJ
ftr-371	357	23	a	a	DET
ftr-371	357	24	subsidiary	subsidiary	NOUN
ftr-371	357	25	in	in	ADP
ftr-371	357	26	a	a	DET
ftr-371	357	27	tax	tax	NOUN
ftr-371	357	28	haven	haven	NOUN
ftr-371	357	29	.	.	PUNCT
ftr-371	358	1	the	the	DET
ftr-371	358	2	tax	tax	PROPN
ftr-371	358	3	haven	haven	PROPN
ftr-371	358	4	subsidiary	subsidiary	PROPN
ftr-371	358	5	loans	loan	NOUN
ftr-371	358	6	money	money	NOUN
ftr-371	358	7	to	to	ADP
ftr-371	358	8	the	the	DET
ftr-371	358	9	host	host	NOUN
ftr-371	358	10	country	country	NOUN
ftr-371	358	11	with	with	ADP
ftr-371	358	12	a	a	DET
ftr-371	358	13	deduction	deduction	NOUN
ftr-371	358	14	for	for	ADP
ftr-371	358	15	interest	interest	NOUN
ftr-371	358	16	in	in	ADP
ftr-371	358	17	that	that	DET
ftr-371	358	18	country	country	NOUN
ftr-371	358	19	,	,	PUNCT
ftr-371	358	20	but	but	CCONJ
ftr-371	358	21	no	no	DET
ftr-371	358	22	taxation	taxation	NOUN
ftr-371	358	23	of	of	ADP
ftr-371	358	24	interest	interest	NOUN
ftr-371	358	25	by	by	ADP
ftr-371	358	26	the	the	DET
ftr-371	358	27	united	united	PROPN
ftr-371	358	28	states	states	PROPN
ftr-371	358	29	.	.	PUNCT
ftr-371	359	1	if	if	SCONJ
ftr-371	359	2	inter	inter	ADJ
ftr-371	359	3	-	-	ADJ
ftr-371	359	4	company	company	ADJ
ftr-371	359	5	payments	payment	NOUN
ftr-371	359	6	were	be	AUX
ftr-371	359	7	subject	subject	ADJ
ftr-371	359	8	to	to	ADP
ftr-371	359	9	subpart	subpart	PROPN
ftr-371	359	10	f	f	PROPN
ftr-371	359	11	through	through	ADP
ftr-371	359	12	a	a	DET
ftr-371	359	13	retraction	retraction	NOUN
ftr-371	359	14	of	of	ADP
ftr-371	359	15	check	check	NOUN
ftr-371	359	16	-	-	PUNCT
ftr-371	359	17	the	the	DET
ftr-371	359	18	-	-	PUNCT
ftr-371	359	19	box	box	NOUN
ftr-371	359	20	,	,	PUNCT
ftr-371	359	21	companies	company	NOUN
ftr-371	359	22	might	might	AUX
ftr-371	359	23	pay	pay	VERB
ftr-371	359	24	the	the	DET
ftr-371	359	25	subpart	subpart	NOUN
ftr-371	359	26	f	f	PROPN
ftr-371	359	27	tax	tax	NOUN
ftr-371	359	28	,	,	PUNCT
ftr-371	359	29	increasing	increase	VERB
ftr-371	359	30	u.s	u.s	PROPN
ftr-371	359	31	.	.	PROPN
ftr-371	359	32	revenues	revenue	NOUN
ftr-371	359	33	.	.	PUNCT
ftr-371	360	1	they	they	PRON
ftr-371	360	2	might	might	AUX
ftr-371	360	3	,	,	PUNCT
ftr-371	360	4	instead	instead	ADV
ftr-371	360	5	,	,	PUNCT
ftr-371	360	6	no	no	ADV
ftr-371	360	7	longer	long	ADV
ftr-371	360	8	make	make	VERB
ftr-371	360	9	loans	loan	NOUN
ftr-371	360	10	,	,	PUNCT
ftr-371	360	11	increasing	increase	VERB
ftr-371	360	12	the	the	DET
ftr-371	360	13	host	host	NOUN
ftr-371	360	14	country	country	NOUN
ftr-371	360	15	revenues	revenue	NOUN
ftr-371	360	16	.	.	PUNCT
ftr-371	361	1	in	in	ADP
ftr-371	361	2	other	other	ADJ
ftr-371	361	3	cases	case	NOUN
ftr-371	361	4	,	,	PUNCT
ftr-371	361	5	as	as	ADV
ftr-371	361	6	well	well	ADV
ftr-371	361	7	,	,	PUNCT
ftr-371	361	8	restrictions	restriction	NOUN
ftr-371	361	9	on	on	ADP
ftr-371	361	10	methods	method	NOUN
ftr-371	361	11	of	of	ADP
ftr-371	361	12	transferring	transfer	VERB
ftr-371	361	13	income	income	NOUN
ftr-371	361	14	may	may	AUX
ftr-371	361	15	benefit	benefit	VERB
ftr-371	361	16	foreign	foreign	ADJ
ftr-371	361	17	high	high	ADJ
ftr-371	361	18	-	-	PUNCT
ftr-371	361	19	tax	tax	NOUN
ftr-371	361	20	jurisdictions	jurisdiction	NOUN
ftr-371	361	21	in	in	ADP
ftr-371	361	22	part	part	NOUN
ftr-371	361	23	.	.	PUNCT
ftr-371	362	1	issues	issue	NOUN
ftr-371	362	2	relating	relate	VERB
ftr-371	362	3	to	to	ADP
ftr-371	362	4	evasion	evasion	NOUN
ftr-371	362	5	in	in	ADP
ftr-371	362	6	general	general	ADJ
ftr-371	362	7	in	in	ADP
ftr-371	362	8	tax	tax	NOUN
ftr-371	362	9	havens	haven	NOUN
ftr-371	362	10	have	have	AUX
ftr-371	362	11	been	be	AUX
ftr-371	362	12	addressed	address	VERB
ftr-371	362	13	by	by	ADP
ftr-371	362	14	some	some	DET
ftr-371	362	15	international	international	ADJ
ftr-371	362	16	agencies	agency	NOUN
ftr-371	362	17	including	include	VERB
ftr-371	362	18	the	the	DET
ftr-371	362	19	oecd	oecd	PROPN
ftr-371	362	20	and	and	CCONJ
ftr-371	362	21	the	the	DET
ftr-371	362	22	european	european	PROPN
ftr-371	362	23	union	union	PROPN
ftr-371	362	24	,	,	PUNCT
ftr-371	362	25	which	which	PRON
ftr-371	362	26	has	have	AUX
ftr-371	362	27	sought	seek	VERB
ftr-371	362	28	to	to	PART
ftr-371	362	29	expand	expand	VERB
ftr-371	362	30	the	the	DET
ftr-371	362	31	exchange	exchange	NOUN
ftr-371	362	32	of	of	ADP
ftr-371	362	33	information	information	NOUN
ftr-371	362	34	and	and	CCONJ
ftr-371	362	35	limit	limit	VERB
ftr-371	362	36	harmful	harmful	ADJ
ftr-371	362	37	tax	tax	NOUN
ftr-371	362	38	practices.57	practices.57	NOUN
ftr-371	362	39	the	the	DET
ftr-371	362	40	scope	scope	NOUN
ftr-371	362	41	of	of	ADP
ftr-371	362	42	the	the	DET
ftr-371	362	43	original	original	ADJ
ftr-371	362	44	oecd	oecd	PROPN
ftr-371	362	45	proposal	proposal	NOUN
ftr-371	362	46	was	be	AUX
ftr-371	362	47	,	,	PUNCT
ftr-371	362	48	some	some	PRON
ftr-371	362	49	argue	argue	PROPN
ftr-371	362	50	,	,	PUNCT
ftr-371	362	51	undermined	undermine	VERB
ftr-371	362	52	by	by	ADP
ftr-371	362	53	the	the	DET
ftr-371	362	54	withdrawal	withdrawal	NOUN
ftr-371	362	55	of	of	ADP
ftr-371	362	56	support	support	NOUN
ftr-371	362	57	by	by	ADP
ftr-371	362	58	the	the	DET
ftr-371	362	59	u.s	u.s	PROPN
ftr-371	362	60	.	.	PROPN
ftr-371	362	61	in	in	ADP
ftr-371	362	62	2001	2001	NUM
ftr-371	362	63	,	,	PUNCT
ftr-371	362	64	although	although	SCONJ
ftr-371	362	65	it	it	PRON
ftr-371	362	66	may	may	AUX
ftr-371	362	67	not	not	PART
ftr-371	362	68	have	have	AUX
ftr-371	362	69	been	be	AUX
ftr-371	362	70	very	very	ADV
ftr-371	362	71	effective	effective	ADJ
ftr-371	362	72	in	in	ADP
ftr-371	362	73	any	any	DET
ftr-371	362	74	case	case	NOUN
ftr-371	362	75	,	,	PUNCT
ftr-371	362	76	since	since	SCONJ
ftr-371	362	77	the	the	DET
ftr-371	362	78	exchange	exchange	NOUN
ftr-371	362	79	of	of	ADP
ftr-371	362	80	information	information	NOUN
ftr-371	362	81	is	be	AUX
ftr-371	362	82	on	on	ADP
ftr-371	362	83	a	a	DET
ftr-371	362	84	request	request	NOUN
ftr-371	362	85	basis	basis	NOUN
ftr-371	362	86	,	,	PUNCT
ftr-371	362	87	requiring	require	VERB
ftr-371	362	88	the	the	DET
ftr-371	362	89	requesting	request	VERB
ftr-371	362	90	country	country	NOUN
ftr-371	362	91	to	to	PART
ftr-371	362	92	be	be	AUX
ftr-371	362	93	able	able	ADJ
ftr-371	362	94	to	to	PART
ftr-371	362	95	identify	identify	VERB
ftr-371	362	96	the	the	DET
ftr-371	362	97	tax	tax	NOUN
ftr-371	362	98	evader	evader	NOUN
ftr-371	362	99	in	in	ADP
ftr-371	362	100	advance58	advance58	NOUN
ftr-371	362	101	the	the	DET
ftr-371	362	102	european	european	PROPN
ftr-371	362	103	union	union	PROPN
ftr-371	362	104	initiative	initiative	NOUN
ftr-371	362	105	which	which	PRON
ftr-371	362	106	requires	require	VERB
ftr-371	362	107	automatic	automatic	ADJ
ftr-371	362	108	information	information	NOUN
ftr-371	362	109	sharing	sharing	NOUN
ftr-371	362	110	or	or	CCONJ
ftr-371	362	111	automatic	automatic	ADJ
ftr-371	362	112	withholding	withholding	NOUN
ftr-371	362	113	might	might	AUX
ftr-371	362	114	be	be	AUX
ftr-371	362	115	more	more	ADV
ftr-371	362	116	effective	effective	ADJ
ftr-371	362	117	but	but	CCONJ
ftr-371	362	118	does	do	AUX
ftr-371	362	119	not	not	PART
ftr-371	362	120	include	include	VERB
ftr-371	362	121	the	the	DET
ftr-371	362	122	united	united	PROPN
ftr-371	362	123	states.59	states.59	PROPN
ftr-371	362	124	as	as	SCONJ
ftr-371	362	125	noted	note	VERB
ftr-371	362	126	above	above	ADV
ftr-371	362	127	,	,	PUNCT
ftr-371	362	128	the	the	DET
ftr-371	362	129	evasion	evasion	NOUN
ftr-371	362	130	of	of	ADP
ftr-371	362	131	this	this	DET
ftr-371	362	132	type	type	NOUN
ftr-371	362	133	is	be	AUX
ftr-371	362	134	more	more	ADV
ftr-371	362	135	likely	likely	ADJ
ftr-371	362	136	to	to	PART
ftr-371	362	137	be	be	AUX
ftr-371	362	138	associated	associate	VERB
ftr-371	362	139	with	with	ADP
ftr-371	362	140	individuals	individual	NOUN
ftr-371	362	141	rather	rather	ADV
ftr-371	362	142	than	than	ADP
ftr-371	362	143	large	large	ADJ
ftr-371	362	144	multinational	multinational	ADJ
ftr-371	362	145	corporations	corporation	NOUN
ftr-371	362	146	,	,	PUNCT
ftr-371	362	147	but	but	CCONJ
ftr-371	362	148	developing	develop	VERB
ftr-371	362	149	automatic	automatic	ADJ
ftr-371	362	150	information	information	NOUN
ftr-371	362	151	exchange	exchange	NOUN
ftr-371	362	152	would	would	AUX
ftr-371	362	153	be	be	AUX
ftr-371	362	154	helpful	helpful	ADJ
ftr-371	362	155	in	in	ADP
ftr-371	362	156	achieving	achieve	VERB
ftr-371	362	157	greater	great	ADJ
ftr-371	362	158	tax	tax	NOUN
ftr-371	362	159	compliance	compliance	NOUN
ftr-371	362	160	for	for	ADP
ftr-371	362	161	business	business	NOUN
ftr-371	362	162	as	as	ADV
ftr-371	362	163	well	well	ADV
ftr-371	362	164	as	as	ADP
ftr-371	362	165	individuals	individual	NOUN
ftr-371	362	166	.	.	PUNCT
ftr-371	363	1	iv	iv	X
ftr-371	363	2	.	.	PUNCT
ftr-371	363	3	proposals	proposal	NOUN
ftr-371	363	4	for	for	ADP
ftr-371	363	5	revision	revision	NOUN
ftr-371	363	6	there	there	PRON
ftr-371	363	7	is	be	VERB
ftr-371	363	8	general	general	ADJ
ftr-371	363	9	agreement	agreement	NOUN
ftr-371	363	10	that	that	PRON
ftr-371	363	11	the	the	DET
ftr-371	363	12	current	current	ADJ
ftr-371	363	13	system	system	NOUN
ftr-371	363	14	could	could	AUX
ftr-371	363	15	be	be	AUX
ftr-371	363	16	worse	bad	ADJ
ftr-371	363	17	than	than	ADP
ftr-371	363	18	either	either	CCONJ
ftr-371	363	19	a	a	DET
ftr-371	363	20	purer	purer	NOUN
ftr-371	363	21	residence	residence	NOUN
ftr-371	363	22	or	or	CCONJ
ftr-371	363	23	a	a	DET
ftr-371	363	24	purer	purer	NOUN
ftr-371	363	25	territorial	territorial	ADJ
ftr-371	363	26	system	system	NOUN
ftr-371	363	27	.	.	PUNCT
ftr-371	364	1	it	it	PRON
ftr-371	364	2	is	be	AUX
ftr-371	364	3	effectively	effectively	ADV
ftr-371	364	4	a	a	DET
ftr-371	364	5	territorial	territorial	ADJ
ftr-371	364	6	system	system	NOUN
ftr-371	364	7	,	,	PUNCT
ftr-371	364	8	in	in	ADP
ftr-371	364	9	that	that	DET
ftr-371	364	10	taxes	taxis	NOUN
ftr-371	364	11	imposed	impose	VERB
ftr-371	364	12	on	on	ADP
ftr-371	364	13	measured	measure	VERB
ftr-371	364	14	foreign	foreign	ADJ
ftr-371	364	15	source	source	NOUN
ftr-371	364	16	income	income	NOUN
ftr-371	364	17	are	be	AUX
ftr-371	364	18	negligible	negligible	ADJ
ftr-371	364	19	and	and	CCONJ
ftr-371	364	20	it	it	PRON
ftr-371	364	21	may	may	AUX
ftr-371	364	22	also	also	ADV
ftr-371	364	23	shelter	shelter	VERB
ftr-371	364	24	domestic	domestic	ADJ
ftr-371	364	25	income	income	NOUN
ftr-371	364	26	from	from	ADP
ftr-371	364	27	tax	tax	NOUN
ftr-371	364	28	.	.	PUNCT
ftr-371	365	1	by	by	ADP
ftr-371	365	2	allowing	allow	VERB
ftr-371	365	3	deferral	deferral	ADJ
ftr-371	365	4	,	,	PUNCT
ftr-371	365	5	companies	company	NOUN
ftr-371	365	6	can	can	AUX
ftr-371	365	7	elect	elect	VERB
ftr-371	365	8	when	when	SCONJ
ftr-371	365	9	to	to	PART
ftr-371	365	10	repatriate	repatriate	VERB
ftr-371	365	11	to	to	PART
ftr-371	365	12	match	match	VERB
ftr-371	365	13	taxes	taxis	NOUN
ftr-371	365	14	with	with	ADP
ftr-371	365	15	excess	excess	ADJ
ftr-371	365	16	credits	credit	NOUN
ftr-371	365	17	,	,	PUNCT
ftr-371	365	18	allow	allow	VERB
ftr-371	365	19	deductions	deduction	NOUN
ftr-371	365	20	of	of	ADP
ftr-371	365	21	parent	parent	NOUN
ftr-371	365	22	company	company	NOUN
ftr-371	365	23	overhead	overhead	ADV
ftr-371	365	24	such	such	ADJ
ftr-371	365	25	as	as	ADP
ftr-371	365	26	interest	interest	NOUN
ftr-371	365	27	while	while	SCONJ
ftr-371	365	28	not	not	PART
ftr-371	365	29	taxing	tax	VERB
ftr-371	365	30	income	income	NOUN
ftr-371	365	31	,	,	PUNCT
ftr-371	365	32	and	and	CCONJ
ftr-371	365	33	allow	allow	VERB
ftr-371	365	34	foreign	foreign	ADJ
ftr-371	365	35	losses	loss	NOUN
ftr-371	365	36	to	to	PART
ftr-371	365	37	offset	offset	VERB
ftr-371	365	38	domestic	domestic	ADJ
ftr-371	365	39	income	income	NOUN
ftr-371	365	40	.	.	PUNCT
ftr-371	366	1	as	as	SCONJ
ftr-371	366	2	indicated	indicate	VERB
ftr-371	366	3	in	in	ADP
ftr-371	366	4	the	the	DET
ftr-371	366	5	previous	previous	ADJ
ftr-371	366	6	discussion	discussion	NOUN
ftr-371	366	7	,	,	PUNCT
ftr-371	366	8	many	many	ADJ
ftr-371	366	9	of	of	ADP
ftr-371	366	10	the	the	DET
ftr-371	366	11	subpart	subpart	NOUN
ftr-371	366	12	f	f	NOUN
ftr-371	366	13	taxes	taxis	NOUN
ftr-371	366	14	on	on	ADP
ftr-371	366	15	passive	passive	ADJ
ftr-371	366	16	income	income	NOUN
ftr-371	366	17	may	may	AUX
ftr-371	366	18	be	be	AUX
ftr-371	366	19	avoided	avoid	VERB
ftr-371	366	20	by	by	ADP
ftr-371	366	21	56	56	NUM
ftr-371	366	22	.	.	PUNCT
ftr-371	367	1	these	these	DET
ftr-371	367	2	approaches	approach	NOUN
ftr-371	367	3	often	often	ADV
ftr-371	367	4	find	find	VERB
ftr-371	367	5	it	it	PRON
ftr-371	367	6	difficult	difficult	ADJ
ftr-371	367	7	to	to	PART
ftr-371	367	8	account	account	VERB
ftr-371	367	9	for	for	ADP
ftr-371	367	10	country	country	NOUN
ftr-371	367	11	-	-	PUNCT
ftr-371	367	12	specific	specific	ADJ
ftr-371	367	13	effects	effect	NOUN
ftr-371	367	14	.	.	PUNCT
ftr-371	368	1	57	57	NUM
ftr-371	368	2	.	.	PUNCT
ftr-371	369	1	see	see	VERB
ftr-371	369	2	tax	tax	NOUN
ftr-371	369	3	justice	justice	NOUN
ftr-371	369	4	network	network	NOUN
ftr-371	369	5	,	,	PUNCT
ftr-371	369	6	tax	tax	VERB
ftr-371	369	7	us	we	PRON
ftr-371	369	8	if	if	SCONJ
ftr-371	369	9	you	you	PRON
ftr-371	369	10	can	can	AUX
ftr-371	369	11	,	,	PUNCT
ftr-371	369	12	sep	sep	PROPN
ftr-371	369	13	.	.	PROPN
ftr-371	369	14	2005	2005	NUM
ftr-371	369	15	,	,	PUNCT
ftr-371	369	16	pp	pp	ADJ
ftr-371	369	17	.	.	PUNCT
ftr-371	370	1	39	39	NUM
ftr-371	370	2	-	-	SYM
ftr-371	370	3	42	42	NUM
ftr-371	370	4	,	,	PUNCT
ftr-371	370	5	for	for	ADP
ftr-371	370	6	a	a	DET
ftr-371	370	7	brief	brief	ADJ
ftr-371	370	8	discussion	discussion	NOUN
ftr-371	370	9	of	of	ADP
ftr-371	370	10	some	some	PRON
ftr-371	370	11	of	of	ADP
ftr-371	370	12	these	these	DET
ftr-371	370	13	efforts	effort	NOUN
ftr-371	370	14	.	.	PUNCT
ftr-371	371	1	58	58	NUM
ftr-371	371	2	.	.	PUNCT
ftr-371	372	1	for	for	ADP
ftr-371	372	2	a	a	DET
ftr-371	372	3	discussion	discussion	NOUN
ftr-371	372	4	see	see	VERB
ftr-371	372	5	martin	martin	PROPN
ftr-371	372	6	a.	a.	PROPN
ftr-371	372	7	sullivan	sullivan	PROPN
ftr-371	372	8	,	,	PUNCT
ftr-371	372	9	“	"	PUNCT
ftr-371	372	10	lessons	lesson	NOUN
ftr-371	372	11	from	from	ADP
ftr-371	372	12	the	the	DET
ftr-371	372	13	last	last	ADJ
ftr-371	372	14	war	war	NOUN
ftr-371	372	15	on	on	ADP
ftr-371	372	16	tax	tax	NOUN
ftr-371	372	17	havens	haven	NOUN
ftr-371	372	18	,	,	PUNCT
ftr-371	372	19	”	"	PUNCT
ftr-371	372	20	tax	tax	NOUN
ftr-371	372	21	notes	note	NOUN
ftr-371	372	22	,	,	PUNCT
ftr-371	372	23	jul	jul	PROPN
ftr-371	372	24	.	.	PROPN
ftr-371	372	25	30	30	NUM
ftr-371	372	26	,	,	PUNCT
ftr-371	372	27	2007	2007	NUM
ftr-371	372	28	,	,	PUNCT
ftr-371	372	29	pp	pp	ADJ
ftr-371	372	30	.	.	PUNCT
ftr-371	373	1	327	327	NUM
ftr-371	373	2	-	-	SYM
ftr-371	373	3	337	337	NUM
ftr-371	373	4	.	.	PUNCT
ftr-371	374	1	59	59	NUM
ftr-371	374	2	.	.	PUNCT
ftr-371	374	3	ibid	ibid	NOUN
ftr-371	374	4	.	.	PUNCT
ftr-371	375	1	488	488	NUM
ftr-371	375	2	florida	florida	PROPN
ftr-371	375	3	tax	tax	NOUN
ftr-371	375	4	review	review	NOUN
ftr-371	375	5	[	[	X
ftr-371	375	6	vol	vol	NOUN
ftr-371	375	7	.	.	PUNCT
ftr-371	375	8	9:5	9:5	NUM
ftr-371	375	9	provisions	provision	NOUN
ftr-371	375	10	such	such	ADJ
ftr-371	375	11	as	as	ADP
ftr-371	375	12	check	check	NOUN
ftr-371	375	13	-	-	PUNCT
ftr-371	375	14	the	the	DET
ftr-371	375	15	-	-	PUNCT
ftr-371	375	16	box	box	NOUN
ftr-371	375	17	,	,	PUNCT
ftr-371	375	18	and	and	CCONJ
ftr-371	375	19	passive	passive	ADJ
ftr-371	375	20	income	income	NOUN
ftr-371	375	21	in	in	ADP
ftr-371	375	22	the	the	DET
ftr-371	375	23	aggregate	aggregate	NOUN
ftr-371	375	24	,	,	PUNCT
ftr-371	375	25	as	as	ADP
ftr-371	375	26	the	the	DET
ftr-371	375	27	result	result	NOUN
ftr-371	375	28	of	of	ADP
ftr-371	375	29	changes	change	NOUN
ftr-371	375	30	made	make	VERB
ftr-371	375	31	in	in	ADP
ftr-371	375	32	2004	2004	NUM
ftr-371	375	33	,	,	PUNCT
ftr-371	375	34	is	be	AUX
ftr-371	375	35	eligible	eligible	ADJ
ftr-371	375	36	for	for	ADP
ftr-371	375	37	cross	cross	ADJ
ftr-371	375	38	-	-	ADJ
ftr-371	375	39	crediting	crediting	ADJ
ftr-371	375	40	.	.	PUNCT
ftr-371	376	1	in	in	ADP
ftr-371	376	2	this	this	DET
ftr-371	376	3	section	section	NOUN
ftr-371	376	4	we	we	PRON
ftr-371	376	5	discuss	discuss	VERB
ftr-371	376	6	proposals	proposal	NOUN
ftr-371	376	7	for	for	ADP
ftr-371	376	8	revision	revision	NOUN
ftr-371	376	9	that	that	PRON
ftr-371	376	10	can	can	AUX
ftr-371	376	11	be	be	AUX
ftr-371	376	12	revenue	revenue	NOUN
ftr-371	376	13	neutral	neutral	ADJ
ftr-371	376	14	(	(	PUNCT
ftr-371	376	15	by	by	ADP
ftr-371	376	16	altering	alter	VERB
ftr-371	376	17	the	the	DET
ftr-371	376	18	corporate	corporate	ADJ
ftr-371	376	19	tax	tax	NOUN
ftr-371	376	20	rate	rate	NOUN
ftr-371	376	21	)	)	PUNCT
ftr-371	376	22	and	and	CCONJ
ftr-371	376	23	that	that	PRON
ftr-371	376	24	maintain	maintain	VERB
ftr-371	376	25	a	a	DET
ftr-371	376	26	capital	capital	NOUN
ftr-371	376	27	income	income	NOUN
ftr-371	376	28	tax	tax	NOUN
ftr-371	376	29	,	,	PUNCT
ftr-371	376	30	thus	thus	ADV
ftr-371	376	31	avoiding	avoid	VERB
ftr-371	376	32	concerns	concern	NOUN
ftr-371	376	33	regarding	regard	VERB
ftr-371	376	34	distributional	distributional	ADJ
ftr-371	376	35	effects	effect	NOUN
ftr-371	376	36	of	of	ADP
ftr-371	376	37	more	more	ADJ
ftr-371	376	38	fundamental	fundamental	ADJ
ftr-371	376	39	tax	tax	NOUN
ftr-371	376	40	reforms.60	reforms.60	PROPN
ftr-371	376	41	the	the	DET
ftr-371	376	42	proposals	proposal	NOUN
ftr-371	376	43	discussed	discuss	VERB
ftr-371	376	44	below	below	ADP
ftr-371	376	45	fall	fall	NOUN
ftr-371	376	46	into	into	ADP
ftr-371	376	47	four	four	NUM
ftr-371	376	48	main	main	ADJ
ftr-371	376	49	categories	category	NOUN
ftr-371	376	50	.	.	PUNCT
ftr-371	377	1	the	the	DET
ftr-371	377	2	first	first	ADJ
ftr-371	377	3	category	category	NOUN
ftr-371	377	4	is	be	AUX
ftr-371	377	5	narrow	narrow	ADJ
ftr-371	377	6	changes	change	NOUN
ftr-371	377	7	in	in	ADP
ftr-371	377	8	the	the	DET
ftr-371	377	9	international	international	ADJ
ftr-371	377	10	tax	tax	NOUN
ftr-371	377	11	regime	regime	NOUN
ftr-371	377	12	that	that	PRON
ftr-371	377	13	largely	largely	ADV
ftr-371	377	14	address	address	VERB
ftr-371	377	15	international	international	ADJ
ftr-371	377	16	tax	tax	NOUN
ftr-371	377	17	avoidance	avoidance	NOUN
ftr-371	377	18	.	.	PUNCT
ftr-371	378	1	the	the	DET
ftr-371	378	2	second	second	NOUN
ftr-371	378	3	is	be	AUX
ftr-371	378	4	a	a	DET
ftr-371	378	5	proposal	proposal	NOUN
ftr-371	378	6	to	to	PART
ftr-371	378	7	move	move	VERB
ftr-371	378	8	to	to	ADP
ftr-371	378	9	an	an	DET
ftr-371	378	10	explicit	explicit	ADJ
ftr-371	378	11	territorial	territorial	ADJ
ftr-371	378	12	regime	regime	NOUN
ftr-371	378	13	for	for	ADP
ftr-371	378	14	active	active	ADJ
ftr-371	378	15	business	business	NOUN
ftr-371	378	16	while	while	SCONJ
ftr-371	378	17	limiting	limit	VERB
ftr-371	378	18	some	some	PRON
ftr-371	378	19	of	of	ADP
ftr-371	378	20	the	the	DET
ftr-371	378	21	benefits	benefit	NOUN
ftr-371	378	22	associated	associate	VERB
ftr-371	378	23	with	with	ADP
ftr-371	378	24	the	the	DET
ftr-371	378	25	current	current	ADJ
ftr-371	378	26	regime	regime	NOUN
ftr-371	378	27	.	.	PUNCT
ftr-371	379	1	the	the	DET
ftr-371	379	2	third	third	NOUN
ftr-371	379	3	is	be	AUX
ftr-371	379	4	a	a	DET
ftr-371	379	5	proposal	proposal	NOUN
ftr-371	379	6	to	to	PART
ftr-371	379	7	move	move	VERB
ftr-371	379	8	in	in	ADP
ftr-371	379	9	an	an	DET
ftr-371	379	10	opposite	opposite	ADJ
ftr-371	379	11	direction	direction	NOUN
ftr-371	379	12	,	,	PUNCT
ftr-371	379	13	by	by	ADP
ftr-371	379	14	eliminating	eliminate	VERB
ftr-371	379	15	deferral	deferral	ADJ
ftr-371	379	16	and	and	CCONJ
ftr-371	379	17	possibly	possibly	ADV
ftr-371	379	18	taking	take	VERB
ftr-371	379	19	other	other	ADJ
ftr-371	379	20	measures	measure	NOUN
ftr-371	379	21	to	to	PART
ftr-371	379	22	enforce	enforce	VERB
ftr-371	379	23	more	more	ADJ
ftr-371	379	24	of	of	ADP
ftr-371	379	25	a	a	DET
ftr-371	379	26	residence	residence	NOUN
ftr-371	379	27	-	-	PUNCT
ftr-371	379	28	based	base	VERB
ftr-371	379	29	tax	tax	NOUN
ftr-371	379	30	system	system	NOUN
ftr-371	379	31	.	.	PUNCT
ftr-371	380	1	the	the	DET
ftr-371	380	2	final	final	ADJ
ftr-371	380	3	is	be	AUX
ftr-371	380	4	some	some	DET
ftr-371	380	5	reforms	reform	NOUN
ftr-371	380	6	in	in	ADP
ftr-371	380	7	the	the	DET
ftr-371	380	8	domestic	domestic	ADJ
ftr-371	380	9	corporate	corporate	ADJ
ftr-371	380	10	tax	tax	NOUN
ftr-371	380	11	that	that	PRON
ftr-371	380	12	may	may	AUX
ftr-371	380	13	alleviate	alleviate	VERB
ftr-371	380	14	some	some	PRON
ftr-371	380	15	of	of	ADP
ftr-371	380	16	the	the	DET
ftr-371	380	17	problems	problem	NOUN
ftr-371	380	18	with	with	ADP
ftr-371	380	19	the	the	DET
ftr-371	380	20	international	international	ADJ
ftr-371	380	21	tax	tax	NOUN
ftr-371	380	22	regime	regime	NOUN
ftr-371	380	23	.	.	PUNCT
ftr-371	381	1	all	all	PRON
ftr-371	381	2	of	of	ADP
ftr-371	381	3	these	these	DET
ftr-371	381	4	changes	change	NOUN
ftr-371	381	5	at	at	ADP
ftr-371	381	6	least	least	ADJ
ftr-371	381	7	claim	claim	VERB
ftr-371	381	8	to	to	PART
ftr-371	381	9	raise	raise	VERB
ftr-371	381	10	revenues	revenue	NOUN
ftr-371	381	11	or	or	CCONJ
ftr-371	381	12	be	be	AUX
ftr-371	381	13	revenue	revenue	NOUN
ftr-371	381	14	neutral	neutral	ADJ
ftr-371	381	15	,	,	PUNCT
ftr-371	381	16	permitting	permit	VERB
ftr-371	381	17	the	the	DET
ftr-371	381	18	corporate	corporate	ADJ
ftr-371	381	19	tax	tax	NOUN
ftr-371	381	20	rate	rate	NOUN
ftr-371	381	21	to	to	PART
ftr-371	381	22	remain	remain	VERB
ftr-371	381	23	fixed	fix	VERB
ftr-371	381	24	or	or	CCONJ
ftr-371	381	25	to	to	PART
ftr-371	381	26	fall	fall	VERB
ftr-371	381	27	.	.	PUNCT
ftr-371	382	1	a.	a.	NOUN
ftr-371	382	2	specific	specific	ADJ
ftr-371	382	3	provisions	provision	NOUN
ftr-371	382	4	to	to	PART
ftr-371	382	5	address	address	VERB
ftr-371	382	6	tax	tax	NOUN
ftr-371	382	7	avoidance	avoidance	NOUN
ftr-371	382	8	and	and	CCONJ
ftr-371	382	9	tax	tax	NOUN
ftr-371	382	10	havens	haven	NOUN
ftr-371	382	11	in	in	ADP
ftr-371	382	12	this	this	DET
ftr-371	382	13	section	section	NOUN
ftr-371	382	14	,	,	PUNCT
ftr-371	382	15	a	a	DET
ftr-371	382	16	series	series	NOUN
ftr-371	382	17	of	of	ADP
ftr-371	382	18	targeted	target	VERB
ftr-371	382	19	proposals	proposal	NOUN
ftr-371	382	20	that	that	PRON
ftr-371	382	21	largely	largely	ADV
ftr-371	382	22	address	address	VERB
ftr-371	382	23	tax	tax	NOUN
ftr-371	382	24	avoidance	avoidance	NOUN
ftr-371	382	25	are	be	AUX
ftr-371	382	26	discussed	discuss	VERB
ftr-371	382	27	.	.	PUNCT
ftr-371	383	1	some	some	PRON
ftr-371	383	2	of	of	ADP
ftr-371	383	3	these	these	DET
ftr-371	383	4	provisions	provision	NOUN
ftr-371	383	5	would	would	AUX
ftr-371	383	6	,	,	PUNCT
ftr-371	383	7	however	however	ADV
ftr-371	383	8	,	,	PUNCT
ftr-371	383	9	be	be	AUX
ftr-371	383	10	quite	quite	ADV
ftr-371	383	11	sweeping	sweeping	ADJ
ftr-371	383	12	,	,	PUNCT
ftr-371	383	13	such	such	ADJ
ftr-371	383	14	as	as	SCONJ
ftr-371	383	15	those	those	PRON
ftr-371	383	16	affecting	affect	VERB
ftr-371	383	17	tax	tax	NOUN
ftr-371	383	18	havens	haven	NOUN
ftr-371	383	19	or	or	CCONJ
ftr-371	383	20	those	those	DET
ftr-371	383	21	disallowing	disallow	VERB
ftr-371	383	22	parent	parent	NOUN
ftr-371	383	23	company	company	NOUN
ftr-371	383	24	cost	cost	NOUN
ftr-371	383	25	deductions	deduction	NOUN
ftr-371	383	26	for	for	ADP
ftr-371	383	27	deferred	deferred	ADJ
ftr-371	383	28	income	income	NOUN
ftr-371	383	29	.	.	PUNCT
ftr-371	384	1	note	note	VERB
ftr-371	384	2	that	that	SCONJ
ftr-371	384	3	this	this	DET
ftr-371	384	4	list	list	NOUN
ftr-371	384	5	is	be	AUX
ftr-371	384	6	not	not	PART
ftr-371	384	7	exhaustive	exhaustive	ADJ
ftr-371	384	8	,	,	PUNCT
ftr-371	384	9	as	as	SCONJ
ftr-371	384	10	there	there	PRON
ftr-371	384	11	are	be	VERB
ftr-371	384	12	numerous	numerous	ADJ
ftr-371	384	13	narrow	narrow	ADJ
ftr-371	384	14	technical	technical	ADJ
ftr-371	384	15	changes	change	NOUN
ftr-371	384	16	in	in	ADP
ftr-371	384	17	the	the	DET
ftr-371	384	18	law	law	NOUN
ftr-371	384	19	and	and	CCONJ
ftr-371	384	20	regulations	regulation	NOUN
ftr-371	384	21	that	that	PRON
ftr-371	384	22	might	might	AUX
ftr-371	384	23	reduce	reduce	VERB
ftr-371	384	24	tax	tax	NOUN
ftr-371	384	25	avoidance	avoidance	NOUN
ftr-371	384	26	;	;	PUNCT
ftr-371	384	27	this	this	DET
ftr-371	384	28	list	list	NOUN
ftr-371	384	29	focuses	focus	VERB
ftr-371	384	30	on	on	ADP
ftr-371	384	31	broader	broad	ADJ
ftr-371	384	32	proposals	proposal	NOUN
ftr-371	384	33	.	.	PUNCT
ftr-371	385	1	reverse	reverse	ADJ
ftr-371	385	2	check	check	VERB
ftr-371	385	3	-	-	PUNCT
ftr-371	385	4	the	the	DET
ftr-371	385	5	-	-	PUNCT
ftr-371	385	6	box	box	NOUN
ftr-371	385	7	for	for	ADP
ftr-371	385	8	foreign	foreign	ADJ
ftr-371	385	9	subsidiaries	subsidiary	NOUN
ftr-371	385	10	b	b	NOUN
ftr-371	385	11	one	one	NUM
ftr-371	385	12	change	change	NOUN
ftr-371	385	13	that	that	PRON
ftr-371	385	14	would	would	AUX
ftr-371	385	15	reduce	reduce	VERB
ftr-371	385	16	profit	profit	NOUN
ftr-371	385	17	shifting	shifting	NOUN
ftr-371	385	18	is	be	AUX
ftr-371	385	19	to	to	PART
ftr-371	385	20	disallow	disallow	VERB
ftr-371	385	21	the	the	DET
ftr-371	385	22	application	application	NOUN
ftr-371	385	23	of	of	ADP
ftr-371	385	24	check	check	NOUN
ftr-371	385	25	-	-	PUNCT
ftr-371	385	26	the	the	DET
ftr-371	385	27	-	-	PUNCT
ftr-371	385	28	box	box	NOUN
ftr-371	385	29	rules	rule	NOUN
ftr-371	385	30	for	for	ADP
ftr-371	385	31	multinationals	multinational	NOUN
ftr-371	385	32	,	,	PUNCT
ftr-371	385	33	which	which	PRON
ftr-371	385	34	would	would	AUX
ftr-371	385	35	require	require	VERB
ftr-371	385	36	revising	revise	VERB
ftr-371	385	37	the	the	DET
ftr-371	385	38	regulatory	regulatory	ADJ
ftr-371	385	39	rules	rule	NOUN
ftr-371	385	40	and	and	CCONJ
ftr-371	385	41	repealing	repeal	VERB
ftr-371	385	42	the	the	DET
ftr-371	385	43	legislative	legislative	ADJ
ftr-371	385	44	provision	provision	NOUN
ftr-371	385	45	for	for	ADP
ftr-371	385	46	look	look	NOUN
ftr-371	385	47	-	-	PUNCT
ftr-371	385	48	through	through	NOUN
ftr-371	385	49	adopted	adopt	VERB
ftr-371	385	50	in	in	ADP
ftr-371	385	51	2006	2006	NUM
ftr-371	385	52	.	.	PUNCT
ftr-371	386	1	as	as	SCONJ
ftr-371	386	2	noted	note	VERB
ftr-371	386	3	earlier	early	ADV
ftr-371	386	4	,	,	PUNCT
ftr-371	386	5	this	this	DET
ftr-371	386	6	change	change	NOUN
ftr-371	386	7	may	may	AUX
ftr-371	386	8	not	not	PART
ftr-371	386	9	necessarily	necessarily	ADV
ftr-371	386	10	raise	raise	VERB
ftr-371	386	11	much	much	ADJ
ftr-371	386	12	revenue	revenue	NOUN
ftr-371	386	13	for	for	ADP
ftr-371	386	14	the	the	DET
ftr-371	386	15	united	united	PROPN
ftr-371	386	16	states	states	PROPN
ftr-371	386	17	,	,	PUNCT
ftr-371	386	18	if	if	SCONJ
ftr-371	386	19	the	the	DET
ftr-371	386	20	response	response	NOUN
ftr-371	386	21	is	be	AUX
ftr-371	386	22	to	to	PART
ftr-371	386	23	shift	shift	VERB
ftr-371	386	24	income	income	NOUN
ftr-371	386	25	to	to	ADP
ftr-371	386	26	high	high	ADJ
ftr-371	386	27	-	-	PUNCT
ftr-371	386	28	tax	tax	NOUN
ftr-371	386	29	host	host	NOUN
ftr-371	386	30	countries	country	NOUN
ftr-371	386	31	rather	rather	ADV
ftr-371	386	32	than	than	ADP
ftr-371	386	33	to	to	PART
ftr-371	386	34	pay	pay	VERB
ftr-371	386	35	subpart	subpart	NOUN
ftr-371	386	36	f	f	NOUN
ftr-371	386	37	taxes	taxis	NOUN
ftr-371	386	38	.	.	PUNCT
ftr-371	387	1	such	such	DET
ftr-371	387	2	a	a	DET
ftr-371	387	3	change	change	NOUN
ftr-371	387	4	would	would	AUX
ftr-371	387	5	not	not	PART
ftr-371	387	6	,	,	PUNCT
ftr-371	387	7	therefore	therefore	ADV
ftr-371	387	8	,	,	PUNCT
ftr-371	387	9	be	be	AUX
ftr-371	387	10	in	in	ADP
ftr-371	387	11	pursuance	pursuance	NOUN
ftr-371	387	12	of	of	ADP
ftr-371	387	13	national	national	ADJ
ftr-371	387	14	optimality	optimality	NOUN
ftr-371	387	15	to	to	ADP
ftr-371	387	16	the	the	DET
ftr-371	387	17	extent	extent	NOUN
ftr-371	387	18	that	that	SCONJ
ftr-371	387	19	it	it	PRON
ftr-371	387	20	increases	increase	VERB
ftr-371	387	21	revenues	revenue	NOUN
ftr-371	387	22	of	of	ADP
ftr-371	387	23	high	high	ADJ
ftr-371	387	24	-	-	PUNCT
ftr-371	387	25	tax	tax	NOUN
ftr-371	387	26	countries	country	NOUN
ftr-371	387	27	,	,	PUNCT
ftr-371	387	28	but	but	CCONJ
ftr-371	387	29	it	it	PRON
ftr-371	387	30	would	would	AUX
ftr-371	387	31	reduce	reduce	VERB
ftr-371	387	32	60	60	NUM
ftr-371	387	33	.	.	PUNCT
ftr-371	388	1	thus	thus	ADV
ftr-371	388	2	,	,	PUNCT
ftr-371	388	3	this	this	DET
ftr-371	388	4	section	section	NOUN
ftr-371	388	5	does	do	AUX
ftr-371	388	6	not	not	PART
ftr-371	388	7	discuss	discuss	VERB
ftr-371	388	8	the	the	DET
ftr-371	388	9	advisory	advisory	ADJ
ftr-371	388	10	panel	panel	NOUN
ftr-371	388	11	=	=	NOUN
ftr-371	388	12	s	s	PART
ftr-371	388	13	proposal	proposal	NOUN
ftr-371	388	14	to	to	PART
ftr-371	388	15	move	move	VERB
ftr-371	388	16	to	to	ADP
ftr-371	388	17	a	a	DET
ftr-371	388	18	consumption	consumption	NOUN
ftr-371	388	19	tax	tax	NOUN
ftr-371	388	20	base	base	NOUN
ftr-371	388	21	by	by	ADP
ftr-371	388	22	allowing	allow	VERB
ftr-371	388	23	expensing	expense	VERB
ftr-371	388	24	of	of	ADP
ftr-371	388	25	investment	investment	NOUN
ftr-371	388	26	.	.	PUNCT
ftr-371	389	1	note	note	NOUN
ftr-371	389	2	,	,	PUNCT
ftr-371	389	3	also	also	ADV
ftr-371	389	4	,	,	PUNCT
ftr-371	389	5	that	that	SCONJ
ftr-371	389	6	one	one	NUM
ftr-371	389	7	problem	problem	NOUN
ftr-371	389	8	with	with	ADP
ftr-371	389	9	this	this	DET
ftr-371	389	10	approach	approach	NOUN
ftr-371	389	11	is	be	AUX
ftr-371	389	12	,	,	PUNCT
ftr-371	389	13	while	while	SCONJ
ftr-371	389	14	it	it	PRON
ftr-371	389	15	would	would	AUX
ftr-371	389	16	introduce	introduce	VERB
ftr-371	389	17	investment	investment	NOUN
ftr-371	389	18	neutrality	neutrality	NOUN
ftr-371	389	19	,	,	PUNCT
ftr-371	389	20	it	it	PRON
ftr-371	389	21	is	be	AUX
ftr-371	389	22	not	not	PART
ftr-371	389	23	clear	clear	ADJ
ftr-371	389	24	that	that	SCONJ
ftr-371	389	25	it	it	PRON
ftr-371	389	26	would	would	AUX
ftr-371	389	27	deal	deal	VERB
ftr-371	389	28	with	with	ADP
ftr-371	389	29	profit	profit	NOUN
ftr-371	389	30	shifting	shift	VERB
ftr-371	389	31	unless	unless	SCONJ
ftr-371	389	32	the	the	DET
ftr-371	389	33	tax	tax	NOUN
ftr-371	389	34	were	be	AUX
ftr-371	389	35	on	on	ADP
ftr-371	389	36	a	a	DET
ftr-371	389	37	destination	destination	NOUN
ftr-371	389	38	basis	basis	NOUN
ftr-371	389	39	(	(	PUNCT
ftr-371	389	40	so	so	SCONJ
ftr-371	389	41	that	that	PRON
ftr-371	389	42	tax	tax	NOUN
ftr-371	389	43	on	on	ADP
ftr-371	389	44	cash	cash	NOUN
ftr-371	389	45	flows	flow	NOUN
ftr-371	389	46	would	would	AUX
ftr-371	389	47	hinge	hinge	VERB
ftr-371	389	48	on	on	ADP
ftr-371	389	49	the	the	DET
ftr-371	389	50	place	place	NOUN
ftr-371	389	51	of	of	ADP
ftr-371	389	52	sale	sale	NOUN
ftr-371	389	53	rather	rather	ADV
ftr-371	389	54	than	than	ADP
ftr-371	389	55	the	the	DET
ftr-371	389	56	place	place	NOUN
ftr-371	389	57	of	of	ADP
ftr-371	389	58	production	production	NOUN
ftr-371	389	59	)	)	PUNCT
ftr-371	389	60	.	.	PUNCT
ftr-371	390	1	current	current	ADJ
ftr-371	390	2	international	international	ADJ
ftr-371	390	3	rules	rule	NOUN
ftr-371	390	4	do	do	AUX
ftr-371	390	5	not	not	PART
ftr-371	390	6	allow	allow	VERB
ftr-371	390	7	rebates	rebate	NOUN
ftr-371	390	8	of	of	ADP
ftr-371	390	9	direct	direct	ADJ
ftr-371	390	10	taxes	taxis	NOUN
ftr-371	390	11	.	.	PUNCT
ftr-371	391	1	there	there	PRON
ftr-371	391	2	are	be	VERB
ftr-371	391	3	also	also	ADV
ftr-371	391	4	many	many	ADJ
ftr-371	391	5	challenges	challenge	NOUN
ftr-371	391	6	,	,	PUNCT
ftr-371	391	7	largely	largely	ADV
ftr-371	391	8	relating	relate	VERB
ftr-371	391	9	to	to	ADP
ftr-371	391	10	distribution	distribution	NOUN
ftr-371	391	11	and	and	CCONJ
ftr-371	391	12	transition	transition	NOUN
ftr-371	391	13	,	,	PUNCT
ftr-371	391	14	because	because	SCONJ
ftr-371	391	15	such	such	DET
ftr-371	391	16	a	a	DET
ftr-371	391	17	tax	tax	NOUN
ftr-371	391	18	,	,	PUNCT
ftr-371	391	19	although	although	SCONJ
ftr-371	391	20	it	it	PRON
ftr-371	391	21	appears	appear	VERB
ftr-371	391	22	to	to	PART
ftr-371	391	23	be	be	AUX
ftr-371	391	24	a	a	DET
ftr-371	391	25	tax	tax	NOUN
ftr-371	391	26	on	on	ADP
ftr-371	391	27	capital	capital	NOUN
ftr-371	391	28	,	,	PUNCT
ftr-371	391	29	no	no	ADV
ftr-371	391	30	longer	long	ADV
ftr-371	391	31	functions	function	VERB
ftr-371	391	32	that	that	DET
ftr-371	391	33	way	way	NOUN
ftr-371	391	34	.	.	PUNCT
ftr-371	392	1	see	see	VERB
ftr-371	392	2	jane	jane	PROPN
ftr-371	392	3	g.	g.	PROPN
ftr-371	392	4	gravelle	gravelle	PROPN
ftr-371	392	5	,	,	PUNCT
ftr-371	392	6	the	the	DET
ftr-371	392	7	advisory	advisory	ADJ
ftr-371	392	8	panel	panel	NOUN
ftr-371	392	9	=	=	NOUN
ftr-371	392	10	s	s	PART
ftr-371	392	11	tax	tax	NOUN
ftr-371	392	12	reform	reform	NOUN
ftr-371	392	13	proposals	proposal	NOUN
ftr-371	392	14	,	,	PUNCT
ftr-371	392	15	congressional	congressional	ADJ
ftr-371	392	16	research	research	NOUN
ftr-371	392	17	service	service	NOUN
ftr-371	392	18	report	report	NOUN
ftr-371	392	19	rl33545	rl33545	PROPN
ftr-371	392	20	,	,	PUNCT
ftr-371	392	21	washington	washington	PROPN
ftr-371	392	22	,	,	PUNCT
ftr-371	392	23	d.c	d.c	PROPN
ftr-371	392	24	.	.	PROPN
ftr-371	392	25	,	,	PUNCT
ftr-371	392	26	library	library	NOUN
ftr-371	392	27	of	of	ADP
ftr-371	392	28	congress	congress	PROPN
ftr-371	392	29	,	,	PUNCT
ftr-371	392	30	2007	2007	NUM
ftr-371	392	31	.	.	PUNCT
ftr-371	393	1	2009	2009	NUM
ftr-371	393	2	]	]	PUNCT
ftr-371	393	3	international	international	ADJ
ftr-371	393	4	corporate	corporate	ADJ
ftr-371	393	5	tax	tax	NOUN
ftr-371	393	6	reform	reform	NOUN
ftr-371	393	7	489	489	NUM
ftr-371	393	8	those	those	DET
ftr-371	393	9	circumstances	circumstance	NOUN
ftr-371	393	10	where	where	SCONJ
ftr-371	393	11	profits	profit	NOUN
ftr-371	393	12	are	be	AUX
ftr-371	393	13	not	not	PART
ftr-371	393	14	taxed	tax	VERB
ftr-371	393	15	anywhere	anywhere	ADV
ftr-371	393	16	,	,	PUNCT
ftr-371	393	17	which	which	PRON
ftr-371	393	18	,	,	PUNCT
ftr-371	393	19	after	after	ADV
ftr-371	393	20	all	all	ADV
ftr-371	393	21	,	,	PUNCT
ftr-371	393	22	was	be	AUX
ftr-371	393	23	the	the	DET
ftr-371	393	24	original	original	ADJ
ftr-371	393	25	point	point	NOUN
ftr-371	393	26	of	of	ADP
ftr-371	393	27	subpart	subpart	PROPN
ftr-371	393	28	f.	f.	PROPN
ftr-371	393	29	indeed	indeed	ADV
ftr-371	393	30	,	,	PUNCT
ftr-371	393	31	one	one	PRON
ftr-371	393	32	can	can	AUX
ftr-371	393	33	make	make	VERB
ftr-371	393	34	the	the	DET
ftr-371	393	35	case	case	NOUN
ftr-371	393	36	that	that	SCONJ
ftr-371	393	37	this	this	DET
ftr-371	393	38	checkthe	checkthe	ADJ
ftr-371	393	39	-	-	PUNCT
ftr-371	393	40	box	box	NOUN
ftr-371	393	41	regulation	regulation	NOUN
ftr-371	393	42	as	as	SCONJ
ftr-371	393	43	applied	apply	VERB
ftr-371	393	44	to	to	ADP
ftr-371	393	45	multinational	multinational	ADJ
ftr-371	393	46	firms	firm	NOUN
ftr-371	393	47	may	may	AUX
ftr-371	393	48	have	have	AUX
ftr-371	393	49	effectively	effectively	ADV
ftr-371	393	50	undone	undo	VERB
ftr-371	393	51	,	,	PUNCT
ftr-371	393	52	through	through	ADP
ftr-371	393	53	regulation	regulation	NOUN
ftr-371	393	54	,	,	PUNCT
ftr-371	393	55	much	much	ADJ
ftr-371	393	56	of	of	ADP
ftr-371	393	57	the	the	DET
ftr-371	393	58	legislated	legislate	VERB
ftr-371	393	59	subpart	subpart	NOUN
ftr-371	393	60	f	f	PROPN
ftr-371	393	61	provisions	provision	NOUN
ftr-371	393	62	.	.	PUNCT
ftr-371	394	1	formula	formula	NOUN
ftr-371	394	2	apportionment	apportionment	NOUN
ftr-371	394	3	b	b	NOUN
ftr-371	394	4	one	one	NUM
ftr-371	394	5	proposal	proposal	NOUN
ftr-371	394	6	that	that	PRON
ftr-371	394	7	would	would	AUX
ftr-371	394	8	directly	directly	ADV
ftr-371	394	9	address	address	VERB
ftr-371	394	10	profit	profit	NOUN
ftr-371	394	11	shifting	shift	VERB
ftr-371	394	12	behavior	behavior	NOUN
ftr-371	394	13	is	be	AUX
ftr-371	394	14	a	a	DET
ftr-371	394	15	formula	formula	NOUN
ftr-371	394	16	apportionment	apportionment	NOUN
ftr-371	394	17	,	,	PUNCT
ftr-371	394	18	such	such	ADJ
ftr-371	394	19	as	as	SCONJ
ftr-371	394	20	is	be	AUX
ftr-371	394	21	typically	typically	ADV
ftr-371	394	22	applied	apply	VERB
ftr-371	394	23	by	by	ADP
ftr-371	394	24	the	the	DET
ftr-371	394	25	states	state	NOUN
ftr-371	394	26	and	and	CCONJ
ftr-371	394	27	the	the	DET
ftr-371	394	28	canadian	canadian	ADJ
ftr-371	394	29	provinces	province	NOUN
ftr-371	394	30	.	.	PUNCT
ftr-371	395	1	the	the	DET
ftr-371	395	2	states	state	NOUN
ftr-371	395	3	typically	typically	ADV
ftr-371	395	4	allocate	allocate	VERB
ftr-371	395	5	income	income	NOUN
ftr-371	395	6	based	base	VERB
ftr-371	395	7	on	on	ADP
ftr-371	395	8	a	a	DET
ftr-371	395	9	formula	formula	NOUN
ftr-371	395	10	that	that	PRON
ftr-371	395	11	includes	include	VERB
ftr-371	395	12	assets	asset	NOUN
ftr-371	395	13	,	,	PUNCT
ftr-371	395	14	payroll	payroll	NOUN
ftr-371	395	15	,	,	PUNCT
ftr-371	395	16	and	and	CCONJ
ftr-371	395	17	sales	sale	NOUN
ftr-371	395	18	,	,	PUNCT
ftr-371	395	19	while	while	SCONJ
ftr-371	395	20	the	the	DET
ftr-371	395	21	canadian	canadian	ADJ
ftr-371	395	22	provinces	province	NOUN
ftr-371	395	23	use	use	VERB
ftr-371	395	24	payroll	payroll	NOUN
ftr-371	395	25	and	and	CCONJ
ftr-371	395	26	sales	sale	NOUN
ftr-371	395	27	.	.	PUNCT
ftr-371	396	1	the	the	DET
ftr-371	396	2	proposal	proposal	NOUN
ftr-371	396	3	for	for	ADP
ftr-371	396	4	formula	formula	NOUN
ftr-371	396	5	apportionment	apportionment	NOUN
ftr-371	396	6	has	have	AUX
ftr-371	396	7	been	be	AUX
ftr-371	396	8	the	the	DET
ftr-371	396	9	subject	subject	NOUN
ftr-371	396	10	of	of	ADP
ftr-371	396	11	a	a	DET
ftr-371	396	12	lengthy	lengthy	ADJ
ftr-371	396	13	study	study	NOUN
ftr-371	396	14	by	by	ADP
ftr-371	396	15	clausing	clause	VERB
ftr-371	396	16	and	and	CCONJ
ftr-371	396	17	avi	avi	NOUN
ftr-371	396	18	-	-	PUNCT
ftr-371	396	19	yonah,61	yonah,61	NOUN
ftr-371	396	20	who	who	PRON
ftr-371	396	21	propose	propose	VERB
ftr-371	396	22	a	a	DET
ftr-371	396	23	formula	formula	NOUN
ftr-371	396	24	based	base	VERB
ftr-371	396	25	on	on	ADP
ftr-371	396	26	sales	sale	NOUN
ftr-371	396	27	,	,	PUNCT
ftr-371	396	28	which	which	PRON
ftr-371	396	29	is	be	AUX
ftr-371	396	30	the	the	DET
ftr-371	396	31	least	least	ADJ
ftr-371	396	32	responsive	responsive	ADJ
ftr-371	396	33	of	of	ADP
ftr-371	396	34	the	the	DET
ftr-371	396	35	factors	factor	NOUN
ftr-371	396	36	.	.	PUNCT
ftr-371	397	1	charles	charles	PROPN
ftr-371	397	2	mclure	mclure	NOUN
ftr-371	397	3	discusses	discuss	VERB
ftr-371	397	4	a	a	DET
ftr-371	397	5	similar	similar	ADJ
ftr-371	397	6	proposal	proposal	NOUN
ftr-371	397	7	being	be	AUX
ftr-371	397	8	considered	consider	VERB
ftr-371	397	9	in	in	ADP
ftr-371	397	10	the	the	DET
ftr-371	397	11	european	european	ADJ
ftr-371	397	12	union.62	union.62	PROPN
ftr-371	397	13	clausing	clausing	NOUN
ftr-371	397	14	and	and	CCONJ
ftr-371	397	15	avi	avi	NOUN
ftr-371	397	16	-	-	PUNCT
ftr-371	397	17	yonah	yonah	NOUN
ftr-371	397	18	suggest	suggest	VERB
ftr-371	397	19	a	a	DET
ftr-371	397	20	significant	significant	ADJ
ftr-371	397	21	revenue	revenue	NOUN
ftr-371	397	22	gain	gain	NOUN
ftr-371	397	23	for	for	ADP
ftr-371	397	24	the	the	DET
ftr-371	397	25	u.s	u.s	PROPN
ftr-371	397	26	.	.	PROPN
ftr-371	397	27	treasury	treasury	PROPN
ftr-371	397	28	is	be	AUX
ftr-371	397	29	likely	likely	ADJ
ftr-371	397	30	in	in	ADP
ftr-371	397	31	such	such	DET
ftr-371	397	32	a	a	DET
ftr-371	397	33	system	system	NOUN
ftr-371	397	34	,	,	PUNCT
ftr-371	397	35	on	on	ADP
ftr-371	397	36	the	the	DET
ftr-371	397	37	order	order	NOUN
ftr-371	397	38	of	of	ADP
ftr-371	397	39	$	$	SYM
ftr-371	397	40	50	50	NUM
ftr-371	397	41	billion	billion	NUM
ftr-371	397	42	per	per	ADP
ftr-371	397	43	year	year	NOUN
ftr-371	397	44	,	,	PUNCT
ftr-371	397	45	in	in	ADP
ftr-371	397	46	part	part	NOUN
ftr-371	397	47	because	because	SCONJ
ftr-371	397	48	the	the	DET
ftr-371	397	49	fraction	fraction	NOUN
ftr-371	397	50	of	of	ADP
ftr-371	397	51	worldwide	worldwide	ADJ
ftr-371	397	52	income	income	NOUN
ftr-371	397	53	in	in	ADP
ftr-371	397	54	the	the	DET
ftr-371	397	55	united	united	PROPN
ftr-371	397	56	states	states	PROPN
ftr-371	397	57	is	be	AUX
ftr-371	397	58	smaller	small	ADJ
ftr-371	397	59	than	than	ADP
ftr-371	397	60	the	the	DET
ftr-371	397	61	fraction	fraction	NOUN
ftr-371	397	62	of	of	ADP
ftr-371	397	63	worldwide	worldwide	ADJ
ftr-371	397	64	sales	sale	NOUN
ftr-371	397	65	.	.	PUNCT
ftr-371	398	1	this	this	DET
ftr-371	398	2	revenue	revenue	NOUN
ftr-371	398	3	gain	gain	NOUN
ftr-371	398	4	may	may	AUX
ftr-371	398	5	be	be	AUX
ftr-371	398	6	larger	large	ADJ
ftr-371	398	7	than	than	ADP
ftr-371	398	8	the	the	DET
ftr-371	398	9	gain	gain	NOUN
ftr-371	398	10	from	from	ADP
ftr-371	398	11	repealing	repeal	VERB
ftr-371	398	12	deferral	deferral	NOUN
ftr-371	398	13	,	,	PUNCT
ftr-371	398	14	discussed	discuss	VERB
ftr-371	398	15	below	below	ADV
ftr-371	398	16	,	,	PUNCT
ftr-371	398	17	because	because	SCONJ
ftr-371	398	18	there	there	PRON
ftr-371	398	19	would	would	AUX
ftr-371	398	20	be	be	AUX
ftr-371	398	21	less	less	ADJ
ftr-371	398	22	scope	scope	NOUN
ftr-371	398	23	for	for	ADP
ftr-371	398	24	the	the	DET
ftr-371	398	25	use	use	NOUN
ftr-371	398	26	of	of	ADP
ftr-371	398	27	foreign	foreign	ADJ
ftr-371	398	28	tax	tax	NOUN
ftr-371	398	29	credits	credit	NOUN
ftr-371	398	30	to	to	PART
ftr-371	398	31	offset	offset	VERB
ftr-371	398	32	u.s	u.s	PROPN
ftr-371	398	33	.	.	PROPN
ftr-371	398	34	taxes	taxis	NOUN
ftr-371	398	35	on	on	ADP
ftr-371	398	36	foreign	foreign	ADJ
ftr-371	398	37	source	source	NOUN
ftr-371	398	38	income	income	NOUN
ftr-371	398	39	.	.	PUNCT
ftr-371	399	1	there	there	PRON
ftr-371	399	2	are	be	VERB
ftr-371	399	3	a	a	DET
ftr-371	399	4	number	number	NOUN
ftr-371	399	5	of	of	ADP
ftr-371	399	6	reservations	reservation	NOUN
ftr-371	399	7	about	about	ADP
ftr-371	399	8	formula	formula	NOUN
ftr-371	399	9	apportionment	apportionment	NOUN
ftr-371	399	10	.	.	PUNCT
ftr-371	400	1	theoretically	theoretically	ADV
ftr-371	400	2	,	,	PUNCT
ftr-371	400	3	using	use	VERB
ftr-371	400	4	a	a	DET
ftr-371	400	5	formula	formula	NOUN
ftr-371	400	6	based	base	VERB
ftr-371	400	7	on	on	ADP
ftr-371	400	8	assets	asset	NOUN
ftr-371	400	9	would	would	AUX
ftr-371	400	10	more	more	ADV
ftr-371	400	11	closely	closely	ADV
ftr-371	400	12	allocate	allocate	ADJ
ftr-371	400	13	income	income	NOUN
ftr-371	400	14	to	to	ADP
ftr-371	400	15	its	its	PRON
ftr-371	400	16	origin	origin	NOUN
ftr-371	400	17	,	,	PUNCT
ftr-371	400	18	but	but	CCONJ
ftr-371	400	19	it	it	PRON
ftr-371	400	20	is	be	AUX
ftr-371	400	21	very	very	ADV
ftr-371	400	22	difficult	difficult	ADJ
ftr-371	400	23	to	to	PART
ftr-371	400	24	value	value	VERB
ftr-371	400	25	intangible	intangible	ADJ
ftr-371	400	26	assets	asset	NOUN
ftr-371	400	27	or	or	CCONJ
ftr-371	400	28	determine	determine	VERB
ftr-371	400	29	their	their	PRON
ftr-371	400	30	location	location	NOUN
ftr-371	400	31	,	,	PUNCT
ftr-371	400	32	and	and	CCONJ
ftr-371	400	33	intangibles	intangible	NOUN
ftr-371	400	34	could	could	AUX
ftr-371	400	35	be	be	AUX
ftr-371	400	36	easily	easily	ADV
ftr-371	400	37	manipulated	manipulate	VERB
ftr-371	400	38	.	.	PUNCT
ftr-371	401	1	one	one	PRON
ftr-371	401	2	could	could	AUX
ftr-371	401	3	base	base	VERB
ftr-371	401	4	part	part	NOUN
ftr-371	401	5	of	of	ADP
ftr-371	401	6	the	the	DET
ftr-371	401	7	formula	formula	NOUN
ftr-371	401	8	on	on	ADP
ftr-371	401	9	tangible	tangible	ADJ
ftr-371	401	10	assets	asset	NOUN
ftr-371	401	11	instead	instead	ADV
ftr-371	401	12	,	,	PUNCT
ftr-371	401	13	but	but	CCONJ
ftr-371	401	14	,	,	PUNCT
ftr-371	401	15	again	again	ADV
ftr-371	401	16	,	,	PUNCT
ftr-371	401	17	for	for	ADP
ftr-371	401	18	a	a	DET
ftr-371	401	19	company	company	NOUN
ftr-371	401	20	where	where	SCONJ
ftr-371	401	21	the	the	DET
ftr-371	401	22	largest	large	ADJ
ftr-371	401	23	asset	asset	NOUN
ftr-371	401	24	is	be	AUX
ftr-371	401	25	an	an	DET
ftr-371	401	26	intangible	intangible	ADJ
ftr-371	401	27	one	one	NOUN
ftr-371	401	28	,	,	PUNCT
ftr-371	401	29	there	there	PRON
ftr-371	401	30	would	would	AUX
ftr-371	401	31	be	be	AUX
ftr-371	401	32	considerable	considerable	ADJ
ftr-371	401	33	incentive	incentive	NOUN
ftr-371	401	34	to	to	PART
ftr-371	401	35	locate	locate	VERB
ftr-371	401	36	these	these	DET
ftr-371	401	37	assets	asset	NOUN
ftr-371	401	38	(	(	PUNCT
ftr-371	401	39	as	as	ADV
ftr-371	401	40	well	well	ADV
ftr-371	401	41	as	as	ADP
ftr-371	401	42	employment	employment	NOUN
ftr-371	401	43	)	)	PUNCT
ftr-371	401	44	in	in	ADP
ftr-371	401	45	a	a	DET
ftr-371	401	46	low	low	ADJ
ftr-371	401	47	-	-	PUNCT
ftr-371	401	48	tax	tax	NOUN
ftr-371	401	49	country	country	NOUN
ftr-371	401	50	that	that	PRON
ftr-371	401	51	facilitates	facilitate	VERB
ftr-371	401	52	manufacturing	manufacturing	NOUN
ftr-371	401	53	activity	activity	NOUN
ftr-371	401	54	(	(	PUNCT
ftr-371	401	55	such	such	ADJ
ftr-371	401	56	as	as	ADP
ftr-371	401	57	ireland	ireland	PROPN
ftr-371	401	58	or	or	CCONJ
ftr-371	401	59	singapore	singapore	PROPN
ftr-371	401	60	)	)	PUNCT
ftr-371	401	61	.	.	PUNCT
ftr-371	402	1	basing	base	VERB
ftr-371	402	2	the	the	DET
ftr-371	402	3	formula	formula	NOUN
ftr-371	402	4	largely	largely	ADV
ftr-371	402	5	or	or	CCONJ
ftr-371	402	6	solely	solely	ADV
ftr-371	402	7	on	on	ADP
ftr-371	402	8	sales	sale	NOUN
ftr-371	402	9	would	would	AUX
ftr-371	402	10	reduce	reduce	VERB
ftr-371	402	11	or	or	CCONJ
ftr-371	402	12	avoid	avoid	VERB
ftr-371	402	13	these	these	DET
ftr-371	402	14	problems	problem	NOUN
ftr-371	402	15	but	but	CCONJ
ftr-371	402	16	would	would	AUX
ftr-371	402	17	convert	convert	VERB
ftr-371	402	18	the	the	DET
ftr-371	402	19	tax	tax	NOUN
ftr-371	402	20	in	in	ADP
ftr-371	402	21	part	part	NOUN
ftr-371	402	22	to	to	ADP
ftr-371	402	23	a	a	DET
ftr-371	402	24	sales	sale	NOUN
ftr-371	402	25	tax	tax	NOUN
ftr-371	402	26	.	.	PUNCT
ftr-371	403	1	using	use	VERB
ftr-371	403	2	other	other	ADJ
ftr-371	403	3	factors	factor	NOUN
ftr-371	403	4	changes	change	VERB
ftr-371	403	5	the	the	DET
ftr-371	403	6	nature	nature	NOUN
ftr-371	403	7	of	of	ADP
ftr-371	403	8	the	the	DET
ftr-371	403	9	tax	tax	NOUN
ftr-371	403	10	and	and	CCONJ
ftr-371	403	11	its	its	PRON
ftr-371	403	12	incidence	incidence	NOUN
ftr-371	403	13	.	.	PUNCT
ftr-371	404	1	adopting	adopt	VERB
ftr-371	404	2	such	such	DET
ftr-371	404	3	a	a	DET
ftr-371	404	4	formula	formula	NOUN
ftr-371	404	5	unilaterally	unilaterally	ADV
ftr-371	404	6	may	may	AUX
ftr-371	404	7	be	be	AUX
ftr-371	404	8	problematic	problematic	ADJ
ftr-371	404	9	and	and	CCONJ
ftr-371	404	10	lead	lead	VERB
ftr-371	404	11	to	to	ADP
ftr-371	404	12	double	double	ADJ
ftr-371	404	13	taxation	taxation	NOUN
ftr-371	404	14	(	(	PUNCT
ftr-371	404	15	although	although	SCONJ
ftr-371	404	16	if	if	SCONJ
ftr-371	404	17	the	the	DET
ftr-371	404	18	european	european	PROPN
ftr-371	404	19	union	union	PROPN
ftr-371	404	20	countries	country	NOUN
ftr-371	404	21	could	could	AUX
ftr-371	404	22	also	also	ADV
ftr-371	404	23	agree	agree	VERB
ftr-371	404	24	to	to	ADP
ftr-371	404	25	such	such	DET
ftr-371	404	26	a	a	DET
ftr-371	404	27	formula	formula	NOUN
ftr-371	404	28	,	,	PUNCT
ftr-371	404	29	the	the	DET
ftr-371	404	30	problems	problem	NOUN
ftr-371	404	31	would	would	AUX
ftr-371	404	32	be	be	AUX
ftr-371	404	33	much	much	ADV
ftr-371	404	34	lessened	lessen	VERB
ftr-371	404	35	)	)	PUNCT
ftr-371	404	36	.	.	PUNCT
ftr-371	405	1	yet	yet	ADV
ftr-371	405	2	,	,	PUNCT
ftr-371	405	3	given	give	VERB
ftr-371	405	4	the	the	DET
ftr-371	405	5	powerful	powerful	ADJ
ftr-371	405	6	evidence	evidence	NOUN
ftr-371	405	7	on	on	ADP
ftr-371	405	8	profit	profit	NOUN
ftr-371	405	9	shifting	shifting	NOUN
ftr-371	405	10	,	,	PUNCT
ftr-371	405	11	such	such	ADJ
ftr-371	405	12	costs	cost	NOUN
ftr-371	405	13	may	may	AUX
ftr-371	405	14	be	be	AUX
ftr-371	405	15	worth	worth	ADJ
ftr-371	405	16	the	the	DET
ftr-371	405	17	benefits	benefit	NOUN
ftr-371	405	18	.	.	PUNCT
ftr-371	406	1	sourcing	source	VERB
ftr-371	406	2	royalty	royalty	NOUN
ftr-371	406	3	income	income	NOUN
ftr-371	406	4	to	to	ADP
ftr-371	406	5	the	the	DET
ftr-371	406	6	country	country	NOUN
ftr-371	406	7	of	of	ADP
ftr-371	406	8	development	development	PROPN
ftr-371	406	9	b	b	PROPN
ftr-371	406	10	under	under	ADP
ftr-371	406	11	current	current	ADJ
ftr-371	406	12	law	law	NOUN
ftr-371	406	13	,	,	PUNCT
ftr-371	406	14	when	when	SCONJ
ftr-371	406	15	foreign	foreign	ADJ
ftr-371	406	16	subsidiaries	subsidiary	NOUN
ftr-371	406	17	pay	pay	VERB
ftr-371	406	18	royalties	royalty	NOUN
ftr-371	406	19	to	to	ADP
ftr-371	406	20	the	the	DET
ftr-371	406	21	u.s	u.s	PROPN
ftr-371	406	22	.	.	PROPN
ftr-371	406	23	,	,	PUNCT
ftr-371	406	24	they	they	PRON
ftr-371	406	25	are	be	AUX
ftr-371	406	26	considered	consider	VERB
ftr-371	406	27	foreign	foreign	ADJ
ftr-371	406	28	source	source	NOUN
ftr-371	406	29	income	income	NOUN
ftr-371	406	30	and	and	CCONJ
ftr-371	406	31	eligible	eligible	ADJ
ftr-371	406	32	for	for	ADP
ftr-371	406	33	foreign	foreign	ADJ
ftr-371	406	34	tax	tax	NOUN
ftr-371	406	35	credits	credit	NOUN
ftr-371	406	36	,	,	PUNCT
ftr-371	406	37	which	which	PRON
ftr-371	406	38	,	,	PUNCT
ftr-371	406	39	under	under	ADP
ftr-371	406	40	overall	overall	ADJ
ftr-371	406	41	credit	credit	NOUN
ftr-371	406	42	limits	limit	NOUN
ftr-371	406	43	,	,	PUNCT
ftr-371	406	44	are	be	AUX
ftr-371	406	45	often	often	ADV
ftr-371	406	46	available	available	ADJ
ftr-371	406	47	.	.	PUNCT
ftr-371	407	1	harry	harry	PROPN
ftr-371	407	2	grubert	grubert	PROPN
ftr-371	407	3	has	have	AUX
ftr-371	407	4	suggested	suggest	VERB
ftr-371	407	5	that	that	SCONJ
ftr-371	407	6	such	such	ADJ
ftr-371	407	7	income	income	NOUN
ftr-371	407	8	61	61	NUM
ftr-371	407	9	.	.	PUNCT
ftr-371	408	1	kimberly	kimberly	PROPN
ftr-371	408	2	a.	a.	PROPN
ftr-371	408	3	clausing	clausing	PROPN
ftr-371	408	4	and	and	CCONJ
ftr-371	408	5	reuven	reuven	VERB
ftr-371	408	6	s.	s.	PROPN
ftr-371	408	7	avi	avi	PROPN
ftr-371	408	8	-	-	PUNCT
ftr-371	408	9	yonah	yonah	ADJ
ftr-371	408	10	,	,	PUNCT
ftr-371	408	11	reforming	reform	VERB
ftr-371	408	12	corporate	corporate	ADJ
ftr-371	408	13	taxation	taxation	NOUN
ftr-371	408	14	in	in	ADP
ftr-371	408	15	a	a	DET
ftr-371	408	16	global	global	ADJ
ftr-371	408	17	economy	economy	NOUN
ftr-371	408	18	:	:	PUNCT
ftr-371	408	19	a	a	DET
ftr-371	408	20	proposal	proposal	NOUN
ftr-371	408	21	to	to	PART
ftr-371	408	22	adopt	adopt	VERB
ftr-371	408	23	formulary	formulary	ADJ
ftr-371	408	24	apportionment	apportionment	NOUN
ftr-371	408	25	,	,	PUNCT
ftr-371	408	26	brookings	brookings	PROPN
ftr-371	408	27	institution	institution	NOUN
ftr-371	408	28	:	:	PUNCT
ftr-371	408	29	the	the	DET
ftr-371	408	30	hamilton	hamilton	PROPN
ftr-371	408	31	project	project	PROPN
ftr-371	408	32	,	,	PUNCT
ftr-371	408	33	discussion	discussion	NOUN
ftr-371	408	34	paper	paper	NOUN
ftr-371	408	35	2007	2007	NUM
ftr-371	408	36	-	-	SYM
ftr-371	408	37	2008	2008	NUM
ftr-371	408	38	,	,	PUNCT
ftr-371	408	39	jun	jun	PROPN
ftr-371	408	40	.	.	PROPN
ftr-371	408	41	2007	2007	NUM
ftr-371	408	42	.	.	PUNCT
ftr-371	409	1	62	62	NUM
ftr-371	409	2	.	.	PUNCT
ftr-371	410	1	charles	charles	PROPN
ftr-371	410	2	e.	e.	PROPN
ftr-371	410	3	mclure	mclure	PROPN
ftr-371	410	4	,	,	PUNCT
ftr-371	410	5	“	"	PUNCT
ftr-371	410	6	harmonizing	harmonize	VERB
ftr-371	410	7	corporate	corporate	ADJ
ftr-371	410	8	income	income	NOUN
ftr-371	410	9	taxes	taxis	NOUN
ftr-371	410	10	in	in	ADP
ftr-371	410	11	the	the	DET
ftr-371	410	12	european	european	PROPN
ftr-371	410	13	community	community	NOUN
ftr-371	410	14	:	:	PUNCT
ftr-371	410	15	rationale	rationale	NOUN
ftr-371	410	16	and	and	CCONJ
ftr-371	410	17	implications	implication	NOUN
ftr-371	410	18	,	,	PUNCT
ftr-371	410	19	”	"	PUNCT
ftr-371	410	20	in	in	ADP
ftr-371	410	21	tax	tax	NOUN
ftr-371	410	22	policy	policy	NOUN
ftr-371	410	23	and	and	CCONJ
ftr-371	410	24	the	the	DET
ftr-371	410	25	economy	economy	NOUN
ftr-371	410	26	,	,	PUNCT
ftr-371	410	27	ed	ed	NOUN
ftr-371	410	28	.	.	PUNCT
ftr-371	411	1	james	james	PROPN
ftr-371	411	2	m.	m.	PROPN
ftr-371	411	3	poterba	poterba	PROPN
ftr-371	411	4	,	,	PUNCT
ftr-371	411	5	forthcoming	forthcoming	ADJ
ftr-371	411	6	2008	2008	NUM
ftr-371	411	7	.	.	PUNCT
ftr-371	412	1	490	490	NUM
ftr-371	412	2	florida	florida	PROPN
ftr-371	412	3	tax	tax	PROPN
ftr-371	412	4	review	review	NOUN
ftr-371	412	5	[	[	X
ftr-371	412	6	vol	vol	NOUN
ftr-371	412	7	.	.	NOUN
ftr-371	412	8	9:5	9:5	NUM
ftr-371	412	9	be	be	AUX
ftr-371	412	10	considered	consider	VERB
ftr-371	412	11	domestic	domestic	ADJ
ftr-371	412	12	source	source	NOUN
ftr-371	412	13	and	and	CCONJ
ftr-371	412	14	not	not	PART
ftr-371	412	15	eligible	eligible	ADJ
ftr-371	412	16	for	for	ADP
ftr-371	412	17	the	the	DET
ftr-371	412	18	foreign	foreign	ADJ
ftr-371	412	19	tax	tax	NOUN
ftr-371	412	20	credit.63	credit.63	NOUN
ftr-371	412	21	or	or	CCONJ
ftr-371	412	22	as	as	ADP
ftr-371	412	23	an	an	DET
ftr-371	412	24	alternative	alternative	NOUN
ftr-371	412	25	,	,	PUNCT
ftr-371	412	26	he	he	PRON
ftr-371	412	27	suggests	suggest	VERB
ftr-371	412	28	a	a	DET
ftr-371	412	29	separate	separate	ADJ
ftr-371	412	30	foreign	foreign	ADJ
ftr-371	412	31	tax	tax	NOUN
ftr-371	412	32	credit	credit	NOUN
ftr-371	412	33	basket	basket	NOUN
ftr-371	412	34	be	be	AUX
ftr-371	412	35	allowed	allow	VERB
ftr-371	412	36	,	,	PUNCT
ftr-371	412	37	which	which	PRON
ftr-371	412	38	would	would	AUX
ftr-371	412	39	reduce	reduce	VERB
ftr-371	412	40	cross	cross	NOUN
ftr-371	412	41	crediting	crediting	NOUN
ftr-371	412	42	.	.	PUNCT
ftr-371	413	1	his	his	PRON
ftr-371	413	2	motivations	motivation	NOUN
ftr-371	413	3	are	be	AUX
ftr-371	413	4	less	less	ADJ
ftr-371	413	5	for	for	ADP
ftr-371	413	6	dealing	deal	VERB
ftr-371	413	7	with	with	ADP
ftr-371	413	8	tax	tax	NOUN
ftr-371	413	9	avoidance	avoidance	NOUN
ftr-371	413	10	issues	issue	NOUN
ftr-371	413	11	and	and	CCONJ
ftr-371	413	12	directed	direct	VERB
ftr-371	413	13	toward	toward	ADP
ftr-371	413	14	neutrality	neutrality	NOUN
ftr-371	413	15	in	in	ADP
ftr-371	413	16	the	the	DET
ftr-371	413	17	locational	locational	ADJ
ftr-371	413	18	choice	choice	NOUN
ftr-371	413	19	of	of	ADP
ftr-371	413	20	where	where	SCONJ
ftr-371	413	21	to	to	PART
ftr-371	413	22	exploit	exploit	VERB
ftr-371	413	23	an	an	DET
ftr-371	413	24	intangible	intangible	NOUN
ftr-371	413	25	.	.	PUNCT
ftr-371	414	1	extending	extend	VERB
ftr-371	414	2	subpart	subpart	NOUN
ftr-371	414	3	f	f	NOUN
ftr-371	414	4	to	to	PART
ftr-371	414	5	tax	tax	NOUN
ftr-371	414	6	haven	haven	NOUN
ftr-371	414	7	countries	country	NOUN
ftr-371	414	8	:	:	PUNCT
ftr-371	414	9	treating	treat	VERB
ftr-371	414	10	tax	tax	NOUN
ftr-371	414	11	haven	haven	NOUN
ftr-371	414	12	firms	firm	NOUN
ftr-371	414	13	as	as	ADP
ftr-371	414	14	u.s	u.s	PROPN
ftr-371	414	15	.	.	PROPN
ftr-371	414	16	firms	firm	NOUN
ftr-371	414	17	b	b	PROPN
ftr-371	414	18	the	the	DET
ftr-371	414	19	clinton	clinton	PROPN
ftr-371	414	20	administration	administration	NOUN
ftr-371	414	21	proposed	propose	VERB
ftr-371	414	22	to	to	PART
ftr-371	414	23	apply	apply	VERB
ftr-371	414	24	current	current	ADJ
ftr-371	414	25	taxation	taxation	NOUN
ftr-371	414	26	to	to	PART
ftr-371	414	27	tax	tax	NOUN
ftr-371	414	28	haven	haven	NOUN
ftr-371	414	29	countries	country	NOUN
ftr-371	414	30	,	,	PUNCT
ftr-371	414	31	and	and	CCONJ
ftr-371	414	32	it	it	PRON
ftr-371	414	33	spelled	spell	VERB
ftr-371	414	34	out	out	ADP
ftr-371	414	35	this	this	DET
ftr-371	414	36	approach	approach	NOUN
ftr-371	414	37	as	as	ADP
ftr-371	414	38	one	one	NUM
ftr-371	414	39	of	of	ADP
ftr-371	414	40	its	its	PRON
ftr-371	414	41	three	three	NUM
ftr-371	414	42	options	option	NOUN
ftr-371	414	43	in	in	ADP
ftr-371	414	44	its	its	PRON
ftr-371	414	45	2000	2000	NUM
ftr-371	414	46	study	study	NOUN
ftr-371	414	47	of	of	ADP
ftr-371	414	48	subpart	subpart	NOUN
ftr-371	414	49	f.64	f.64	PUNCT
ftr-371	414	50	it	it	PRON
ftr-371	414	51	is	be	AUX
ftr-371	414	52	obvious	obvious	ADJ
ftr-371	414	53	that	that	SCONJ
ftr-371	414	54	little	little	ADJ
ftr-371	414	55	or	or	CCONJ
ftr-371	414	56	no	no	PRON
ftr-371	414	57	real	real	ADJ
ftr-371	414	58	activity	activity	NOUN
ftr-371	414	59	is	be	AUX
ftr-371	414	60	taking	take	VERB
ftr-371	414	61	place	place	NOUN
ftr-371	414	62	in	in	ADP
ftr-371	414	63	tax	tax	NOUN
ftr-371	414	64	haven	haven	NOUN
ftr-371	414	65	countries	country	NOUN
ftr-371	414	66	,	,	PUNCT
ftr-371	414	67	and	and	CCONJ
ftr-371	414	68	that	that	SCONJ
ftr-371	414	69	,	,	PUNCT
ftr-371	414	70	rather	rather	ADV
ftr-371	414	71	,	,	PUNCT
ftr-371	414	72	the	the	DET
ftr-371	414	73	allocation	allocation	NOUN
ftr-371	414	74	of	of	ADP
ftr-371	414	75	income	income	NOUN
ftr-371	414	76	is	be	AUX
ftr-371	414	77	simply	simply	ADV
ftr-371	414	78	a	a	DET
ftr-371	414	79	blatant	blatant	ADJ
ftr-371	414	80	tax	tax	NOUN
ftr-371	414	81	avoidance	avoidance	NOUN
ftr-371	414	82	mechanism	mechanism	NOUN
ftr-371	414	83	.	.	PUNCT
ftr-371	415	1	this	this	DET
ftr-371	415	2	treatment	treatment	NOUN
ftr-371	415	3	could	could	AUX
ftr-371	415	4	also	also	ADV
ftr-371	415	5	be	be	AUX
ftr-371	415	6	extended	extend	VERB
ftr-371	415	7	to	to	ADP
ftr-371	415	8	branch	branch	NOUN
ftr-371	415	9	income	income	NOUN
ftr-371	415	10	of	of	ADP
ftr-371	415	11	tax	tax	NOUN
ftr-371	415	12	havens	haven	NOUN
ftr-371	415	13	under	under	ADP
ftr-371	415	14	check	check	NOUN
ftr-371	415	15	-	-	PUNCT
ftr-371	415	16	the	the	DET
ftr-371	415	17	-	-	PUNCT
ftr-371	415	18	box	box	NOUN
ftr-371	415	19	rules	rule	NOUN
ftr-371	415	20	or	or	CCONJ
ftr-371	415	21	applied	apply	VERB
ftr-371	415	22	simultaneously	simultaneously	ADV
ftr-371	415	23	with	with	ADP
ftr-371	415	24	eliminating	eliminate	VERB
ftr-371	415	25	check	check	NOUN
ftr-371	415	26	-	-	PUNCT
ftr-371	415	27	the	the	DET
ftr-371	415	28	-	-	PUNCT
ftr-371	415	29	box	box	NOUN
ftr-371	415	30	.	.	PUNCT
ftr-371	416	1	a	a	DET
ftr-371	416	2	tax	tax	NOUN
ftr-371	416	3	haven	haven	NOUN
ftr-371	416	4	could	could	AUX
ftr-371	416	5	be	be	AUX
ftr-371	416	6	defined	define	VERB
ftr-371	416	7	with	with	ADP
ftr-371	416	8	reference	reference	NOUN
ftr-371	416	9	to	to	ADP
ftr-371	416	10	the	the	DET
ftr-371	416	11	tax	tax	NOUN
ftr-371	416	12	rate	rate	NOUN
ftr-371	416	13	(	(	PUNCT
ftr-371	416	14	as	as	SCONJ
ftr-371	416	15	proposed	propose	VERB
ftr-371	416	16	by	by	ADP
ftr-371	416	17	treasury	treasury	PROPN
ftr-371	416	18	)	)	PUNCT
ftr-371	416	19	and	and	CCONJ
ftr-371	416	20	perhaps	perhaps	ADV
ftr-371	416	21	other	other	ADJ
ftr-371	416	22	factors	factor	NOUN
ftr-371	416	23	(	(	PUNCT
ftr-371	416	24	such	such	ADJ
ftr-371	416	25	as	as	ADP
ftr-371	416	26	bank	bank	NOUN
ftr-371	416	27	secrecy	secrecy	NOUN
ftr-371	416	28	and	and	CCONJ
ftr-371	416	29	lack	lack	NOUN
ftr-371	416	30	of	of	ADP
ftr-371	416	31	information	information	NOUN
ftr-371	416	32	sharing	sharing	NOUN
ftr-371	416	33	.	.	PUNCT
ftr-371	416	34	)	)	PUNCT
ftr-371	417	1	this	this	DET
ftr-371	417	2	tax	tax	NOUN
ftr-371	417	3	haven	haven	NOUN
ftr-371	417	4	income	income	NOUN
ftr-371	417	5	could	could	AUX
ftr-371	417	6	also	also	ADV
ftr-371	417	7	be	be	AUX
ftr-371	417	8	segregated	segregate	VERB
ftr-371	417	9	(	(	PUNCT
ftr-371	417	10	either	either	CCONJ
ftr-371	417	11	by	by	ADP
ftr-371	417	12	country	country	NOUN
ftr-371	417	13	,	,	PUNCT
ftr-371	417	14	or	or	CCONJ
ftr-371	417	15	as	as	ADP
ftr-371	417	16	a	a	DET
ftr-371	417	17	group	group	NOUN
ftr-371	417	18	)	)	PUNCT
ftr-371	417	19	into	into	ADP
ftr-371	417	20	a	a	DET
ftr-371	417	21	separate	separate	ADJ
ftr-371	417	22	foreign	foreign	ADJ
ftr-371	417	23	tax	tax	NOUN
ftr-371	417	24	credit	credit	NOUN
ftr-371	417	25	basket	basket	NOUN
ftr-371	417	26	so	so	SCONJ
ftr-371	417	27	it	it	PRON
ftr-371	417	28	could	could	AUX
ftr-371	417	29	not	not	PART
ftr-371	417	30	be	be	AUX
ftr-371	417	31	shielded	shield	VERB
ftr-371	417	32	from	from	ADP
ftr-371	417	33	tax	tax	NOUN
ftr-371	417	34	by	by	ADP
ftr-371	417	35	excess	excess	ADJ
ftr-371	417	36	foreign	foreign	ADJ
ftr-371	417	37	tax	tax	NOUN
ftr-371	417	38	credits	credit	NOUN
ftr-371	417	39	,	,	PUNCT
ftr-371	417	40	or	or	CCONJ
ftr-371	417	41	denied	deny	VERB
ftr-371	417	42	any	any	DET
ftr-371	417	43	foreign	foreign	ADJ
ftr-371	417	44	tax	tax	NOUN
ftr-371	417	45	credit	credit	NOUN
ftr-371	417	46	.	.	PUNCT
ftr-371	418	1	such	such	DET
ftr-371	418	2	an	an	DET
ftr-371	418	3	approach	approach	NOUN
ftr-371	418	4	has	have	AUX
ftr-371	418	5	also	also	ADV
ftr-371	418	6	been	be	AUX
ftr-371	418	7	proposed	propose	VERB
ftr-371	418	8	by	by	ADP
ftr-371	418	9	senator	senator	PROPN
ftr-371	418	10	levin	levin	PROPN
ftr-371	418	11	.	.	PUNCT
ftr-371	419	1	a	a	DET
ftr-371	419	2	related	related	ADJ
ftr-371	419	3	approach	approach	NOUN
ftr-371	419	4	,	,	PUNCT
ftr-371	419	5	proposed	propose	VERB
ftr-371	419	6	by	by	ADP
ftr-371	419	7	senators	senator	NOUN
ftr-371	419	8	dorgan	dorgan	PROPN
ftr-371	419	9	and	and	CCONJ
ftr-371	419	10	levin	levin	PROPN
ftr-371	419	11	(	(	PUNCT
ftr-371	419	12	s.	s.	PROPN
ftr-371	419	13	396	396	NUM
ftr-371	419	14	,	,	PUNCT
ftr-371	419	15	100th	100th	ADJ
ftr-371	419	16	congress	congress	PROPN
ftr-371	419	17	)	)	PUNCT
ftr-371	419	18	would	would	AUX
ftr-371	419	19	treat	treat	VERB
ftr-371	419	20	any	any	DET
ftr-371	419	21	firm	firm	NOUN
ftr-371	419	22	not	not	PART
ftr-371	419	23	engaged	engage	VERB
ftr-371	419	24	in	in	ADP
ftr-371	419	25	an	an	DET
ftr-371	419	26	active	active	ADJ
ftr-371	419	27	business	business	NOUN
ftr-371	419	28	in	in	ADP
ftr-371	419	29	any	any	DET
ftr-371	419	30	tax	tax	NOUN
ftr-371	419	31	haven	haven	NOUN
ftr-371	419	32	as	as	ADP
ftr-371	419	33	a	a	DET
ftr-371	419	34	u.s	u.s	PROPN
ftr-371	419	35	.	.	PROPN
ftr-371	419	36	firm	firm	NOUN
ftr-371	419	37	,	,	PUNCT
ftr-371	419	38	similarly	similarly	ADV
ftr-371	419	39	making	make	VERB
ftr-371	419	40	them	they	PRON
ftr-371	419	41	ineligible	ineligible	ADJ
ftr-371	419	42	for	for	ADP
ftr-371	419	43	deferral	deferral	ADJ
ftr-371	419	44	or	or	CCONJ
ftr-371	419	45	foreign	foreign	ADJ
ftr-371	419	46	tax	tax	NOUN
ftr-371	419	47	credits	credit	NOUN
ftr-371	419	48	.	.	PUNCT
ftr-371	420	1	disallowing	disallow	VERB
ftr-371	420	2	interest	interest	NOUN
ftr-371	420	3	and	and	CCONJ
ftr-371	420	4	other	other	ADJ
ftr-371	420	5	overhead	overhead	ADJ
ftr-371	420	6	expense	expense	NOUN
ftr-371	420	7	deductions	deduction	NOUN
ftr-371	420	8	for	for	ADP
ftr-371	420	9	deferred	deferred	ADJ
ftr-371	420	10	income	income	NOUN
ftr-371	420	11	b	b	PROPN
ftr-371	420	12	a	a	DET
ftr-371	420	13	2007	2007	NUM
ftr-371	420	14	tax	tax	NOUN
ftr-371	420	15	reform	reform	NOUN
ftr-371	420	16	proposal	proposal	NOUN
ftr-371	420	17	by	by	ADP
ftr-371	420	18	chairman	chairman	NOUN
ftr-371	420	19	rangel	rangel	NOUN
ftr-371	420	20	of	of	ADP
ftr-371	420	21	the	the	DET
ftr-371	420	22	ways	way	NOUN
ftr-371	420	23	and	and	CCONJ
ftr-371	420	24	means	mean	VERB
ftr-371	420	25	committee	committee	NOUN
ftr-371	420	26	(	(	PUNCT
ftr-371	420	27	h.r.3970	h.r.3970	PROPN
ftr-371	420	28	)	)	PUNCT
ftr-371	420	29	proposed	propose	VERB
ftr-371	420	30	to	to	PART
ftr-371	420	31	disallow	disallow	VERB
ftr-371	420	32	the	the	DET
ftr-371	420	33	deduction	deduction	NOUN
ftr-371	420	34	of	of	ADP
ftr-371	420	35	parent	parent	NOUN
ftr-371	420	36	company	company	NOUN
ftr-371	420	37	costs	cost	NOUN
ftr-371	420	38	(	(	PUNCT
ftr-371	420	39	the	the	DET
ftr-371	420	40	most	most	ADV
ftr-371	420	41	important	important	ADJ
ftr-371	420	42	of	of	ADP
ftr-371	420	43	which	which	PRON
ftr-371	420	44	is	be	AUX
ftr-371	420	45	interest	interest	NOUN
ftr-371	420	46	)	)	PUNCT
ftr-371	420	47	to	to	ADP
ftr-371	420	48	the	the	DET
ftr-371	420	49	extent	extent	NOUN
ftr-371	420	50	that	that	SCONJ
ftr-371	420	51	profits	profit	NOUN
ftr-371	420	52	of	of	ADP
ftr-371	420	53	foreign	foreign	ADJ
ftr-371	420	54	subsidiaries	subsidiary	NOUN
ftr-371	420	55	are	be	AUX
ftr-371	420	56	repatriated.65	repatriated.65	ADJ
ftr-371	420	57	this	this	DET
ftr-371	420	58	proposal	proposal	NOUN
ftr-371	420	59	would	would	AUX
ftr-371	420	60	also	also	ADV
ftr-371	420	61	allocate	allocate	VERB
ftr-371	420	62	foreign	foreign	ADJ
ftr-371	420	63	tax	tax	NOUN
ftr-371	420	64	credits	credit	NOUN
ftr-371	420	65	based	base	VERB
ftr-371	420	66	on	on	ADP
ftr-371	420	67	the	the	DET
ftr-371	420	68	share	share	NOUN
ftr-371	420	69	of	of	ADP
ftr-371	420	70	total	total	ADJ
ftr-371	420	71	deferred	deferred	ADJ
ftr-371	420	72	income	income	NOUN
ftr-371	420	73	repatriated	repatriate	VERB
ftr-371	420	74	.	.	PUNCT
ftr-371	421	1	the	the	DET
ftr-371	421	2	proposal	proposal	NOUN
ftr-371	421	3	was	be	AUX
ftr-371	421	4	estimated	estimate	VERB
ftr-371	421	5	by	by	ADP
ftr-371	421	6	the	the	DET
ftr-371	421	7	joint	joint	ADJ
ftr-371	421	8	committee	committee	NOUN
ftr-371	421	9	on	on	ADP
ftr-371	421	10	taxation	taxation	NOUN
ftr-371	421	11	to	to	PART
ftr-371	421	12	raise	raise	VERB
ftr-371	421	13	$	$	SYM
ftr-371	421	14	106	106	NUM
ftr-371	421	15	billion	billion	NUM
ftr-371	421	16	over	over	ADP
ftr-371	421	17	ten	ten	NUM
ftr-371	421	18	years	year	NOUN
ftr-371	421	19	.	.	PUNCT
ftr-371	422	1	the	the	DET
ftr-371	422	2	revenue	revenue	NOUN
ftr-371	422	3	raised	raise	VERB
ftr-371	422	4	by	by	ADP
ftr-371	422	5	this	this	DET
ftr-371	422	6	proposal	proposal	NOUN
ftr-371	422	7	suggests	suggest	VERB
ftr-371	422	8	that	that	SCONJ
ftr-371	422	9	deferred	deferred	ADJ
ftr-371	422	10	income	income	NOUN
ftr-371	422	11	may	may	AUX
ftr-371	422	12	have	have	AUX
ftr-371	422	13	been	be	AUX
ftr-371	422	14	effectively	effectively	ADV
ftr-371	422	15	subsidized	subsidize	VERB
ftr-371	422	16	to	to	ADP
ftr-371	422	17	the	the	DET
ftr-371	422	18	extent	extent	NOUN
ftr-371	422	19	that	that	SCONJ
ftr-371	422	20	borrowing	borrowing	NOUN
ftr-371	422	21	in	in	ADP
ftr-371	422	22	the	the	DET
ftr-371	422	23	u.s	u.s	PROPN
ftr-371	422	24	.	.	PROPN
ftr-371	422	25	and	and	CCONJ
ftr-371	422	26	the	the	DET
ftr-371	422	27	attendent	attendent	NOUN
ftr-371	422	28	interest	interest	NOUN
ftr-371	422	29	deductions	deduction	NOUN
ftr-371	422	30	allowed	allow	VERB
ftr-371	422	31	deductions	deduction	NOUN
ftr-371	422	32	of	of	ADP
ftr-371	422	33	effective	effective	ADJ
ftr-371	422	34	costs	cost	NOUN
ftr-371	422	35	without	without	ADP
ftr-371	422	36	inclusion	inclusion	NOUN
ftr-371	422	37	of	of	ADP
ftr-371	422	38	income	income	NOUN
ftr-371	422	39	.	.	PUNCT
ftr-371	423	1	the	the	DET
ftr-371	423	2	restriction	restriction	NOUN
ftr-371	423	3	also	also	ADV
ftr-371	423	4	reduces	reduce	VERB
ftr-371	423	5	the	the	DET
ftr-371	423	6	disincentive	disincentive	ADJ
ftr-371	423	7	to	to	PART
ftr-371	423	8	repatriate	repatriate	VERB
ftr-371	423	9	income	income	NOUN
ftr-371	423	10	.	.	PUNCT
ftr-371	424	1	63	63	NUM
ftr-371	424	2	.	.	PUNCT
ftr-371	425	1	harry	harry	PROPN
ftr-371	425	2	grubert	grubert	PROPN
ftr-371	425	3	,	,	PUNCT
ftr-371	425	4	tax	tax	NOUN
ftr-371	425	5	credits	credit	NOUN
ftr-371	425	6	,	,	PUNCT
ftr-371	425	7	source	source	NOUN
ftr-371	425	8	rules	rule	NOUN
ftr-371	425	9	,	,	PUNCT
ftr-371	425	10	trade	trade	NOUN
ftr-371	425	11	and	and	CCONJ
ftr-371	425	12	electronic	electronic	ADJ
ftr-371	425	13	commerce	commerce	NOUN
ftr-371	425	14	:	:	PUNCT
ftr-371	425	15	behavioral	behavioral	ADJ
ftr-371	425	16	margins	margin	NOUN
ftr-371	425	17	and	and	CCONJ
ftr-371	425	18	the	the	DET
ftr-371	425	19	design	design	NOUN
ftr-371	425	20	of	of	ADP
ftr-371	425	21	international	international	ADJ
ftr-371	425	22	tax	tax	NOUN
ftr-371	425	23	systems	system	NOUN
ftr-371	425	24	,	,	PUNCT
ftr-371	425	25	cesif0	cesif0	NOUN
ftr-371	425	26	working	work	VERB
ftr-371	425	27	paper	paper	NOUN
ftr-371	425	28	1366	1366	NUM
ftr-371	425	29	,	,	PUNCT
ftr-371	425	30	dec	dec	PROPN
ftr-371	425	31	.	.	PROPN
ftr-371	425	32	2004	2004	NUM
ftr-371	425	33	.	.	PUNCT
ftr-371	426	1	64	64	NUM
ftr-371	426	2	.	.	PUNCT
ftr-371	427	1	u.s	u.s	PROPN
ftr-371	427	2	.	.	PROPN
ftr-371	427	3	treasury	treasury	PROPN
ftr-371	427	4	department	department	PROPN
ftr-371	427	5	,	,	PUNCT
ftr-371	427	6	office	office	NOUN
ftr-371	427	7	of	of	ADP
ftr-371	427	8	tax	tax	NOUN
ftr-371	427	9	policy	policy	NOUN
ftr-371	427	10	,	,	PUNCT
ftr-371	427	11	the	the	DET
ftr-371	427	12	deferral	deferral	NOUN
ftr-371	427	13	of	of	ADP
ftr-371	427	14	income	income	NOUN
ftr-371	427	15	earned	earn	VERB
ftr-371	427	16	through	through	ADP
ftr-371	427	17	u.s	u.s	PROPN
ftr-371	427	18	.	.	PROPN
ftr-371	427	19	controlled	control	VERB
ftr-371	427	20	foreign	foreign	ADJ
ftr-371	427	21	corporations	corporation	NOUN
ftr-371	427	22	,	,	PUNCT
ftr-371	427	23	dec	dec	PROPN
ftr-371	427	24	.	.	PROPN
ftr-371	427	25	2000	2000	NUM
ftr-371	427	26	.	.	PUNCT
ftr-371	428	1	65	65	NUM
ftr-371	428	2	.	.	PUNCT
ftr-371	429	1	this	this	DET
ftr-371	429	2	proposal	proposal	NOUN
ftr-371	429	3	is	be	AUX
ftr-371	429	4	discussed	discuss	VERB
ftr-371	429	5	in	in	ADP
ftr-371	429	6	jane	jane	PROPN
ftr-371	429	7	g.	g.	PROPN
ftr-371	429	8	gravelle	gravelle	PROPN
ftr-371	429	9	,	,	PUNCT
ftr-371	429	10	the	the	DET
ftr-371	429	11	tax	tax	NOUN
ftr-371	429	12	reduction	reduction	NOUN
ftr-371	429	13	and	and	CCONJ
ftr-371	429	14	reform	reform	NOUN
ftr-371	429	15	act	act	NOUN
ftr-371	429	16	of	of	ADP
ftr-371	429	17	2007	2007	NUM
ftr-371	429	18	:	:	PUNCT
ftr-371	429	19	an	an	DET
ftr-371	429	20	overview	overview	NOUN
ftr-371	429	21	,	,	PUNCT
ftr-371	429	22	congressional	congressional	ADJ
ftr-371	429	23	research	research	NOUN
ftr-371	429	24	service	service	NOUN
ftr-371	429	25	report	report	NOUN
ftr-371	429	26	rl34249	rl34249	PROPN
ftr-371	429	27	,	,	PUNCT
ftr-371	429	28	washington	washington	PROPN
ftr-371	429	29	,	,	PUNCT
ftr-371	429	30	d.c	d.c	PROPN
ftr-371	429	31	.	.	PROPN
ftr-371	429	32	,	,	PUNCT
ftr-371	429	33	library	library	NOUN
ftr-371	429	34	of	of	ADP
ftr-371	429	35	congress	congress	PROPN
ftr-371	429	36	,	,	PUNCT
ftr-371	429	37	2007	2007	NUM
ftr-371	429	38	.	.	PUNCT
ftr-371	430	1	2009	2009	NUM
ftr-371	430	2	]	]	PUNCT
ftr-371	430	3	international	international	ADJ
ftr-371	430	4	corporate	corporate	ADJ
ftr-371	430	5	tax	tax	NOUN
ftr-371	430	6	reform	reform	NOUN
ftr-371	430	7	491	491	NUM
ftr-371	430	8	b.	b.	NOUN
ftr-371	430	9	moving	move	VERB
ftr-371	430	10	to	to	ADP
ftr-371	430	11	a	a	DET
ftr-371	430	12	territorial	territorial	ADJ
ftr-371	430	13	tax	tax	NOUN
ftr-371	430	14	several	several	ADJ
ftr-371	430	15	researchers	researcher	NOUN
ftr-371	430	16	have	have	AUX
ftr-371	430	17	proposed	propose	VERB
ftr-371	430	18	a	a	DET
ftr-371	430	19	territorial	territorial	ADJ
ftr-371	430	20	tax	tax	NOUN
ftr-371	430	21	system	system	NOUN
ftr-371	430	22	with	with	ADP
ftr-371	430	23	cost	cost	NOUN
ftr-371	430	24	allocation	allocation	NOUN
ftr-371	430	25	rules	rule	NOUN
ftr-371	430	26	and	and	CCONJ
ftr-371	430	27	current	current	ADJ
ftr-371	430	28	taxation	taxation	NOUN
ftr-371	430	29	of	of	ADP
ftr-371	430	30	passive	passive	ADJ
ftr-371	430	31	income.66	income.66	NOUN
ftr-371	430	32	this	this	DET
ftr-371	430	33	proposal	proposal	NOUN
ftr-371	430	34	was	be	AUX
ftr-371	430	35	also	also	ADV
ftr-371	430	36	advanced	advance	VERB
ftr-371	430	37	by	by	ADP
ftr-371	430	38	the	the	DET
ftr-371	430	39	president	president	NOUN
ftr-371	430	40	=	=	PROPN
ftr-371	430	41	s	s	PART
ftr-371	430	42	advisory	advisory	ADJ
ftr-371	430	43	panel	panel	NOUN
ftr-371	430	44	on	on	ADP
ftr-371	430	45	tax	tax	NOUN
ftr-371	430	46	reform	reform	NOUN
ftr-371	430	47	and	and	CCONJ
ftr-371	430	48	the	the	DET
ftr-371	430	49	joint	joint	ADJ
ftr-371	430	50	committee	committee	NOUN
ftr-371	430	51	on	on	ADP
ftr-371	430	52	taxation	taxation	NOUN
ftr-371	430	53	in	in	ADP
ftr-371	430	54	2005	2005	NUM
ftr-371	430	55	;	;	PUNCT
ftr-371	430	56	the	the	DET
ftr-371	430	57	joint	joint	ADJ
ftr-371	430	58	committee	committee	NOUN
ftr-371	430	59	on	on	ADP
ftr-371	430	60	taxation	taxation	NOUN
ftr-371	430	61	also	also	ADV
ftr-371	430	62	recently	recently	ADV
ftr-371	430	63	discussed	discuss	VERB
ftr-371	430	64	such	such	DET
ftr-371	430	65	an	an	DET
ftr-371	430	66	approach	approach	NOUN
ftr-371	430	67	along	along	ADP
ftr-371	430	68	with	with	ADP
ftr-371	430	69	the	the	DET
ftr-371	430	70	alternative	alternative	NOUN
ftr-371	430	71	of	of	ADP
ftr-371	430	72	a	a	DET
ftr-371	430	73	full	full	ADJ
ftr-371	430	74	-	-	PUNCT
ftr-371	430	75	inclusion	inclusion	NOUN
ftr-371	430	76	system.67	system.67	NOUN
ftr-371	430	77	the	the	DET
ftr-371	430	78	analyses	analysis	NOUN
ftr-371	430	79	of	of	ADP
ftr-371	430	80	these	these	DET
ftr-371	430	81	proposals	proposal	NOUN
ftr-371	430	82	by	by	ADP
ftr-371	430	83	harry	harry	PROPN
ftr-371	430	84	grubert	grubert	PROPN
ftr-371	430	85	indicated	indicate	VERB
ftr-371	430	86	that	that	SCONJ
ftr-371	430	87	the	the	DET
ftr-371	430	88	plan	plan	NOUN
ftr-371	430	89	would	would	AUX
ftr-371	430	90	raise	raise	VERB
ftr-371	430	91	revenue	revenue	NOUN
ftr-371	430	92	compared	compare	VERB
ftr-371	430	93	to	to	ADP
ftr-371	430	94	the	the	DET
ftr-371	430	95	current	current	ADJ
ftr-371	430	96	system	system	NOUN
ftr-371	430	97	,	,	PUNCT
ftr-371	430	98	estimated	estimate	VERB
ftr-371	430	99	at	at	ADP
ftr-371	430	100	$	$	SYM
ftr-371	430	101	10	10	NUM
ftr-371	430	102	billion,68	billion,68	NOUN
ftr-371	430	103	presumably	presumably	ADV
ftr-371	430	104	due	due	ADP
ftr-371	430	105	to	to	ADP
ftr-371	430	106	the	the	DET
ftr-371	430	107	restriction	restriction	NOUN
ftr-371	430	108	on	on	ADP
ftr-371	430	109	deductions	deduction	NOUN
ftr-371	430	110	such	such	ADJ
ftr-371	430	111	as	as	ADP
ftr-371	430	112	interest	interest	NOUN
ftr-371	430	113	and	and	CCONJ
ftr-371	430	114	the	the	DET
ftr-371	430	115	taxation	taxation	NOUN
ftr-371	430	116	of	of	ADP
ftr-371	430	117	royalties	royalty	NOUN
ftr-371	430	118	.	.	PUNCT
ftr-371	431	1	(	(	PUNCT
ftr-371	431	2	the	the	DET
ftr-371	431	3	rangel	rangel	NOUN
ftr-371	431	4	proposal	proposal	NOUN
ftr-371	431	5	,	,	PUNCT
ftr-371	431	6	discussed	discuss	VERB
ftr-371	431	7	above	above	ADV
ftr-371	431	8	,	,	PUNCT
ftr-371	431	9	imposes	impose	VERB
ftr-371	431	10	the	the	DET
ftr-371	431	11	deduction	deduction	NOUN
ftr-371	431	12	restriction	restriction	NOUN
ftr-371	431	13	while	while	SCONJ
ftr-371	431	14	leaving	leave	VERB
ftr-371	431	15	deferral	deferral	ADV
ftr-371	431	16	in	in	ADP
ftr-371	431	17	place	place	NOUN
ftr-371	431	18	)	)	PUNCT
ftr-371	431	19	.	.	PUNCT
ftr-371	432	1	by	by	ADP
ftr-371	432	2	moving	move	VERB
ftr-371	432	3	to	to	ADP
ftr-371	432	4	an	an	DET
ftr-371	432	5	explicit	explicit	ADJ
ftr-371	432	6	exemption	exemption	NOUN
ftr-371	432	7	,	,	PUNCT
ftr-371	432	8	this	this	DET
ftr-371	432	9	provision	provision	NOUN
ftr-371	432	10	encourages	encourage	VERB
ftr-371	432	11	capital	capital	NOUN
ftr-371	432	12	and	and	CCONJ
ftr-371	432	13	investment	investment	NOUN
ftr-371	432	14	to	to	PART
ftr-371	432	15	move	move	VERB
ftr-371	432	16	abroad	abroad	ADV
ftr-371	432	17	,	,	PUNCT
ftr-371	432	18	a	a	DET
ftr-371	432	19	provision	provision	NOUN
ftr-371	432	20	that	that	PRON
ftr-371	432	21	is	be	AUX
ftr-371	432	22	consistent	consistent	ADJ
ftr-371	432	23	with	with	ADP
ftr-371	432	24	neither	neither	CCONJ
ftr-371	432	25	worldwide	worldwide	ADJ
ftr-371	432	26	efficiency	efficiency	NOUN
ftr-371	432	27	or	or	CCONJ
ftr-371	432	28	national	national	ADJ
ftr-371	432	29	optimization	optimization	NOUN
ftr-371	432	30	.	.	PUNCT
ftr-371	433	1	at	at	ADP
ftr-371	433	2	the	the	DET
ftr-371	433	3	same	same	ADJ
ftr-371	433	4	time	time	NOUN
ftr-371	433	5	,	,	PUNCT
ftr-371	433	6	the	the	DET
ftr-371	433	7	current	current	ADJ
ftr-371	433	8	system	system	NOUN
ftr-371	433	9	is	be	AUX
ftr-371	433	10	,	,	PUNCT
ftr-371	433	11	more	more	ADJ
ftr-371	433	12	or	or	CCONJ
ftr-371	433	13	less	less	ADJ
ftr-371	433	14	,	,	PUNCT
ftr-371	433	15	a	a	DET
ftr-371	433	16	territorial	territorial	ADJ
ftr-371	433	17	one	one	NOUN
ftr-371	433	18	and	and	CCONJ
ftr-371	433	19	an	an	DET
ftr-371	433	20	explicit	explicit	ADJ
ftr-371	433	21	territorial	territorial	ADJ
ftr-371	433	22	approach	approach	NOUN
ftr-371	433	23	eliminates	eliminate	VERB
ftr-371	433	24	the	the	DET
ftr-371	433	25	disincentive	disincentive	ADJ
ftr-371	433	26	to	to	PART
ftr-371	433	27	repatriate	repatriate	VERB
ftr-371	433	28	.	.	PUNCT
ftr-371	434	1	studies	study	NOUN
ftr-371	434	2	of	of	ADP
ftr-371	434	3	the	the	DET
ftr-371	434	4	response	response	NOUN
ftr-371	434	5	to	to	ADP
ftr-371	434	6	the	the	DET
ftr-371	434	7	repatriation	repatriation	NOUN
ftr-371	434	8	holiday	holiday	NOUN
ftr-371	434	9	(	(	PUNCT
ftr-371	434	10	which	which	PRON
ftr-371	434	11	temporarily	temporarily	ADV
ftr-371	434	12	allowed	allow	VERB
ftr-371	434	13	a	a	DET
ftr-371	434	14	lower	low	ADJ
ftr-371	434	15	tax	tax	NOUN
ftr-371	434	16	on	on	ADP
ftr-371	434	17	repatriations	repatriation	NOUN
ftr-371	434	18	)	)	PUNCT
ftr-371	434	19	showed	show	VERB
ftr-371	434	20	a	a	DET
ftr-371	434	21	significant	significant	ADJ
ftr-371	434	22	response	response	NOUN
ftr-371	434	23	,	,	PUNCT
ftr-371	434	24	suggesting	suggest	VERB
ftr-371	434	25	this	this	DET
ftr-371	434	26	distortion	distortion	NOUN
ftr-371	434	27	is	be	AUX
ftr-371	434	28	important.69	important.69	NOUN
ftr-371	434	29	thus	thus	ADV
ftr-371	434	30	,	,	PUNCT
ftr-371	434	31	in	in	ADP
ftr-371	434	32	economic	economic	ADJ
ftr-371	434	33	efficiency	efficiency	NOUN
ftr-371	434	34	terms	term	NOUN
ftr-371	434	35	,	,	PUNCT
ftr-371	434	36	it	it	PRON
ftr-371	434	37	might	might	AUX
ftr-371	434	38	be	be	AUX
ftr-371	434	39	an	an	DET
ftr-371	434	40	improvement	improvement	NOUN
ftr-371	434	41	over	over	ADP
ftr-371	434	42	current	current	ADJ
ftr-371	434	43	law	law	NOUN
ftr-371	434	44	.	.	PUNCT
ftr-371	435	1	it	it	PRON
ftr-371	435	2	is	be	AUX
ftr-371	435	3	less	less	ADV
ftr-371	435	4	clear	clear	ADJ
ftr-371	435	5	(	(	PUNCT
ftr-371	435	6	since	since	SCONJ
ftr-371	435	7	the	the	DET
ftr-371	435	8	change	change	NOUN
ftr-371	435	9	is	be	AUX
ftr-371	435	10	projected	project	VERB
ftr-371	435	11	to	to	PART
ftr-371	435	12	raise	raise	VERB
ftr-371	435	13	revenues	revenue	NOUN
ftr-371	435	14	,	,	PUNCT
ftr-371	435	15	whether	whether	SCONJ
ftr-371	435	16	it	it	PRON
ftr-371	435	17	reduces	reduce	VERB
ftr-371	435	18	the	the	DET
ftr-371	435	19	incentive	incentive	NOUN
ftr-371	435	20	for	for	ADP
ftr-371	435	21	foreign	foreign	ADJ
ftr-371	435	22	portfolio	portfolio	NOUN
ftr-371	435	23	investments	investment	NOUN
ftr-371	435	24	(	(	PUNCT
ftr-371	435	25	since	since	SCONJ
ftr-371	435	26	the	the	DET
ftr-371	435	27	returns	return	NOUN
ftr-371	435	28	to	to	ADP
ftr-371	435	29	corporations	corporation	NOUN
ftr-371	435	30	reflect	reflect	VERB
ftr-371	435	31	on	on	ADP
ftr-371	435	32	taxes	taxis	NOUN
ftr-371	435	33	on	on	ADP
ftr-371	435	34	real	real	ADJ
ftr-371	435	35	activity	activity	NOUN
ftr-371	435	36	and	and	CCONJ
ftr-371	435	37	taxes	taxis	NOUN
ftr-371	435	38	avoided	avoid	VERB
ftr-371	435	39	through	through	ADP
ftr-371	435	40	profit	profit	NOUN
ftr-371	435	41	shifting	shifting	NOUN
ftr-371	435	42	)	)	PUNCT
ftr-371	435	43	.	.	PUNCT
ftr-371	436	1	66	66	NUM
ftr-371	436	2	.	.	PUNCT
ftr-371	437	1	this	this	DET
ftr-371	437	2	proposal	proposal	NOUN
ftr-371	437	3	was	be	AUX
ftr-371	437	4	originally	originally	ADV
ftr-371	437	5	advanced	advance	VERB
ftr-371	437	6	by	by	ADP
ftr-371	437	7	harry	harry	PROPN
ftr-371	437	8	grubert	grubert	PROPN
ftr-371	437	9	and	and	CCONJ
ftr-371	437	10	john	john	PROPN
ftr-371	437	11	mutti	mutti	PROPN
ftr-371	437	12	,	,	PUNCT
ftr-371	437	13	taxing	tax	VERB
ftr-371	437	14	international	international	ADJ
ftr-371	437	15	business	business	NOUN
ftr-371	437	16	income	income	NOUN
ftr-371	437	17	:	:	PUNCT
ftr-371	437	18	dividend	dividend	NOUN
ftr-371	437	19	exemption	exemption	NOUN
ftr-371	437	20	versus	versus	ADP
ftr-371	437	21	the	the	DET
ftr-371	437	22	current	current	ADJ
ftr-371	437	23	system	system	NOUN
ftr-371	437	24	,	,	PUNCT
ftr-371	437	25	washington	washington	PROPN
ftr-371	437	26	,	,	PUNCT
ftr-371	437	27	d.c	d.c	PROPN
ftr-371	437	28	.	.	PUNCT
ftr-371	437	29	aei	aei	PROPN
ftr-371	437	30	press	press	PROPN
ftr-371	437	31	,	,	PUNCT
ftr-371	437	32	2001	2001	NUM
ftr-371	437	33	.	.	PUNCT
ftr-371	438	1	it	it	PRON
ftr-371	438	2	is	be	AUX
ftr-371	438	3	further	far	ADV
ftr-371	438	4	discussed	discuss	VERB
ftr-371	438	5	,	,	PUNCT
ftr-371	438	6	along	along	ADP
ftr-371	438	7	with	with	ADP
ftr-371	438	8	a	a	DET
ftr-371	438	9	full	full	ADJ
ftr-371	438	10	inclusion	inclusion	NOUN
ftr-371	438	11	approach	approach	NOUN
ftr-371	438	12	,	,	PUNCT
ftr-371	438	13	by	by	ADP
ftr-371	438	14	harry	harry	PROPN
ftr-371	438	15	grubert	grubert	PROPN
ftr-371	438	16	and	and	CCONJ
ftr-371	438	17	rosanne	rosanne	PROPN
ftr-371	438	18	altshuler	altshuler	NOUN
ftr-371	438	19	,	,	PUNCT
ftr-371	438	20	acorporate	acorporate	VERB
ftr-371	438	21	taxes	taxis	NOUN
ftr-371	438	22	in	in	ADP
ftr-371	438	23	the	the	DET
ftr-371	438	24	world	world	NOUN
ftr-371	438	25	economy,@	economy,@	NOUN
ftr-371	438	26	in	in	ADP
ftr-371	438	27	fundamental	fundamental	ADJ
ftr-371	438	28	tax	tax	NOUN
ftr-371	438	29	reform	reform	NOUN
ftr-371	438	30	:	:	PUNCT
ftr-371	438	31	issues	issue	NOUN
ftr-371	438	32	,	,	PUNCT
ftr-371	438	33	choices	choice	NOUN
ftr-371	438	34	,	,	PUNCT
ftr-371	438	35	and	and	CCONJ
ftr-371	438	36	implications	implication	NOUN
ftr-371	438	37	,	,	PUNCT
ftr-371	438	38	ed	ed	NOUN
ftr-371	438	39	.	.	PUNCT
ftr-371	439	1	john	john	PROPN
ftr-371	439	2	w.	w.	PROPN
ftr-371	439	3	diamond	diamond	PROPN
ftr-371	439	4	and	and	CCONJ
ftr-371	439	5	george	george	PROPN
ftr-371	439	6	r.	r.	PROPN
ftr-371	439	7	zodrow	zodrow	PROPN
ftr-371	439	8	cambridge	cambridge	PROPN
ftr-371	439	9	,	,	PUNCT
ftr-371	439	10	mit	mit	PROPN
ftr-371	439	11	press	press	NOUN
ftr-371	439	12	,	,	PUNCT
ftr-371	439	13	2008	2008	NUM
ftr-371	439	14	.	.	PUNCT
ftr-371	440	1	67	67	NUM
ftr-371	440	2	.	.	PUNCT
ftr-371	441	1	president	president	PROPN
ftr-371	441	2	=	=	PROPN
ftr-371	441	3	s	s	PART
ftr-371	441	4	advisory	advisory	ADJ
ftr-371	441	5	panel	panel	NOUN
ftr-371	441	6	on	on	ADP
ftr-371	441	7	federal	federal	ADJ
ftr-371	441	8	tax	tax	NOUN
ftr-371	441	9	reform	reform	NOUN
ftr-371	441	10	(	(	PUNCT
ftr-371	441	11	2005	2005	NUM
ftr-371	441	12	)	)	PUNCT
ftr-371	441	13	,	,	PUNCT
ftr-371	441	14	simple	simple	ADJ
ftr-371	441	15	,	,	PUNCT
ftr-371	441	16	fair	fair	ADJ
ftr-371	441	17	,	,	PUNCT
ftr-371	441	18	and	and	CCONJ
ftr-371	441	19	pro	pro	ADJ
ftr-371	441	20	-	-	ADJ
ftr-371	441	21	growth	growth	ADJ
ftr-371	441	22	:	:	PUNCT
ftr-371	441	23	proposals	proposal	NOUN
ftr-371	441	24	to	to	PART
ftr-371	441	25	fix	fix	VERB
ftr-371	441	26	america	america	PROPN
ftr-371	441	27	=	=	SYM
ftr-371	441	28	s	s	PART
ftr-371	441	29	tax	tax	NOUN
ftr-371	441	30	system	system	NOUN
ftr-371	441	31	(	(	PUNCT
ftr-371	441	32	washington	washington	PROPN
ftr-371	441	33	,	,	PUNCT
ftr-371	441	34	dc	dc	PROPN
ftr-371	441	35	:	:	PUNCT
ftr-371	441	36	u.s	u.s	PROPN
ftr-371	441	37	.	.	PROPN
ftr-371	441	38	government	government	NOUN
ftr-371	441	39	printing	printing	NOUN
ftr-371	441	40	office	office	NOUN
ftr-371	441	41	)	)	PUNCT
ftr-371	441	42	;	;	PUNCT
ftr-371	441	43	joint	joint	ADJ
ftr-371	441	44	committee	committee	NOUN
ftr-371	441	45	on	on	ADP
ftr-371	441	46	taxation	taxation	NOUN
ftr-371	441	47	,	,	PUNCT
ftr-371	441	48	options	option	NOUN
ftr-371	441	49	to	to	PART
ftr-371	441	50	improve	improve	VERB
ftr-371	441	51	tax	tax	NOUN
ftr-371	441	52	compliance	compliance	NOUN
ftr-371	441	53	and	and	CCONJ
ftr-371	441	54	reform	reform	NOUN
ftr-371	441	55	tax	tax	NOUN
ftr-371	441	56	expenditures	expenditure	NOUN
ftr-371	441	57	,	,	PUNCT
ftr-371	441	58	jcs-02	jcs-02	PROPN
ftr-371	441	59	-	-	PUNCT
ftr-371	441	60	05	05	NUM
ftr-371	441	61	,	,	PUNCT
ftr-371	441	62	jan	jan	PROPN
ftr-371	441	63	.	.	PROPN
ftr-371	441	64	27	27	NUM
ftr-371	441	65	,	,	PUNCT
ftr-371	441	66	2005	2005	NUM
ftr-371	441	67	;	;	PUNCT
ftr-371	441	68	joint	joint	ADJ
ftr-371	441	69	committee	committee	NOUN
ftr-371	441	70	on	on	ADP
ftr-371	441	71	taxation	taxation	NOUN
ftr-371	441	72	,	,	PUNCT
ftr-371	441	73	economic	economic	ADJ
ftr-371	441	74	efficiency	efficiency	NOUN
ftr-371	441	75	and	and	CCONJ
ftr-371	441	76	structural	structural	ADJ
ftr-371	441	77	analyses	analysis	NOUN
ftr-371	441	78	of	of	ADP
ftr-371	441	79	alternative	alternative	ADJ
ftr-371	441	80	u.s	u.s	PROPN
ftr-371	441	81	.	.	PROPN
ftr-371	441	82	tax	tax	NOUN
ftr-371	441	83	policies	policy	NOUN
ftr-371	441	84	for	for	ADP
ftr-371	441	85	foreign	foreign	ADJ
ftr-371	441	86	investment	investment	NOUN
ftr-371	441	87	,	,	PUNCT
ftr-371	441	88	jcx-55	jcx-55	NOUN
ftr-371	441	89	-	-	NUM
ftr-371	441	90	08	08	NUM
ftr-371	441	91	,	,	PUNCT
ftr-371	441	92	jun	jun	PROPN
ftr-371	441	93	.	.	PROPN
ftr-371	441	94	26	26	NUM
ftr-371	441	95	,	,	PUNCT
ftr-371	441	96	2008	2008	NUM
ftr-371	441	97	..	..	PUNCT
ftr-371	442	1	68	68	NUM
ftr-371	442	2	.	.	PUNCT
ftr-371	443	1	harry	harry	PROPN
ftr-371	443	2	grubert	grubert	PROPN
ftr-371	443	3	,	,	PUNCT
ftr-371	443	4	“	"	PUNCT
ftr-371	443	5	enacting	enact	VERB
ftr-371	443	6	dividend	dividend	NOUN
ftr-371	443	7	exemption	exemption	NOUN
ftr-371	443	8	and	and	CCONJ
ftr-371	443	9	tax	tax	NOUN
ftr-371	443	10	revenue	revenue	NOUN
ftr-371	443	11	,	,	PUNCT
ftr-371	443	12	”	"	PUNCT
ftr-371	443	13	national	national	ADJ
ftr-371	443	14	tax	tax	NOUN
ftr-371	443	15	journal	journal	PROPN
ftr-371	443	16	,	,	PUNCT
ftr-371	443	17	vol	vol	NOUN
ftr-371	443	18	.	.	PROPN
ftr-371	443	19	54	54	NUM
ftr-371	443	20	,	,	PUNCT
ftr-371	443	21	dec	dec	PROPN
ftr-371	443	22	.	.	PROPN
ftr-371	443	23	2001	2001	NUM
ftr-371	443	24	,	,	PUNCT
ftr-371	443	25	pp	pp	PROPN
ftr-371	443	26	.	.	PUNCT
ftr-371	443	27	811	811	NUM
ftr-371	443	28	-	-	SYM
ftr-371	443	29	827	827	NUM
ftr-371	443	30	.	.	PUNCT
ftr-371	443	31	69	69	NUM
ftr-371	443	32	.	.	PUNCT
ftr-371	444	1	see	see	VERB
ftr-371	444	2	joann	joann	PROPN
ftr-371	444	3	m.	m.	PROPN
ftr-371	444	4	weiner	weiner	NOUN
ftr-371	444	5	,	,	PUNCT
ftr-371	444	6	“	"	PUNCT
ftr-371	444	7	measuring	measure	VERB
ftr-371	444	8	the	the	DET
ftr-371	444	9	effects	effect	NOUN
ftr-371	444	10	of	of	ADP
ftr-371	444	11	the	the	DET
ftr-371	444	12	dividend	dividend	NOUN
ftr-371	444	13	repatriation	repatriation	NOUN
ftr-371	444	14	holiday	holiday	NOUN
ftr-371	444	15	,	,	PUNCT
ftr-371	444	16	”	"	PUNCT
ftr-371	444	17	tax	tax	NOUN
ftr-371	444	18	notes	note	NOUN
ftr-371	444	19	,	,	PUNCT
ftr-371	444	20	nov	nov	PROPN
ftr-371	444	21	.	.	PROPN
ftr-371	444	22	26	26	NUM
ftr-371	444	23	,	,	PUNCT
ftr-371	444	24	2007	2007	NUM
ftr-371	444	25	,	,	PUNCT
ftr-371	444	26	pp	pp	ADJ
ftr-371	444	27	.	.	PUNCT
ftr-371	444	28	853	853	NUM
ftr-371	444	29	-	-	SYM
ftr-371	444	30	854	854	NUM
ftr-371	444	31	reporting	reporting	NOUN
ftr-371	444	32	on	on	ADP
ftr-371	444	33	a	a	DET
ftr-371	444	34	presentation	presentation	NOUN
ftr-371	444	35	at	at	ADP
ftr-371	444	36	the	the	DET
ftr-371	444	37	national	national	PROPN
ftr-371	444	38	tax	tax	PROPN
ftr-371	444	39	association	association	NOUN
ftr-371	444	40	meetings	meeting	NOUN
ftr-371	444	41	in	in	ADP
ftr-371	444	42	nov	nov	PROPN
ftr-371	444	43	.	.	PROPN
ftr-371	444	44	2007	2007	NUM
ftr-371	444	45	by	by	ADP
ftr-371	444	46	melissa	melissa	PROPN
ftr-371	444	47	redmiles	redmile	NOUN
ftr-371	444	48	of	of	ADP
ftr-371	444	49	the	the	DET
ftr-371	444	50	irs	irs	PROPN
ftr-371	444	51	and	and	CCONJ
ftr-371	444	52	roy	roy	PROPN
ftr-371	444	53	clemmons	clemmons	PROPN
ftr-371	444	54	and	and	CCONJ
ftr-371	444	55	michael	michael	PROPN
ftr-371	444	56	r.	r.	PROPN
ftr-371	444	57	kinney	kinney	PROPN
ftr-371	444	58	,	,	PUNCT
ftr-371	444	59	“	"	PUNCT
ftr-371	444	60	an	an	DET
ftr-371	444	61	analysis	analysis	NOUN
ftr-371	444	62	of	of	ADP
ftr-371	444	63	the	the	DET
ftr-371	444	64	tax	tax	NOUN
ftr-371	444	65	holiday	holiday	NOUN
ftr-371	444	66	for	for	ADP
ftr-371	444	67	repatriation	repatriation	NOUN
ftr-371	444	68	under	under	ADP
ftr-371	444	69	the	the	DET
ftr-371	444	70	jobs	job	NOUN
ftr-371	444	71	act	act	NOUN
ftr-371	444	72	,	,	PUNCT
ftr-371	444	73	”	"	PUNCT
ftr-371	444	74	tax	tax	NOUN
ftr-371	444	75	notes	note	NOUN
ftr-371	444	76	,	,	PUNCT
ftr-371	444	77	aug	aug	PROPN
ftr-371	444	78	.	.	PROPN
ftr-371	444	79	25	25	NUM
ftr-371	444	80	,	,	PUNCT
ftr-371	444	81	2007	2007	NUM
ftr-371	444	82	,	,	PUNCT
ftr-371	444	83	pp	pp	ADJ
ftr-371	444	84	.	.	PUNCT
ftr-371	445	1	759	759	NUM
ftr-371	445	2	-	-	SYM
ftr-371	445	3	768	768	NUM
ftr-371	445	4	.	.	PUNCT
ftr-371	446	1	492	492	NUM
ftr-371	446	2	florida	florida	PROPN
ftr-371	446	3	tax	tax	PROPN
ftr-371	446	4	review	review	NOUN
ftr-371	446	5	[	[	X
ftr-371	446	6	vol	vol	NOUN
ftr-371	446	7	.	.	NOUN
ftr-371	446	8	9:5	9:5	NUM
ftr-371	446	9	a	a	DET
ftr-371	446	10	number	number	NOUN
ftr-371	446	11	of	of	ADP
ftr-371	446	12	criticisms	criticism	NOUN
ftr-371	446	13	and	and	CCONJ
ftr-371	446	14	problems	problem	NOUN
ftr-371	446	15	with	with	ADP
ftr-371	446	16	the	the	DET
ftr-371	446	17	territorial	territorial	ADJ
ftr-371	446	18	tax	tax	NOUN
ftr-371	446	19	have	have	AUX
ftr-371	446	20	been	be	AUX
ftr-371	446	21	identified.70	identified.70	ADJ
ftr-371	446	22	the	the	DET
ftr-371	446	23	main	main	ADJ
ftr-371	446	24	reservation	reservation	NOUN
ftr-371	446	25	with	with	ADP
ftr-371	446	26	an	an	DET
ftr-371	446	27	explicit	explicit	ADJ
ftr-371	446	28	territorial	territorial	ADJ
ftr-371	446	29	approach	approach	NOUN
ftr-371	446	30	is	be	AUX
ftr-371	446	31	that	that	SCONJ
ftr-371	446	32	it	it	PRON
ftr-371	446	33	increases	increase	VERB
ftr-371	446	34	the	the	DET
ftr-371	446	35	pressure	pressure	NOUN
ftr-371	446	36	to	to	PART
ftr-371	446	37	shift	shift	VERB
ftr-371	446	38	profits	profit	NOUN
ftr-371	446	39	into	into	ADP
ftr-371	446	40	active	active	ADJ
ftr-371	446	41	business	business	NOUN
ftr-371	446	42	enterprises	enterprise	NOUN
ftr-371	446	43	in	in	ADP
ftr-371	446	44	low	low	ADJ
ftr-371	446	45	-	-	PUNCT
ftr-371	446	46	tax	tax	NOUN
ftr-371	446	47	jurisdictions	jurisdiction	NOUN
ftr-371	446	48	.	.	PUNCT
ftr-371	447	1	the	the	DET
ftr-371	447	2	increased	increase	VERB
ftr-371	447	3	pressures	pressure	NOUN
ftr-371	447	4	on	on	ADP
ftr-371	447	5	transfer	transfer	NOUN
ftr-371	447	6	pricing	pricing	NOUN
ftr-371	447	7	,	,	PUNCT
ftr-371	447	8	including	include	VERB
ftr-371	447	9	shifting	shift	VERB
ftr-371	447	10	of	of	ADP
ftr-371	447	11	intangibles	intangible	NOUN
ftr-371	447	12	and	and	CCONJ
ftr-371	447	13	the	the	DET
ftr-371	447	14	income	income	NOUN
ftr-371	447	15	from	from	ADP
ftr-371	447	16	those	those	DET
ftr-371	447	17	intangibles	intangible	NOUN
ftr-371	447	18	into	into	ADP
ftr-371	447	19	low	low	ADJ
ftr-371	447	20	-	-	PUNCT
ftr-371	447	21	tax	tax	NOUN
ftr-371	447	22	jurisdictions	jurisdiction	NOUN
ftr-371	447	23	,	,	PUNCT
ftr-371	447	24	were	be	AUX
ftr-371	447	25	cited	cite	VERB
ftr-371	447	26	by	by	ADP
ftr-371	447	27	the	the	DET
ftr-371	447	28	joint	joint	ADJ
ftr-371	447	29	committee	committee	NOUN
ftr-371	447	30	on	on	ADP
ftr-371	447	31	taxation	taxation	NOUN
ftr-371	447	32	and	and	CCONJ
ftr-371	447	33	others	other	NOUN
ftr-371	447	34	as	as	ADP
ftr-371	447	35	a	a	DET
ftr-371	447	36	problem	problem	NOUN
ftr-371	447	37	with	with	ADP
ftr-371	447	38	a	a	DET
ftr-371	447	39	territorial	territorial	ADJ
ftr-371	447	40	approach	approach	NOUN
ftr-371	447	41	.	.	PUNCT
ftr-371	448	1	this	this	DET
ftr-371	448	2	problem	problem	NOUN
ftr-371	448	3	is	be	AUX
ftr-371	448	4	probably	probably	ADV
ftr-371	448	5	worse	bad	ADJ
ftr-371	448	6	than	than	SCONJ
ftr-371	448	7	it	it	PRON
ftr-371	448	8	was	be	AUX
ftr-371	448	9	when	when	SCONJ
ftr-371	448	10	this	this	DET
ftr-371	448	11	territorial	territorial	ADJ
ftr-371	448	12	proposal	proposal	NOUN
ftr-371	448	13	was	be	AUX
ftr-371	448	14	first	first	ADV
ftr-371	448	15	discussed	discuss	VERB
ftr-371	448	16	in	in	ADP
ftr-371	448	17	1995	1995	NUM
ftr-371	448	18	(	(	PUNCT
ftr-371	448	19	with	with	ADP
ftr-371	448	20	check	check	NOUN
ftr-371	448	21	-	-	PUNCT
ftr-371	448	22	the	the	DET
ftr-371	448	23	-	-	PUNCT
ftr-371	448	24	box	box	NOUN
ftr-371	448	25	,	,	PUNCT
ftr-371	448	26	which	which	PRON
ftr-371	448	27	was	be	AUX
ftr-371	448	28	introduced	introduce	VERB
ftr-371	448	29	in	in	ADP
ftr-371	448	30	1997	1997	NUM
ftr-371	448	31	)	)	PUNCT
ftr-371	448	32	.	.	PUNCT
ftr-371	449	1	in	in	ADP
ftr-371	449	2	other	other	ADJ
ftr-371	449	3	words	word	NOUN
ftr-371	449	4	,	,	PUNCT
ftr-371	449	5	the	the	DET
ftr-371	449	6	anti	anti	ADJ
ftr-371	449	7	-	-	ADJ
ftr-371	449	8	abuse	abuse	ADJ
ftr-371	449	9	system	system	NOUN
ftr-371	449	10	in	in	ADP
ftr-371	449	11	a	a	DET
ftr-371	449	12	territorial	territorial	ADJ
ftr-371	449	13	tax	tax	NOUN
ftr-371	449	14	system	system	NOUN
ftr-371	449	15	may	may	AUX
ftr-371	449	16	not	not	PART
ftr-371	449	17	work	work	VERB
ftr-371	449	18	very	very	ADV
ftr-371	449	19	well	well	ADV
ftr-371	449	20	,	,	PUNCT
ftr-371	449	21	and	and	CCONJ
ftr-371	449	22	may	may	AUX
ftr-371	449	23	work	work	VERB
ftr-371	449	24	less	less	ADV
ftr-371	449	25	effectively	effectively	ADV
ftr-371	449	26	than	than	SCONJ
ftr-371	449	27	it	it	PRON
ftr-371	449	28	did	do	VERB
ftr-371	449	29	in	in	ADP
ftr-371	449	30	the	the	DET
ftr-371	449	31	past	past	NOUN
ftr-371	449	32	and	and	CCONJ
ftr-371	449	33	less	less	ADV
ftr-371	449	34	effectively	effectively	ADV
ftr-371	449	35	than	than	SCONJ
ftr-371	449	36	it	it	PRON
ftr-371	449	37	does	do	VERB
ftr-371	449	38	under	under	ADP
ftr-371	449	39	the	the	DET
ftr-371	449	40	current	current	ADJ
ftr-371	449	41	system	system	NOUN
ftr-371	449	42	.	.	PUNCT
ftr-371	450	1	one	one	NUM
ftr-371	450	2	option	option	NOUN
ftr-371	450	3	discussed	discuss	VERB
ftr-371	450	4	by	by	ADP
ftr-371	450	5	the	the	DET
ftr-371	450	6	joint	joint	ADJ
ftr-371	450	7	committee	committee	NOUN
ftr-371	450	8	on	on	ADP
ftr-371	450	9	taxation	taxation	NOUN
ftr-371	450	10	was	be	AUX
ftr-371	450	11	to	to	PART
ftr-371	450	12	require	require	VERB
ftr-371	450	13	income	income	NOUN
ftr-371	450	14	to	to	PART
ftr-371	450	15	be	be	AUX
ftr-371	450	16	subject	subject	ADJ
ftr-371	450	17	to	to	ADP
ftr-371	450	18	a	a	DET
ftr-371	450	19	certain	certain	ADJ
ftr-371	450	20	level	level	NOUN
ftr-371	450	21	of	of	ADP
ftr-371	450	22	foreign	foreign	ADJ
ftr-371	450	23	tax	tax	NOUN
ftr-371	450	24	before	before	SCONJ
ftr-371	450	25	it	it	PRON
ftr-371	450	26	could	could	AUX
ftr-371	450	27	become	become	VERB
ftr-371	450	28	exempt	exempt	ADJ
ftr-371	450	29	,	,	PUNCT
ftr-371	450	30	an	an	DET
ftr-371	450	31	approach	approach	NOUN
ftr-371	450	32	used	use	VERB
ftr-371	450	33	by	by	ADP
ftr-371	450	34	some	some	DET
ftr-371	450	35	other	other	ADJ
ftr-371	450	36	countries	country	NOUN
ftr-371	450	37	.	.	PUNCT
ftr-371	451	1	various	various	ADJ
ftr-371	451	2	observers	observer	NOUN
ftr-371	451	3	have	have	AUX
ftr-371	451	4	also	also	ADV
ftr-371	451	5	pointed	point	VERB
ftr-371	451	6	out	out	ADP
ftr-371	451	7	a	a	DET
ftr-371	451	8	number	number	NOUN
ftr-371	451	9	of	of	ADP
ftr-371	451	10	reservations	reservation	NOUN
ftr-371	451	11	and	and	CCONJ
ftr-371	451	12	controversial	controversial	ADJ
ftr-371	451	13	details	detail	NOUN
ftr-371	451	14	that	that	PRON
ftr-371	451	15	would	would	AUX
ftr-371	451	16	have	have	VERB
ftr-371	451	17	to	to	PART
ftr-371	451	18	be	be	AUX
ftr-371	451	19	addressed	address	VERB
ftr-371	451	20	in	in	ADP
ftr-371	451	21	moving	move	VERB
ftr-371	451	22	to	to	ADP
ftr-371	451	23	a	a	DET
ftr-371	451	24	territorial	territorial	ADJ
ftr-371	451	25	tax	tax	NOUN
ftr-371	451	26	.	.	PUNCT
ftr-371	452	1	for	for	ADP
ftr-371	452	2	example	example	NOUN
ftr-371	452	3	,	,	PUNCT
ftr-371	452	4	there	there	PRON
ftr-371	452	5	may	may	AUX
ftr-371	452	6	be	be	AUX
ftr-371	452	7	pressure	pressure	NOUN
ftr-371	452	8	to	to	PART
ftr-371	452	9	exempt	exempt	VERB
ftr-371	452	10	royalties	royalty	NOUN
ftr-371	452	11	,	,	PUNCT
ftr-371	452	12	there	there	PRON
ftr-371	452	13	is	be	VERB
ftr-371	452	14	the	the	DET
ftr-371	452	15	issue	issue	NOUN
ftr-371	452	16	of	of	ADP
ftr-371	452	17	whether	whether	SCONJ
ftr-371	452	18	to	to	PART
ftr-371	452	19	include	include	VERB
ftr-371	452	20	mobile	mobile	ADJ
ftr-371	452	21	income	income	NOUN
ftr-371	452	22	related	relate	VERB
ftr-371	452	23	to	to	ADP
ftr-371	452	24	active	active	ADJ
ftr-371	452	25	income	income	NOUN
ftr-371	452	26	in	in	ADP
ftr-371	452	27	the	the	DET
ftr-371	452	28	tax	tax	NOUN
ftr-371	452	29	base	base	NOUN
ftr-371	452	30	,	,	PUNCT
ftr-371	452	31	and	and	CCONJ
ftr-371	452	32	there	there	PRON
ftr-371	452	33	is	be	VERB
ftr-371	452	34	the	the	DET
ftr-371	452	35	issue	issue	NOUN
ftr-371	452	36	of	of	ADP
ftr-371	452	37	the	the	DET
ftr-371	452	38	incompatibility	incompatibility	NOUN
ftr-371	452	39	of	of	ADP
ftr-371	452	40	this	this	DET
ftr-371	452	41	regime	regime	NOUN
ftr-371	452	42	with	with	ADP
ftr-371	452	43	the	the	DET
ftr-371	452	44	2006	2006	NUM
ftr-371	452	45	provision	provision	NOUN
ftr-371	452	46	that	that	PRON
ftr-371	452	47	facilitates	facilitate	VERB
ftr-371	452	48	the	the	DET
ftr-371	452	49	activities	activity	NOUN
ftr-371	452	50	carried	carry	VERB
ftr-371	452	51	out	out	ADP
ftr-371	452	52	by	by	ADP
ftr-371	452	53	hybrid	hybrid	ADJ
ftr-371	452	54	corporations	corporation	NOUN
ftr-371	452	55	.	.	PUNCT
ftr-371	453	1	there	there	PRON
ftr-371	453	2	is	be	VERB
ftr-371	453	3	also	also	ADV
ftr-371	453	4	considerable	considerable	ADJ
ftr-371	453	5	uncertainty	uncertainty	NOUN
ftr-371	453	6	about	about	ADP
ftr-371	453	7	whether	whether	SCONJ
ftr-371	453	8	such	such	DET
ftr-371	453	9	a	a	DET
ftr-371	453	10	territorial	territorial	ADJ
ftr-371	453	11	tax	tax	NOUN
ftr-371	453	12	,	,	PUNCT
ftr-371	453	13	often	often	ADV
ftr-371	453	14	justified	justify	VERB
ftr-371	453	15	as	as	ADP
ftr-371	453	16	a	a	DET
ftr-371	453	17	simpler	simple	ADJ
ftr-371	453	18	approach	approach	NOUN
ftr-371	453	19	to	to	ADP
ftr-371	453	20	international	international	ADJ
ftr-371	453	21	taxation	taxation	NOUN
ftr-371	453	22	,	,	PUNCT
ftr-371	453	23	would	would	AUX
ftr-371	453	24	achieve	achieve	VERB
ftr-371	453	25	that	that	DET
ftr-371	453	26	purpose	purpose	NOUN
ftr-371	453	27	given	give	VERB
ftr-371	453	28	the	the	DET
ftr-371	453	29	need	need	NOUN
ftr-371	453	30	to	to	PART
ftr-371	453	31	retain	retain	VERB
ftr-371	453	32	anti	anti	ADJ
ftr-371	453	33	-	-	ADJ
ftr-371	453	34	abuse	abuse	ADJ
ftr-371	453	35	provisions	provision	NOUN
ftr-371	453	36	and	and	CCONJ
ftr-371	453	37	allocate	allocate	ADJ
ftr-371	453	38	expenses	expense	NOUN
ftr-371	453	39	.	.	PUNCT
ftr-371	454	1	c.	c.	NOUN
ftr-371	454	2	moving	move	VERB
ftr-371	454	3	toward	toward	ADP
ftr-371	454	4	worldwide	worldwide	ADJ
ftr-371	454	5	taxation	taxation	NOUN
ftr-371	454	6	this	this	DET
ftr-371	454	7	section	section	NOUN
ftr-371	454	8	discusses	discuss	VERB
ftr-371	454	9	several	several	ADJ
ftr-371	454	10	proposals	proposal	NOUN
ftr-371	454	11	that	that	PRON
ftr-371	454	12	might	might	AUX
ftr-371	454	13	move	move	VERB
ftr-371	454	14	the	the	DET
ftr-371	454	15	united	united	PROPN
ftr-371	454	16	states	states	PROPN
ftr-371	454	17	towards	towards	ADP
ftr-371	454	18	the	the	DET
ftr-371	454	19	economically	economically	ADV
ftr-371	454	20	efficient	efficient	ADJ
ftr-371	454	21	residence	residence	NOUN
ftr-371	454	22	based	base	VERB
ftr-371	454	23	,	,	PUNCT
ftr-371	454	24	or	or	CCONJ
ftr-371	454	25	worldwide	worldwide	ADJ
ftr-371	454	26	tax	tax	NOUN
ftr-371	454	27	system	system	NOUN
ftr-371	454	28	.	.	PUNCT
ftr-371	455	1	the	the	DET
ftr-371	455	2	centerpiece	centerpiece	NOUN
ftr-371	455	3	of	of	ADP
ftr-371	455	4	such	such	DET
ftr-371	455	5	a	a	DET
ftr-371	455	6	proposal	proposal	NOUN
ftr-371	455	7	would	would	AUX
ftr-371	455	8	be	be	AUX
ftr-371	455	9	to	to	PART
ftr-371	455	10	end	end	VERB
ftr-371	455	11	deferral	deferral	ADV
ftr-371	455	12	entirely	entirely	ADV
ftr-371	455	13	and	and	CCONJ
ftr-371	455	14	tax	tax	NOUN
ftr-371	455	15	foreign	foreign	ADJ
ftr-371	455	16	income	income	NOUN
ftr-371	455	17	currently	currently	ADV
ftr-371	455	18	.	.	PUNCT
ftr-371	456	1	several	several	ADJ
ftr-371	456	2	variations	variation	NOUN
ftr-371	456	3	of	of	ADP
ftr-371	456	4	an	an	DET
ftr-371	456	5	inclusive	inclusive	ADJ
ftr-371	456	6	system	system	NOUN
ftr-371	456	7	have	have	AUX
ftr-371	456	8	been	be	AUX
ftr-371	456	9	proposed	propose	VERB
ftr-371	456	10	,	,	PUNCT
ftr-371	456	11	which	which	PRON
ftr-371	456	12	vary	vary	VERB
ftr-371	456	13	in	in	ADP
ftr-371	456	14	the	the	DET
ftr-371	456	15	extent	extent	NOUN
ftr-371	456	16	they	they	PRON
ftr-371	456	17	would	would	AUX
ftr-371	456	18	apply	apply	VERB
ftr-371	456	19	to	to	ADP
ftr-371	456	20	minority	minority	NOUN
ftr-371	456	21	owned	own	VERB
ftr-371	456	22	subsidiaries	subsidiary	NOUN
ftr-371	456	23	and	and	CCONJ
ftr-371	456	24	the	the	DET
ftr-371	456	25	extent	extent	NOUN
ftr-371	456	26	to	to	PART
ftr-371	456	27	which	which	PRON
ftr-371	456	28	foreign	foreign	ADJ
ftr-371	456	29	losses	loss	NOUN
ftr-371	456	30	would	would	AUX
ftr-371	456	31	be	be	AUX
ftr-371	456	32	offset	offset	VERB
ftr-371	456	33	against	against	ADP
ftr-371	456	34	u.s	u.s	PROPN
ftr-371	456	35	.	.	PROPN
ftr-371	456	36	income.71	income.71	NOUN
ftr-371	456	37	as	as	SCONJ
ftr-371	456	38	noted	note	VERB
ftr-371	456	39	above	above	ADV
ftr-371	456	40	,	,	PUNCT
ftr-371	456	41	altshuler	altshuler	NOUN
ftr-371	456	42	and	and	CCONJ
ftr-371	456	43	grubert	grubert	NOUN
ftr-371	456	44	projected	project	VERB
ftr-371	456	45	a	a	DET
ftr-371	456	46	higher	high	ADJ
ftr-371	456	47	number	number	NOUN
ftr-371	456	48	:	:	PUNCT
ftr-371	456	49	70	70	X
ftr-371	456	50	.	.	PUNCT
ftr-371	457	1	see	see	VERB
ftr-371	457	2	joint	joint	ADJ
ftr-371	457	3	committee	committee	NOUN
ftr-371	457	4	on	on	ADP
ftr-371	457	5	taxation	taxation	NOUN
ftr-371	457	6	,	,	PUNCT
ftr-371	457	7	economic	economic	ADJ
ftr-371	457	8	efficiency	efficiency	NOUN
ftr-371	457	9	and	and	CCONJ
ftr-371	457	10	structural	structural	ADJ
ftr-371	457	11	analyses	analysis	NOUN
ftr-371	457	12	of	of	ADP
ftr-371	457	13	alternative	alternative	ADJ
ftr-371	457	14	u.s	u.s	PROPN
ftr-371	457	15	.	.	PROPN
ftr-371	457	16	tax	tax	NOUN
ftr-371	457	17	policies	policy	NOUN
ftr-371	457	18	for	for	ADP
ftr-371	457	19	foreign	foreign	ADJ
ftr-371	457	20	investment	investment	NOUN
ftr-371	457	21	,	,	PUNCT
ftr-371	457	22	jcx-55	jcx-55	NOUN
ftr-371	457	23	-	-	NUM
ftr-371	457	24	08	08	NUM
ftr-371	457	25	,	,	PUNCT
ftr-371	457	26	jun	jun	PROPN
ftr-371	457	27	.	.	PROPN
ftr-371	457	28	26	26	NUM
ftr-371	457	29	,	,	PUNCT
ftr-371	457	30	2008	2008	NUM
ftr-371	457	31	;	;	PUNCT
ftr-371	457	32	edward	edward	PROPN
ftr-371	457	33	kleinbard	kleinbard	PROPN
ftr-371	457	34	,	,	PUNCT
ftr-371	457	35	“	"	PUNCT
ftr-371	457	36	throw	throw	VERB
ftr-371	457	37	territorial	territorial	ADJ
ftr-371	457	38	taxation	taxation	NOUN
ftr-371	457	39	from	from	ADP
ftr-371	457	40	the	the	DET
ftr-371	457	41	train	train	NOUN
ftr-371	457	42	,	,	PUNCT
ftr-371	457	43	”	"	PUNCT
ftr-371	457	44	tax	tax	NOUN
ftr-371	457	45	notes	note	NOUN
ftr-371	457	46	,	,	PUNCT
ftr-371	457	47	feb	feb	PROPN
ftr-371	457	48	.	.	PROPN
ftr-371	457	49	5	5	NUM
ftr-371	457	50	,	,	PUNCT
ftr-371	457	51	2007	2007	NUM
ftr-371	457	52	,	,	PUNCT
ftr-371	457	53	pp	pp	ADJ
ftr-371	457	54	.	.	PUNCT
ftr-371	458	1	547	547	NUM
ftr-371	458	2	-	-	SYM
ftr-371	458	3	564	564	NUM
ftr-371	458	4	;	;	PUNCT
ftr-371	458	5	j.	j.	PROPN
ftr-371	458	6	clifton	clifton	PROPN
ftr-371	458	7	fleming	fleming	PROPN
ftr-371	458	8	,	,	PUNCT
ftr-371	458	9	jr	jr	PROPN
ftr-371	458	10	.	.	PROPN
ftr-371	458	11	and	and	CCONJ
ftr-371	458	12	robert	robert	PROPN
ftr-371	458	13	j.	j.	PROPN
ftr-371	458	14	peroni	peroni	PROPN
ftr-371	458	15	,	,	PUNCT
ftr-371	458	16	“	"	PUNCT
ftr-371	458	17	exploring	explore	VERB
ftr-371	458	18	the	the	DET
ftr-371	458	19	contours	contours	NOUN
ftr-371	458	20	of	of	ADP
ftr-371	458	21	a	a	DET
ftr-371	458	22	proposed	propose	VERB
ftr-371	458	23	u.s	u.s	PROPN
ftr-371	458	24	.	.	PROPN
ftr-371	458	25	exemption	exemption	NOUN
ftr-371	458	26	(	(	PUNCT
ftr-371	458	27	territorial	territorial	ADJ
ftr-371	458	28	)	)	PUNCT
ftr-371	458	29	tax	tax	NOUN
ftr-371	458	30	system	system	NOUN
ftr-371	458	31	,	,	PUNCT
ftr-371	458	32	”	"	PUNCT
ftr-371	458	33	tax	tax	NOUN
ftr-371	458	34	notes	note	NOUN
ftr-371	458	35	,	,	PUNCT
ftr-371	458	36	dec	dec	PROPN
ftr-371	458	37	.	.	PROPN
ftr-371	458	38	19	19	NUM
ftr-371	458	39	,	,	PUNCT
ftr-371	458	40	2005	2005	NUM
ftr-371	458	41	,	,	PUNCT
ftr-371	458	42	pp	pp	ADJ
ftr-371	458	43	.	.	PUNCT
ftr-371	458	44	1557	1557	NUM
ftr-371	458	45	-	-	SYM
ftr-371	458	46	1577	1577	NUM
ftr-371	458	47	.	.	PUNCT
ftr-371	459	1	71	71	NUM
ftr-371	459	2	.	.	PUNCT
ftr-371	459	3	see	see	VERB
ftr-371	459	4	the	the	DET
ftr-371	459	5	discussion	discussion	NOUN
ftr-371	459	6	in	in	ADP
ftr-371	459	7	j.	j.	PROPN
ftr-371	459	8	clifton	clifton	PROPN
ftr-371	459	9	fleming	fleming	PROPN
ftr-371	459	10	,	,	PUNCT
ftr-371	459	11	jr	jr	PROPN
ftr-371	459	12	.	.	PROPN
ftr-371	459	13	,	,	PUNCT
ftr-371	459	14	robert	robert	PROPN
ftr-371	459	15	j.	j.	PROPN
ftr-371	459	16	peroni	peroni	PROPN
ftr-371	459	17	,	,	PUNCT
ftr-371	459	18	and	and	CCONJ
ftr-371	459	19	stephen	stephen	PROPN
ftr-371	459	20	e.	e.	PROPN
ftr-371	459	21	shay	shay	PROPN
ftr-371	459	22	,	,	PUNCT
ftr-371	459	23	“	"	PUNCT
ftr-371	459	24	deferral	deferral	ADJ
ftr-371	459	25	:	:	PUNCT
ftr-371	459	26	consider	consider	VERB
ftr-371	459	27	ending	end	VERB
ftr-371	459	28	it	it	PRON
ftr-371	459	29	instead	instead	ADV
ftr-371	459	30	of	of	ADP
ftr-371	459	31	expanding	expand	VERB
ftr-371	459	32	it	it	PRON
ftr-371	459	33	,	,	PUNCT
ftr-371	459	34	”	"	PUNCT
ftr-371	459	35	tax	tax	NOUN
ftr-371	459	36	notes	note	NOUN
ftr-371	459	37	,	,	PUNCT
ftr-371	459	38	feb	feb	PROPN
ftr-371	459	39	.	.	PROPN
ftr-371	459	40	7	7	NUM
ftr-371	459	41	,	,	PUNCT
ftr-371	459	42	2000	2000	NUM
ftr-371	459	43	;	;	PUNCT
ftr-371	459	44	harry	harry	PROPN
ftr-371	459	45	grubert	grubert	PROPN
ftr-371	459	46	and	and	CCONJ
ftr-371	459	47	rosanne	rosanne	PROPN
ftr-371	459	48	altshuler	altshuler	NOUN
ftr-371	459	49	,	,	PUNCT
ftr-371	459	50	“	"	PUNCT
ftr-371	459	51	corporate	corporate	ADJ
ftr-371	459	52	taxes	taxis	NOUN
ftr-371	459	53	in	in	ADP
ftr-371	459	54	the	the	DET
ftr-371	459	55	world	world	NOUN
ftr-371	459	56	economy	economy	NOUN
ftr-371	459	57	,	,	PUNCT
ftr-371	459	58	”	"	PUNCT
ftr-371	459	59	in	in	ADP
ftr-371	459	60	fundamental	fundamental	ADJ
ftr-371	459	61	tax	tax	NOUN
ftr-371	459	62	reform	reform	NOUN
ftr-371	459	63	:	:	PUNCT
ftr-371	459	64	issues	issue	NOUN
ftr-371	459	65	,	,	PUNCT
ftr-371	459	66	choices	choice	NOUN
ftr-371	459	67	,	,	PUNCT
ftr-371	459	68	and	and	CCONJ
ftr-371	459	69	implications	implication	NOUN
ftr-371	459	70	,	,	PUNCT
ftr-371	459	71	ed	ed	NOUN
ftr-371	459	72	.	.	PUNCT
ftr-371	460	1	john	john	PROPN
ftr-371	460	2	w.	w.	PROPN
ftr-371	460	3	diamond	diamond	PROPN
ftr-371	460	4	and	and	CCONJ
ftr-371	460	5	george	george	PROPN
ftr-371	460	6	r.	r.	PROPN
ftr-371	460	7	zodrow	zodrow	PROPN
ftr-371	460	8	cambridge	cambridge	PROPN
ftr-371	460	9	,	,	PUNCT
ftr-371	460	10	mit	mit	PROPN
ftr-371	460	11	press	press	NOUN
ftr-371	460	12	,	,	PUNCT
ftr-371	460	13	2008	2008	NUM
ftr-371	460	14	;	;	PUNCT
ftr-371	460	15	joint	joint	ADJ
ftr-371	460	16	committee	committee	NOUN
ftr-371	460	17	on	on	ADP
ftr-371	460	18	taxation	taxation	NOUN
ftr-371	460	19	,	,	PUNCT
ftr-371	460	20	2009	2009	NUM
ftr-371	460	21	]	]	PUNCT
ftr-371	460	22	international	international	ADJ
ftr-371	460	23	corporate	corporate	ADJ
ftr-371	460	24	tax	tax	NOUN
ftr-371	460	25	reform	reform	NOUN
ftr-371	460	26	493	493	NUM
ftr-371	460	27	they	they	PRON
ftr-371	460	28	estimate	estimate	VERB
ftr-371	460	29	for	for	ADP
ftr-371	460	30	2002	2002	NUM
ftr-371	460	31	that	that	SCONJ
ftr-371	460	32	the	the	DET
ftr-371	460	33	corporate	corporate	ADJ
ftr-371	460	34	tax	tax	NOUN
ftr-371	460	35	could	could	AUX
ftr-371	460	36	be	be	AUX
ftr-371	460	37	cut	cut	VERB
ftr-371	460	38	to	to	ADP
ftr-371	460	39	28	28	NUM
ftr-371	460	40	%	%	NOUN
ftr-371	460	41	if	if	SCONJ
ftr-371	460	42	deferral	deferral	ADJ
ftr-371	460	43	were	be	AUX
ftr-371	460	44	ended	end	VERB
ftr-371	460	45	,	,	PUNCT
ftr-371	460	46	and	and	CCONJ
ftr-371	460	47	based	base	VERB
ftr-371	460	48	on	on	ADP
ftr-371	460	49	corporate	corporate	ADJ
ftr-371	460	50	revenue	revenue	NOUN
ftr-371	460	51	in	in	ADP
ftr-371	460	52	that	that	DET
ftr-371	460	53	year	year	NOUN
ftr-371	460	54	the	the	DET
ftr-371	460	55	gain	gain	NOUN
ftr-371	460	56	is	be	AUX
ftr-371	460	57	about	about	ADV
ftr-371	460	58	$	$	SYM
ftr-371	460	59	11	11	NUM
ftr-371	460	60	billion.72	billion.72	NOUN
ftr-371	460	61	that	that	DET
ftr-371	460	62	year	year	NOUN
ftr-371	460	63	was	be	AUX
ftr-371	460	64	at	at	ADP
ftr-371	460	65	a	a	DET
ftr-371	460	66	low	low	ADJ
ftr-371	460	67	point	point	NOUN
ftr-371	460	68	because	because	SCONJ
ftr-371	460	69	of	of	ADP
ftr-371	460	70	the	the	DET
ftr-371	460	71	recession	recession	NOUN
ftr-371	460	72	;	;	PUNCT
ftr-371	460	73	if	if	SCONJ
ftr-371	460	74	the	the	DET
ftr-371	460	75	share	share	NOUN
ftr-371	460	76	remained	remain	VERB
ftr-371	460	77	the	the	DET
ftr-371	460	78	same	same	ADJ
ftr-371	460	79	,	,	PUNCT
ftr-371	460	80	the	the	DET
ftr-371	460	81	gain	gain	NOUN
ftr-371	460	82	would	would	AUX
ftr-371	460	83	be	be	AUX
ftr-371	460	84	around	around	ADP
ftr-371	460	85	$	$	SYM
ftr-371	460	86	13	13	NUM
ftr-371	460	87	billion	billion	NUM
ftr-371	460	88	for	for	ADP
ftr-371	460	89	2004	2004	NUM
ftr-371	460	90	and	and	CCONJ
ftr-371	460	91	$	$	SYM
ftr-371	460	92	26	26	NUM
ftr-371	460	93	billion	billion	NUM
ftr-371	460	94	for	for	ADP
ftr-371	460	95	2007	2007	NUM
ftr-371	460	96	.	.	PUNCT
ftr-371	461	1	the	the	DET
ftr-371	461	2	effectiveness	effectiveness	NOUN
ftr-371	461	3	of	of	ADP
ftr-371	461	4	a	a	DET
ftr-371	461	5	worldwide	worldwide	ADJ
ftr-371	461	6	taxation	taxation	NOUN
ftr-371	461	7	system	system	NOUN
ftr-371	461	8	in	in	ADP
ftr-371	461	9	achieving	achieve	VERB
ftr-371	461	10	capital	capital	NOUN
ftr-371	461	11	export	export	NOUN
ftr-371	461	12	neutrality	neutrality	NOUN
ftr-371	461	13	from	from	ADP
ftr-371	461	14	the	the	DET
ftr-371	461	15	point	point	NOUN
ftr-371	461	16	of	of	ADP
ftr-371	461	17	view	view	NOUN
ftr-371	461	18	of	of	ADP
ftr-371	461	19	the	the	DET
ftr-371	461	20	united	united	PROPN
ftr-371	461	21	states	states	PROPN
ftr-371	461	22	depends	depend	VERB
ftr-371	461	23	on	on	ADP
ftr-371	461	24	whether	whether	SCONJ
ftr-371	461	25	firms	firm	NOUN
ftr-371	461	26	have	have	AUX
ftr-371	461	27	excess	excess	ADJ
ftr-371	461	28	credits	credit	NOUN
ftr-371	461	29	.	.	PUNCT
ftr-371	462	1	without	without	ADP
ftr-371	462	2	excess	excess	ADJ
ftr-371	462	3	credits	credit	NOUN
ftr-371	462	4	,	,	PUNCT
ftr-371	462	5	which	which	PRON
ftr-371	462	6	would	would	AUX
ftr-371	462	7	be	be	AUX
ftr-371	462	8	less	less	ADV
ftr-371	462	9	common	common	ADJ
ftr-371	462	10	to	to	ADP
ftr-371	462	11	the	the	DET
ftr-371	462	12	extent	extent	NOUN
ftr-371	462	13	that	that	SCONJ
ftr-371	462	14	the	the	DET
ftr-371	462	15	u.s	u.s	PROPN
ftr-371	462	16	.	.	PROPN
ftr-371	462	17	tends	tend	VERB
ftr-371	462	18	to	to	PART
ftr-371	462	19	be	be	AUX
ftr-371	462	20	at	at	ADP
ftr-371	462	21	the	the	DET
ftr-371	462	22	higher	high	ADJ
ftr-371	462	23	end	end	NOUN
ftr-371	462	24	of	of	ADP
ftr-371	462	25	the	the	DET
ftr-371	462	26	tax	tax	NOUN
ftr-371	462	27	rate	rate	NOUN
ftr-371	462	28	scale	scale	NOUN
ftr-371	462	29	,	,	PUNCT
ftr-371	462	30	there	there	PRON
ftr-371	462	31	is	be	VERB
ftr-371	462	32	no	no	DET
ftr-371	462	33	benefit	benefit	NOUN
ftr-371	462	34	to	to	ADP
ftr-371	462	35	investing	invest	VERB
ftr-371	462	36	in	in	ADP
ftr-371	462	37	a	a	DET
ftr-371	462	38	low	low	ADJ
ftr-371	462	39	-	-	PUNCT
ftr-371	462	40	tax	tax	NOUN
ftr-371	462	41	jurisdiction	jurisdiction	NOUN
ftr-371	462	42	.	.	PUNCT
ftr-371	463	1	grubert	grubert	NOUN
ftr-371	463	2	and	and	CCONJ
ftr-371	463	3	altshuler	altshuler	NOUN
ftr-371	463	4	estimated	estimate	VERB
ftr-371	463	5	that	that	SCONJ
ftr-371	463	6	about	about	ADV
ftr-371	463	7	30	30	NUM
ftr-371	463	8	%	%	NOUN
ftr-371	463	9	of	of	ADP
ftr-371	463	10	active	active	ADJ
ftr-371	463	11	foreign	foreign	ADJ
ftr-371	463	12	source	source	NOUN
ftr-371	463	13	income	income	NOUN
ftr-371	463	14	would	would	AUX
ftr-371	463	15	be	be	AUX
ftr-371	463	16	in	in	ADP
ftr-371	463	17	excess	excess	ADJ
ftr-371	463	18	credit	credit	NOUN
ftr-371	463	19	with	with	ADP
ftr-371	463	20	a	a	DET
ftr-371	463	21	28	28	NUM
ftr-371	463	22	%	%	NOUN
ftr-371	463	23	rate	rate	NOUN
ftr-371	463	24	,	,	PUNCT
ftr-371	463	25	but	but	CCONJ
ftr-371	463	26	that	that	SCONJ
ftr-371	463	27	this	this	DET
ftr-371	463	28	group	group	NOUN
ftr-371	463	29	is	be	AUX
ftr-371	463	30	dominated	dominate	VERB
ftr-371	463	31	by	by	ADP
ftr-371	463	32	petroleum	petroleum	NOUN
ftr-371	463	33	countries	country	NOUN
ftr-371	463	34	;	;	PUNCT
ftr-371	463	35	among	among	ADP
ftr-371	463	36	manufacturing	manufacturing	NOUN
ftr-371	463	37	firms	firm	NOUN
ftr-371	463	38	only	only	ADV
ftr-371	463	39	18	18	NUM
ftr-371	463	40	%	%	NOUN
ftr-371	463	41	of	of	ADP
ftr-371	463	42	income	income	NOUN
ftr-371	463	43	is	be	AUX
ftr-371	463	44	in	in	ADP
ftr-371	463	45	excess	excess	ADJ
ftr-371	463	46	credit	credit	NOUN
ftr-371	463	47	.	.	PUNCT
ftr-371	464	1	even	even	ADV
ftr-371	464	2	with	with	ADP
ftr-371	464	3	excess	excess	ADJ
ftr-371	464	4	credits	credit	NOUN
ftr-371	464	5	,	,	PUNCT
ftr-371	464	6	it	it	PRON
ftr-371	464	7	might	might	AUX
ftr-371	464	8	be	be	AUX
ftr-371	464	9	possible	possible	ADJ
ftr-371	464	10	to	to	PART
ftr-371	464	11	provide	provide	VERB
ftr-371	464	12	more	more	ADV
ftr-371	464	13	separate	separate	ADJ
ftr-371	464	14	baskets	basket	NOUN
ftr-371	464	15	,	,	PUNCT
ftr-371	464	16	such	such	ADJ
ftr-371	464	17	as	as	ADP
ftr-371	464	18	a	a	DET
ftr-371	464	19	basket	basket	NOUN
ftr-371	464	20	for	for	ADP
ftr-371	464	21	oil	oil	NOUN
ftr-371	464	22	production	production	NOUN
ftr-371	464	23	income	income	NOUN
ftr-371	464	24	(	(	PUNCT
ftr-371	464	25	as	as	SCONJ
ftr-371	464	26	was	be	AUX
ftr-371	464	27	allowed	allow	VERB
ftr-371	464	28	in	in	ADP
ftr-371	464	29	the	the	DET
ftr-371	464	30	past	past	NOUN
ftr-371	464	31	)	)	PUNCT
ftr-371	464	32	or	or	CCONJ
ftr-371	464	33	a	a	DET
ftr-371	464	34	per	per	X
ftr-371	464	35	country	country	NOUN
ftr-371	464	36	limit	limit	NOUN
ftr-371	464	37	(	(	PUNCT
ftr-371	464	38	with	with	ADP
ftr-371	464	39	tracing	trace	VERB
ftr-371	464	40	rules	rule	NOUN
ftr-371	464	41	)	)	PUNCT
ftr-371	464	42	to	to	PART
ftr-371	464	43	limit	limit	VERB
ftr-371	464	44	cross	cross	ADJ
ftr-371	464	45	-	-	ADJ
ftr-371	464	46	crediting	crediting	ADJ
ftr-371	464	47	.	.	PUNCT
ftr-371	465	1	a	a	DET
ftr-371	465	2	major	major	ADJ
ftr-371	465	3	benefit	benefit	NOUN
ftr-371	465	4	of	of	ADP
ftr-371	465	5	current	current	ADJ
ftr-371	465	6	taxation	taxation	NOUN
ftr-371	465	7	of	of	ADP
ftr-371	465	8	foreign	foreign	ADJ
ftr-371	465	9	source	source	NOUN
ftr-371	465	10	income	income	NOUN
ftr-371	465	11	is	be	AUX
ftr-371	465	12	that	that	SCONJ
ftr-371	465	13	it	it	PRON
ftr-371	465	14	would	would	AUX
ftr-371	465	15	greatly	greatly	ADV
ftr-371	465	16	reduce	reduce	VERB
ftr-371	465	17	the	the	DET
ftr-371	465	18	opportunities	opportunity	NOUN
ftr-371	465	19	for	for	ADP
ftr-371	465	20	income	income	NOUN
ftr-371	465	21	shifting	shift	VERB
ftr-371	465	22	through	through	ADP
ftr-371	465	23	transfer	transfer	NOUN
ftr-371	465	24	pricing	pricing	NOUN
ftr-371	465	25	,	,	PUNCT
ftr-371	465	26	sourcing	source	VERB
ftr-371	465	27	intangibles	intangible	NOUN
ftr-371	465	28	in	in	ADP
ftr-371	465	29	low	low	ADJ
ftr-371	465	30	-	-	PUNCT
ftr-371	465	31	tax	tax	NOUN
ftr-371	465	32	countries	country	NOUN
ftr-371	465	33	,	,	PUNCT
ftr-371	465	34	and	and	CCONJ
ftr-371	465	35	even	even	ADV
ftr-371	465	36	check	check	VERB
ftr-371	465	37	-	-	PUNCT
ftr-371	465	38	the	the	DET
ftr-371	465	39	-	-	PUNCT
ftr-371	465	40	box	box	NOUN
ftr-371	465	41	.	.	PUNCT
ftr-371	466	1	ending	end	VERB
ftr-371	466	2	deferral	deferral	ADJ
ftr-371	466	3	tends	tend	NOUN
ftr-371	466	4	to	to	PART
ftr-371	466	5	score	score	VERB
ftr-371	466	6	well	well	ADV
ftr-371	466	7	both	both	CCONJ
ftr-371	466	8	on	on	ADP
ftr-371	466	9	achieving	achieve	VERB
ftr-371	466	10	more	more	ADJ
ftr-371	466	11	economic	economic	ADJ
ftr-371	466	12	efficiency	efficiency	NOUN
ftr-371	466	13	(	(	PUNCT
ftr-371	466	14	and	and	CCONJ
ftr-371	466	15	optimality	optimality	NOUN
ftr-371	466	16	for	for	ADP
ftr-371	466	17	the	the	DET
ftr-371	466	18	united	united	PROPN
ftr-371	466	19	states	states	PROPN
ftr-371	466	20	)	)	PUNCT
ftr-371	466	21	and	and	CCONJ
ftr-371	466	22	reducing	reduce	VERB
ftr-371	466	23	opportunities	opportunity	NOUN
ftr-371	466	24	for	for	ADP
ftr-371	466	25	international	international	ADJ
ftr-371	466	26	tax	tax	NOUN
ftr-371	466	27	avoidance	avoidance	NOUN
ftr-371	466	28	.	.	PUNCT
ftr-371	467	1	but	but	CCONJ
ftr-371	467	2	what	what	PRON
ftr-371	467	3	are	be	AUX
ftr-371	467	4	the	the	DET
ftr-371	467	5	drawbacks	drawback	NOUN
ftr-371	467	6	?	?	PUNCT
ftr-371	468	1	one	one	NUM
ftr-371	468	2	such	such	ADJ
ftr-371	468	3	drawback	drawback	NOUN
ftr-371	468	4	is	be	AUX
ftr-371	468	5	the	the	DET
ftr-371	468	6	increased	increase	VERB
ftr-371	468	7	incentive	incentive	NOUN
ftr-371	468	8	for	for	ADP
ftr-371	468	9	corporate	corporate	ADJ
ftr-371	468	10	inversions	inversion	NOUN
ftr-371	468	11	or	or	CCONJ
ftr-371	468	12	for	for	ADP
ftr-371	468	13	originally	originally	ADV
ftr-371	468	14	establishing	establish	VERB
ftr-371	468	15	a	a	DET
ftr-371	468	16	foreign	foreign	ADJ
ftr-371	468	17	headquarters	headquarters	NOUN
ftr-371	468	18	.	.	PUNCT
ftr-371	469	1	the	the	DET
ftr-371	469	2	joint	joint	ADJ
ftr-371	469	3	committee	committee	NOUN
ftr-371	469	4	on	on	ADP
ftr-371	469	5	taxation	taxation	NOUN
ftr-371	469	6	study	study	NOUN
ftr-371	469	7	suggests	suggest	VERB
ftr-371	469	8	the	the	DET
ftr-371	469	9	possibility	possibility	NOUN
ftr-371	469	10	of	of	ADP
ftr-371	469	11	basing	base	VERB
ftr-371	469	12	residence	residence	NOUN
ftr-371	469	13	on	on	ADP
ftr-371	469	14	a	a	DET
ftr-371	469	15	facts	fact	NOUN
ftr-371	469	16	and	and	CCONJ
ftr-371	469	17	circumstances	circumstance	NOUN
ftr-371	469	18	basis	basis	NOUN
ftr-371	469	19	(	(	PUNCT
ftr-371	469	20	such	such	ADJ
ftr-371	469	21	as	as	ADP
ftr-371	469	22	where	where	SCONJ
ftr-371	469	23	management	management	NOUN
ftr-371	469	24	and	and	CCONJ
ftr-371	469	25	control	control	NOUN
ftr-371	469	26	of	of	ADP
ftr-371	469	27	the	the	DET
ftr-371	469	28	company	company	NOUN
ftr-371	469	29	is	be	AUX
ftr-371	469	30	carried	carry	VERB
ftr-371	469	31	out	out	ADP
ftr-371	469	32	)	)	PUNCT
ftr-371	469	33	rather	rather	ADV
ftr-371	469	34	than	than	ADP
ftr-371	469	35	nominal	nominal	ADJ
ftr-371	469	36	incorporation	incorporation	NOUN
ftr-371	469	37	.	.	PUNCT
ftr-371	470	1	another	another	PRON
ftr-371	470	2	,	,	PUNCT
ftr-371	470	3	and	and	CCONJ
ftr-371	470	4	related	relate	VERB
ftr-371	470	5	,	,	PUNCT
ftr-371	470	6	issue	issue	NOUN
ftr-371	470	7	is	be	AUX
ftr-371	470	8	the	the	DET
ftr-371	470	9	increased	increase	VERB
ftr-371	470	10	incentive	incentive	NOUN
ftr-371	470	11	to	to	PART
ftr-371	470	12	make	make	VERB
ftr-371	470	13	portfolio	portfolio	NOUN
ftr-371	470	14	investments	investment	NOUN
ftr-371	470	15	in	in	ADP
ftr-371	470	16	other	other	ADJ
ftr-371	470	17	countries	country	NOUN
ftr-371	470	18	.	.	PUNCT
ftr-371	471	1	it	it	PRON
ftr-371	471	2	is	be	AUX
ftr-371	471	3	not	not	PART
ftr-371	471	4	clear	clear	ADJ
ftr-371	471	5	,	,	PUNCT
ftr-371	471	6	as	as	SCONJ
ftr-371	471	7	discussed	discuss	VERB
ftr-371	471	8	above	above	ADV
ftr-371	471	9	,	,	PUNCT
ftr-371	471	10	that	that	SCONJ
ftr-371	471	11	this	this	DET
ftr-371	471	12	ownership	ownership	NOUN
ftr-371	471	13	non	non	NOUN
ftr-371	471	14	-	-	ADJ
ftr-371	471	15	neutrality	neutrality	NOUN
ftr-371	471	16	would	would	AUX
ftr-371	471	17	contribute	contribute	VERB
ftr-371	471	18	to	to	ADP
ftr-371	471	19	inefficiency	inefficiency	NOUN
ftr-371	471	20	,	,	PUNCT
ftr-371	471	21	but	but	CCONJ
ftr-371	471	22	it	it	PRON
ftr-371	471	23	might	might	AUX
ftr-371	471	24	undermine	undermine	VERB
ftr-371	471	25	revenues	revenue	NOUN
ftr-371	471	26	.	.	PUNCT
ftr-371	472	1	one	one	NUM
ftr-371	472	2	possibility	possibility	NOUN
ftr-371	472	3	would	would	AUX
ftr-371	472	4	be	be	AUX
ftr-371	472	5	to	to	PART
ftr-371	472	6	create	create	VERB
ftr-371	472	7	a	a	DET
ftr-371	472	8	tax	tax	NOUN
ftr-371	472	9	differential	differential	NOUN
ftr-371	472	10	in	in	ADP
ftr-371	472	11	the	the	DET
ftr-371	472	12	united	united	PROPN
ftr-371	472	13	states	states	PROPN
ftr-371	472	14	for	for	ADP
ftr-371	472	15	stock	stock	NOUN
ftr-371	472	16	of	of	ADP
ftr-371	472	17	domestic	domestic	ADJ
ftr-371	472	18	versus	versus	ADP
ftr-371	472	19	foreign	foreign	ADJ
ftr-371	472	20	-	-	PUNCT
ftr-371	472	21	owned	own	VERB
ftr-371	472	22	companies	company	NOUN
ftr-371	472	23	.	.	PUNCT
ftr-371	473	1	when	when	SCONJ
ftr-371	473	2	a	a	DET
ftr-371	473	3	lower	low	ADJ
ftr-371	473	4	dividend	dividend	NOUN
ftr-371	473	5	tax	tax	NOUN
ftr-371	473	6	rate	rate	NOUN
ftr-371	473	7	was	be	AUX
ftr-371	473	8	enacted	enact	VERB
ftr-371	473	9	in	in	ADP
ftr-371	473	10	2003	2003	NUM
ftr-371	473	11	,	,	PUNCT
ftr-371	473	12	it	it	PRON
ftr-371	473	13	was	be	AUX
ftr-371	473	14	not	not	PART
ftr-371	473	15	extended	extend	VERB
ftr-371	473	16	to	to	ADP
ftr-371	473	17	foreign	foreign	ADJ
ftr-371	473	18	stock	stock	NOUN
ftr-371	473	19	where	where	SCONJ
ftr-371	473	20	a	a	DET
ftr-371	473	21	treaty	treaty	NOUN
ftr-371	473	22	did	do	AUX
ftr-371	473	23	not	not	PART
ftr-371	473	24	exist	exist	VERB
ftr-371	473	25	;	;	PUNCT
ftr-371	473	26	such	such	ADJ
ftr-371	473	27	preferential	preferential	ADJ
ftr-371	473	28	treatments	treatment	NOUN
ftr-371	473	29	could	could	AUX
ftr-371	473	30	be	be	AUX
ftr-371	473	31	solely	solely	ADV
ftr-371	473	32	limited	limit	VERB
ftr-371	473	33	to	to	ADP
ftr-371	473	34	stock	stock	NOUN
ftr-371	473	35	of	of	ADP
ftr-371	473	36	companies	company	NOUN
ftr-371	473	37	headquartered	headquarter	VERB
ftr-371	473	38	in	in	ADP
ftr-371	473	39	the	the	DET
ftr-371	473	40	united	united	PROPN
ftr-371	473	41	states	states	PROPN
ftr-371	473	42	.	.	PUNCT
ftr-371	474	1	economic	economic	ADJ
ftr-371	474	2	efficiency	efficiency	NOUN
ftr-371	474	3	and	and	CCONJ
ftr-371	474	4	structural	structural	ADJ
ftr-371	474	5	analyses	analysis	NOUN
ftr-371	474	6	of	of	ADP
ftr-371	474	7	alternative	alternative	ADJ
ftr-371	474	8	u.s	u.s	PROPN
ftr-371	474	9	.	.	PROPN
ftr-371	474	10	tax	tax	NOUN
ftr-371	474	11	policies	policy	NOUN
ftr-371	474	12	for	for	ADP
ftr-371	474	13	foreign	foreign	ADJ
ftr-371	474	14	investment	investment	NOUN
ftr-371	474	15	,	,	PUNCT
ftr-371	474	16	jcx-55	jcx-55	NOUN
ftr-371	474	17	-	-	NUM
ftr-371	474	18	08	08	NUM
ftr-371	474	19	,	,	PUNCT
ftr-371	474	20	jun	jun	PROPN
ftr-371	474	21	.	.	PROPN
ftr-371	474	22	26	26	NUM
ftr-371	474	23	,	,	PUNCT
ftr-371	474	24	2008	2008	NUM
ftr-371	474	25	;	;	PUNCT
ftr-371	474	26	72	72	NUM
ftr-371	474	27	.	.	PUNCT
ftr-371	475	1	harry	harry	PROPN
ftr-371	475	2	grubert	grubert	PROPN
ftr-371	475	3	and	and	CCONJ
ftr-371	475	4	rosanne	rosanne	PROPN
ftr-371	475	5	altshuler	altshuler	NOUN
ftr-371	475	6	,	,	PUNCT
ftr-371	475	7	“	"	PUNCT
ftr-371	475	8	corporate	corporate	ADJ
ftr-371	475	9	taxes	taxis	NOUN
ftr-371	475	10	in	in	ADP
ftr-371	475	11	the	the	DET
ftr-371	475	12	world	world	NOUN
ftr-371	475	13	economy	economy	NOUN
ftr-371	475	14	,	,	PUNCT
ftr-371	475	15	”	"	PUNCT
ftr-371	475	16	in	in	ADP
ftr-371	475	17	fundamental	fundamental	ADJ
ftr-371	475	18	tax	tax	NOUN
ftr-371	475	19	reform	reform	NOUN
ftr-371	475	20	:	:	PUNCT
ftr-371	475	21	issues	issue	NOUN
ftr-371	475	22	,	,	PUNCT
ftr-371	475	23	choices	choice	NOUN
ftr-371	475	24	,	,	PUNCT
ftr-371	475	25	and	and	CCONJ
ftr-371	475	26	implications	implication	NOUN
ftr-371	475	27	,	,	PUNCT
ftr-371	475	28	ed	ed	NOUN
ftr-371	475	29	.	.	PUNCT
ftr-371	476	1	john	john	PROPN
ftr-371	476	2	w.	w.	PROPN
ftr-371	476	3	diamond	diamond	PROPN
ftr-371	476	4	and	and	CCONJ
ftr-371	476	5	george	george	PROPN
ftr-371	476	6	r.	r.	PROPN
ftr-371	476	7	zodrow	zodrow	PROPN
ftr-371	476	8	,	,	PUNCT
ftr-371	476	9	cambridge	cambridge	PROPN
ftr-371	476	10	,	,	PUNCT
ftr-371	476	11	mit	mit	PROPN
ftr-371	476	12	press	press	NOUN
ftr-371	476	13	,	,	PUNCT
ftr-371	476	14	2008	2008	NUM
ftr-371	476	15	.	.	PUNCT
ftr-371	477	1	494	494	NUM
ftr-371	477	2	florida	florida	PROPN
ftr-371	477	3	tax	tax	NOUN
ftr-371	477	4	review	review	NOUN
ftr-371	477	5	[	[	X
ftr-371	477	6	vol	vol	NOUN
ftr-371	477	7	.	.	PUNCT
ftr-371	477	8	9:5	9:5	NUM
ftr-371	477	9	d.	d.	NOUN
ftr-371	477	10	revisions	revision	NOUN
ftr-371	477	11	in	in	ADP
ftr-371	477	12	the	the	DET
ftr-371	477	13	u.s	u.s	PROPN
ftr-371	477	14	.	.	PROPN
ftr-371	477	15	corporate	corporate	ADJ
ftr-371	477	16	tax	tax	NOUN
ftr-371	477	17	if	if	SCONJ
ftr-371	477	18	direct	direct	ADJ
ftr-371	477	19	revisions	revision	NOUN
ftr-371	477	20	in	in	ADP
ftr-371	477	21	international	international	ADJ
ftr-371	477	22	tax	tax	NOUN
ftr-371	477	23	rules	rule	NOUN
ftr-371	477	24	are	be	AUX
ftr-371	477	25	not	not	PART
ftr-371	477	26	made	make	VERB
ftr-371	477	27	,	,	PUNCT
ftr-371	477	28	is	be	AUX
ftr-371	477	29	it	it	PRON
ftr-371	477	30	possible	possible	ADJ
ftr-371	477	31	to	to	PART
ftr-371	477	32	make	make	VERB
ftr-371	477	33	basic	basic	ADJ
ftr-371	477	34	revisions	revision	NOUN
ftr-371	477	35	in	in	ADP
ftr-371	477	36	the	the	DET
ftr-371	477	37	u.s	u.s	PROPN
ftr-371	477	38	.	.	PROPN
ftr-371	477	39	tax	tax	NOUN
ftr-371	477	40	that	that	PRON
ftr-371	477	41	might	might	AUX
ftr-371	477	42	mitigate	mitigate	VERB
ftr-371	477	43	some	some	PRON
ftr-371	477	44	of	of	ADP
ftr-371	477	45	the	the	DET
ftr-371	477	46	international	international	ADJ
ftr-371	477	47	tax	tax	NOUN
ftr-371	477	48	issues	issue	NOUN
ftr-371	477	49	?	?	PUNCT
ftr-371	478	1	the	the	DET
ftr-371	478	2	following	follow	VERB
ftr-371	478	3	revenue	revenue	NOUN
ftr-371	478	4	neutral	neutral	ADJ
ftr-371	478	5	reforms	reform	NOUN
ftr-371	478	6	might	might	AUX
ftr-371	478	7	be	be	AUX
ftr-371	478	8	considered	consider	VERB
ftr-371	478	9	.	.	PUNCT
ftr-371	479	1	lower	lower	VERB
ftr-371	479	2	the	the	DET
ftr-371	479	3	corporate	corporate	ADJ
ftr-371	479	4	rate	rate	NOUN
ftr-371	479	5	and	and	CCONJ
ftr-371	479	6	raise	raise	VERB
ftr-371	479	7	rates	rate	NOUN
ftr-371	479	8	at	at	ADP
ftr-371	479	9	the	the	DET
ftr-371	479	10	individual	individual	ADJ
ftr-371	479	11	level	level	NOUN
ftr-371	479	12	b	b	NOUN
ftr-371	479	13	under	under	ADP
ftr-371	479	14	the	the	DET
ftr-371	479	15	current	current	ADJ
ftr-371	479	16	u.s	u.s	PROPN
ftr-371	479	17	.	.	PROPN
ftr-371	479	18	system	system	NOUN
ftr-371	479	19	,	,	PUNCT
ftr-371	479	20	taxes	taxis	NOUN
ftr-371	479	21	on	on	ADP
ftr-371	479	22	corporate	corporate	ADJ
ftr-371	479	23	profits	profit	NOUN
ftr-371	479	24	at	at	ADP
ftr-371	479	25	the	the	DET
ftr-371	479	26	individual	individual	ADJ
ftr-371	479	27	level	level	NOUN
ftr-371	479	28	(	(	PUNCT
ftr-371	479	29	dividends	dividend	NOUN
ftr-371	479	30	and	and	CCONJ
ftr-371	479	31	capital	capital	NOUN
ftr-371	479	32	gains	gain	NOUN
ftr-371	479	33	)	)	PUNCT
ftr-371	479	34	tend	tend	VERB
ftr-371	479	35	to	to	PART
ftr-371	479	36	be	be	AUX
ftr-371	479	37	collected	collect	VERB
ftr-371	479	38	(	(	PUNCT
ftr-371	479	39	due	due	ADP
ftr-371	479	40	to	to	ADP
ftr-371	479	41	tax	tax	NOUN
ftr-371	479	42	treaties	treaty	NOUN
ftr-371	479	43	)	)	PUNCT
ftr-371	479	44	on	on	ADP
ftr-371	479	45	a	a	DET
ftr-371	479	46	residence	residence	NOUN
ftr-371	479	47	basis	basis	NOUN
ftr-371	479	48	.	.	PUNCT
ftr-371	480	1	if	if	SCONJ
ftr-371	480	2	taxes	taxis	NOUN
ftr-371	480	3	at	at	ADP
ftr-371	480	4	the	the	DET
ftr-371	480	5	individual	individual	ADJ
ftr-371	480	6	level	level	NOUN
ftr-371	480	7	could	could	AUX
ftr-371	480	8	be	be	AUX
ftr-371	480	9	increased	increase	VERB
ftr-371	480	10	and	and	CCONJ
ftr-371	480	11	taxes	taxis	NOUN
ftr-371	480	12	at	at	ADP
ftr-371	480	13	the	the	DET
ftr-371	480	14	corporate	corporate	ADJ
ftr-371	480	15	level	level	NOUN
ftr-371	480	16	decreased	decrease	VERB
ftr-371	480	17	,	,	PUNCT
ftr-371	480	18	the	the	DET
ftr-371	480	19	tax	tax	NOUN
ftr-371	480	20	would	would	AUX
ftr-371	480	21	shift	shift	VERB
ftr-371	480	22	towards	towards	ADP
ftr-371	480	23	a	a	DET
ftr-371	480	24	residence	residence	NOUN
ftr-371	480	25	-	-	PUNCT
ftr-371	480	26	based	base	VERB
ftr-371	480	27	system	system	NOUN
ftr-371	480	28	without	without	ADP
ftr-371	480	29	any	any	DET
ftr-371	480	30	other	other	ADJ
ftr-371	480	31	changes	change	NOUN
ftr-371	480	32	and	and	CCONJ
ftr-371	480	33	without	without	ADP
ftr-371	480	34	any	any	DET
ftr-371	480	35	additional	additional	ADJ
ftr-371	480	36	concerns	concern	NOUN
ftr-371	480	37	about	about	ADP
ftr-371	480	38	portfolio	portfolio	NOUN
ftr-371	480	39	substitution	substitution	NOUN
ftr-371	480	40	.	.	PUNCT
ftr-371	481	1	in	in	ADP
ftr-371	481	2	2003	2003	NUM
ftr-371	481	3	,	,	PUNCT
ftr-371	481	4	relief	relief	NOUN
ftr-371	481	5	for	for	ADP
ftr-371	481	6	double	double	ADJ
ftr-371	481	7	taxation	taxation	NOUN
ftr-371	481	8	was	be	AUX
ftr-371	481	9	provided	provide	VERB
ftr-371	481	10	by	by	ADP
ftr-371	481	11	reducing	reduce	VERB
ftr-371	481	12	the	the	DET
ftr-371	481	13	tax	tax	NOUN
ftr-371	481	14	rate	rate	NOUN
ftr-371	481	15	on	on	ADP
ftr-371	481	16	corporate	corporate	ADJ
ftr-371	481	17	dividends	dividend	NOUN
ftr-371	481	18	from	from	ADP
ftr-371	481	19	the	the	DET
ftr-371	481	20	ordinary	ordinary	ADJ
ftr-371	481	21	tax	tax	NOUN
ftr-371	481	22	rate	rate	NOUN
ftr-371	481	23	to	to	ADP
ftr-371	481	24	15	15	NUM
ftr-371	481	25	%	%	NOUN
ftr-371	481	26	for	for	ADP
ftr-371	481	27	those	those	PRON
ftr-371	481	28	in	in	ADP
ftr-371	481	29	brackets	bracket	NOUN
ftr-371	481	30	above	above	ADP
ftr-371	481	31	the	the	DET
ftr-371	481	32	15	15	NUM
ftr-371	481	33	%	%	NOUN
ftr-371	481	34	rate	rate	NOUN
ftr-371	481	35	,	,	PUNCT
ftr-371	481	36	and	and	CCONJ
ftr-371	481	37	to	to	ADP
ftr-371	481	38	5	5	NUM
ftr-371	481	39	%	%	NOUN
ftr-371	481	40	for	for	ADP
ftr-371	481	41	others	other	NOUN
ftr-371	481	42	.	.	PUNCT
ftr-371	482	1	the	the	DET
ftr-371	482	2	5	5	NUM
ftr-371	482	3	%	%	NOUN
ftr-371	482	4	rate	rate	NOUN
ftr-371	482	5	is	be	AUX
ftr-371	482	6	now	now	ADV
ftr-371	482	7	scheduled	schedule	VERB
ftr-371	482	8	to	to	PART
ftr-371	482	9	fall	fall	VERB
ftr-371	482	10	to	to	ADP
ftr-371	482	11	zero	zero	NUM
ftr-371	482	12	.	.	PUNCT
ftr-371	483	1	capital	capital	NOUN
ftr-371	483	2	gains	gain	NOUN
ftr-371	483	3	tax	tax	NOUN
ftr-371	483	4	rates	rate	NOUN
ftr-371	483	5	were	be	AUX
ftr-371	483	6	lowered	lower	VERB
ftr-371	483	7	from	from	ADP
ftr-371	483	8	20	20	NUM
ftr-371	483	9	%	%	NOUN
ftr-371	483	10	to	to	PART
ftr-371	483	11	15	15	NUM
ftr-371	483	12	%	%	NOUN
ftr-371	483	13	.	.	PUNCT
ftr-371	484	1	according	accord	VERB
ftr-371	484	2	to	to	ADP
ftr-371	484	3	gravelle	gravelle	PROPN
ftr-371	484	4	,	,	PUNCT
ftr-371	484	5	the	the	DET
ftr-371	484	6	35	35	NUM
ftr-371	484	7	%	%	NOUN
ftr-371	484	8	corporate	corporate	ADJ
ftr-371	484	9	tax	tax	NOUN
ftr-371	484	10	rate	rate	NOUN
ftr-371	484	11	could	could	AUX
ftr-371	484	12	have	have	AUX
ftr-371	484	13	been	be	AUX
ftr-371	484	14	rolled	roll	VERB
ftr-371	484	15	back	back	ADV
ftr-371	484	16	to	to	ADP
ftr-371	484	17	a	a	DET
ftr-371	484	18	31	31	NUM
ftr-371	484	19	%	%	NOUN
ftr-371	484	20	rate	rate	NOUN
ftr-371	484	21	,	,	PUNCT
ftr-371	484	22	or	or	CCONJ
ftr-371	484	23	even	even	ADV
ftr-371	484	24	less	less	ADJ
ftr-371	484	25	,	,	PUNCT
ftr-371	484	26	for	for	ADP
ftr-371	484	27	the	the	DET
ftr-371	484	28	same	same	ADJ
ftr-371	484	29	revenue	revenue	NOUN
ftr-371	484	30	cost	cost	NOUN
ftr-371	484	31	if	if	SCONJ
ftr-371	484	32	a	a	DET
ftr-371	484	33	corporate	corporate	ADJ
ftr-371	484	34	rate	rate	NOUN
ftr-371	484	35	reduction	reduction	NOUN
ftr-371	484	36	rather	rather	ADV
ftr-371	484	37	than	than	ADP
ftr-371	484	38	reductions	reduction	NOUN
ftr-371	484	39	in	in	ADP
ftr-371	484	40	the	the	DET
ftr-371	484	41	individual	individual	ADJ
ftr-371	484	42	level	level	NOUN
ftr-371	484	43	tax	tax	NOUN
ftr-371	484	44	had	have	AUX
ftr-371	484	45	occurred	occur	VERB
ftr-371	484	46	.	.	PUNCT
ftr-371	485	1	another	another	DET
ftr-371	485	2	two	two	NUM
ftr-371	485	3	to	to	PART
ftr-371	485	4	three	three	NUM
ftr-371	485	5	percentage	percentage	NOUN
ftr-371	485	6	points	point	NOUN
ftr-371	485	7	would	would	AUX
ftr-371	485	8	be	be	AUX
ftr-371	485	9	possible	possible	ADJ
ftr-371	485	10	if	if	SCONJ
ftr-371	485	11	capital	capital	NOUN
ftr-371	485	12	gains	gain	NOUN
ftr-371	485	13	are	be	AUX
ftr-371	485	14	taxed	tax	VERB
ftr-371	485	15	at	at	ADP
ftr-371	485	16	full	full	ADJ
ftr-371	485	17	rates	rate	NOUN
ftr-371	485	18	.	.	PUNCT
ftr-371	486	1	even	even	ADV
ftr-371	486	2	more	more	ADJ
ftr-371	486	3	revenue	revenue	NOUN
ftr-371	486	4	could	could	AUX
ftr-371	486	5	be	be	AUX
ftr-371	486	6	raised	raise	VERB
ftr-371	486	7	by	by	ADP
ftr-371	486	8	accrual	accrual	ADJ
ftr-371	486	9	taxation	taxation	NOUN
ftr-371	486	10	of	of	ADP
ftr-371	486	11	corporation	corporation	NOUN
ftr-371	486	12	capital	capital	NOUN
ftr-371	486	13	gains.73	gains.73	VERB
ftr-371	486	14	additional	additional	ADJ
ftr-371	486	15	rate	rate	NOUN
ftr-371	486	16	reductions	reduction	NOUN
ftr-371	486	17	would	would	AUX
ftr-371	486	18	be	be	AUX
ftr-371	486	19	possible	possible	ADJ
ftr-371	486	20	if	if	SCONJ
ftr-371	486	21	non	non	ADJ
ftr-371	486	22	-	-	ADJ
ftr-371	486	23	profits	profit	NOUN
ftr-371	486	24	and	and	CCONJ
ftr-371	486	25	pension	pension	NOUN
ftr-371	486	26	and	and	CCONJ
ftr-371	486	27	savings	saving	NOUN
ftr-371	486	28	plans	plan	NOUN
ftr-371	486	29	were	be	AUX
ftr-371	486	30	taxed	tax	VERB
ftr-371	486	31	to	to	PART
ftr-371	486	32	offset	offset	VERB
ftr-371	486	33	their	their	PRON
ftr-371	486	34	savings	saving	NOUN
ftr-371	486	35	from	from	ADP
ftr-371	486	36	lower	low	ADJ
ftr-371	486	37	corporate	corporate	ADJ
ftr-371	486	38	rates	rate	NOUN
ftr-371	486	39	.	.	PUNCT
ftr-371	487	1	broaden	broaden	VERB
ftr-371	487	2	the	the	DET
ftr-371	487	3	u.s	u.s	PROPN
ftr-371	487	4	.	.	PROPN
ftr-371	487	5	corporate	corporate	ADJ
ftr-371	487	6	tax	tax	NOUN
ftr-371	487	7	base	base	NOUN
ftr-371	487	8	and	and	CCONJ
ftr-371	487	9	lower	lower	VERB
ftr-371	487	10	the	the	DET
ftr-371	487	11	statutory	statutory	ADJ
ftr-371	487	12	rate	rate	NOUN
ftr-371	487	13	b	b	PROPN
ftr-371	487	14	since	since	SCONJ
ftr-371	487	15	profit	profit	NOUN
ftr-371	487	16	shifting	shifting	NOUN
ftr-371	487	17	is	be	AUX
ftr-371	487	18	generally	generally	ADV
ftr-371	487	19	motivated	motivate	VERB
ftr-371	487	20	by	by	ADP
ftr-371	487	21	differences	difference	NOUN
ftr-371	487	22	in	in	ADP
ftr-371	487	23	statutory	statutory	ADJ
ftr-371	487	24	tax	tax	NOUN
ftr-371	487	25	rates	rate	NOUN
ftr-371	487	26	,	,	PUNCT
ftr-371	487	27	a	a	DET
ftr-371	487	28	broader	broad	ADJ
ftr-371	487	29	base	base	NOUN
ftr-371	487	30	and	and	CCONJ
ftr-371	487	31	a	a	DET
ftr-371	487	32	lower	low	ADJ
ftr-371	487	33	statutory	statutory	ADJ
ftr-371	487	34	tax	tax	NOUN
ftr-371	487	35	rate	rate	NOUN
ftr-371	487	36	would	would	AUX
ftr-371	487	37	reduce	reduce	VERB
ftr-371	487	38	the	the	DET
ftr-371	487	39	amount	amount	NOUN
ftr-371	487	40	of	of	ADP
ftr-371	487	41	profit	profit	NOUN
ftr-371	487	42	shifting	shifting	NOUN
ftr-371	487	43	.	.	PUNCT
ftr-371	488	1	some	some	PRON
ftr-371	488	2	of	of	ADP
ftr-371	488	3	these	these	DET
ftr-371	488	4	options	option	NOUN
ftr-371	488	5	are	be	AUX
ftr-371	488	6	discussed	discuss	VERB
ftr-371	488	7	in	in	ADP
ftr-371	488	8	gravelle	gravelle	NOUN
ftr-371	488	9	,	,	PUNCT
ftr-371	488	10	including	include	VERB
ftr-371	488	11	a	a	DET
ftr-371	488	12	list	list	NOUN
ftr-371	488	13	of	of	ADP
ftr-371	488	14	preferences	preference	NOUN
ftr-371	488	15	mentioned	mention	VERB
ftr-371	488	16	by	by	ADP
ftr-371	488	17	treasury	treasury	PROPN
ftr-371	488	18	that	that	PRON
ftr-371	488	19	could	could	AUX
ftr-371	488	20	reduce	reduce	VERB
ftr-371	488	21	the	the	DET
ftr-371	488	22	tax	tax	NOUN
ftr-371	488	23	to	to	ADP
ftr-371	488	24	27	27	NUM
ftr-371	488	25	%	%	NOUN
ftr-371	488	26	and	and	CCONJ
ftr-371	488	27	a	a	DET
ftr-371	488	28	bill	bill	NOUN
ftr-371	488	29	,	,	PUNCT
ftr-371	488	30	h.r	h.r	PROPN
ftr-371	488	31	.	.	PROPN
ftr-371	488	32	3790	3790	NUM
ftr-371	488	33	,	,	PUNCT
ftr-371	488	34	introduced	introduce	VERB
ftr-371	488	35	by	by	ADP
ftr-371	488	36	ways	way	NOUN
ftr-371	488	37	and	and	CCONJ
ftr-371	488	38	means	mean	VERB
ftr-371	488	39	chairman	chairman	NOUN
ftr-371	488	40	rangel	rangel	NOUN
ftr-371	488	41	that	that	PRON
ftr-371	488	42	could	could	AUX
ftr-371	488	43	reduce	reduce	VERB
ftr-371	488	44	the	the	DET
ftr-371	488	45	rate	rate	NOUN
ftr-371	488	46	to	to	ADP
ftr-371	488	47	30.5	30.5	NUM
ftr-371	488	48	%	%	NOUN
ftr-371	488	49	,	,	PUNCT
ftr-371	488	50	and	and	CCONJ
ftr-371	488	51	other	other	ADJ
ftr-371	488	52	provisions	provision	NOUN
ftr-371	488	53	including	include	VERB
ftr-371	488	54	indexing	index	VERB
ftr-371	488	55	interest	interest	NOUN
ftr-371	488	56	deductions	deduction	NOUN
ftr-371	488	57	for	for	ADP
ftr-371	488	58	inflation	inflation	NOUN
ftr-371	488	59	,	,	PUNCT
ftr-371	488	60	eliminating	eliminate	VERB
ftr-371	488	61	corporate	corporate	ADJ
ftr-371	488	62	graduated	graduate	VERB
ftr-371	488	63	tax	tax	NOUN
ftr-371	488	64	rates	rate	NOUN
ftr-371	488	65	,	,	PUNCT
ftr-371	488	66	and	and	CCONJ
ftr-371	488	67	repealing	repeal	VERB
ftr-371	488	68	the	the	DET
ftr-371	488	69	title	title	NOUN
ftr-371	488	70	passage	passage	NOUN
ftr-371	488	71	rule.74	rule.74	VERB
ftr-371	488	72	a	a	DET
ftr-371	488	73	major	major	ADJ
ftr-371	488	74	difficulty	difficulty	NOUN
ftr-371	488	75	with	with	ADP
ftr-371	488	76	this	this	DET
ftr-371	488	77	approach	approach	NOUN
ftr-371	488	78	is	be	AUX
ftr-371	488	79	that	that	SCONJ
ftr-371	488	80	there	there	PRON
ftr-371	488	81	are	be	VERB
ftr-371	488	82	a	a	DET
ftr-371	488	83	limited	limited	ADJ
ftr-371	488	84	number	number	NOUN
ftr-371	488	85	of	of	ADP
ftr-371	488	86	items	item	NOUN
ftr-371	488	87	that	that	PRON
ftr-371	488	88	are	be	AUX
ftr-371	488	89	not	not	PART
ftr-371	488	90	extremely	extremely	ADV
ftr-371	488	91	controversial	controversial	ADJ
ftr-371	488	92	or	or	CCONJ
ftr-371	488	93	have	have	VERB
ftr-371	488	94	mixed	mixed	ADJ
ftr-371	488	95	effects	effect	NOUN
ftr-371	488	96	.	.	PUNCT
ftr-371	489	1	one	one	NUM
ftr-371	489	2	of	of	ADP
ftr-371	489	3	the	the	DET
ftr-371	489	4	large	large	ADJ
ftr-371	489	5	revenue	revenue	NOUN
ftr-371	489	6	raisers	raiser	NOUN
ftr-371	489	7	in	in	ADP
ftr-371	489	8	the	the	DET
ftr-371	489	9	treasury	treasury	NOUN
ftr-371	489	10	list	list	NOUN
ftr-371	489	11	is	be	AUX
ftr-371	489	12	accelerated	accelerate	VERB
ftr-371	489	13	depreciation	depreciation	NOUN
ftr-371	489	14	,	,	PUNCT
ftr-371	489	15	and	and	CCONJ
ftr-371	489	16	the	the	DET
ftr-371	489	17	cost	cost	NOUN
ftr-371	489	18	of	of	ADP
ftr-371	489	19	investment	investment	NOUN
ftr-371	489	20	would	would	AUX
ftr-371	489	21	likely	likely	ADV
ftr-371	489	22	rise	rise	VERB
ftr-371	489	23	if	if	SCONJ
ftr-371	489	24	a	a	DET
ftr-371	489	25	rate	rate	NOUN
ftr-371	489	26	reduction	reduction	NOUN
ftr-371	489	27	is	be	AUX
ftr-371	489	28	traded	trade	VERB
ftr-371	489	29	for	for	ADP
ftr-371	489	30	slower	slow	ADJ
ftr-371	489	31	73	73	NUM
ftr-371	489	32	.	.	PUNCT
ftr-371	490	1	jane	jane	PROPN
ftr-371	490	2	g.	g.	PROPN
ftr-371	490	3	gravelle	gravelle	PROPN
ftr-371	490	4	,	,	PUNCT
ftr-371	490	5	reform	reform	NOUN
ftr-371	490	6	of	of	ADP
ftr-371	490	7	international	international	ADJ
ftr-371	490	8	taxation	taxation	NOUN
ftr-371	490	9	:	:	PUNCT
ftr-371	490	10	alternatives	alternative	NOUN
ftr-371	490	11	,	,	PUNCT
ftr-371	490	12	crs	crs	PROPN
ftr-371	490	13	report	report	PROPN
ftr-371	490	14	rl34115	rl34115	PROPN
ftr-371	490	15	,	,	PUNCT
ftr-371	490	16	washington	washington	PROPN
ftr-371	490	17	,	,	PUNCT
ftr-371	490	18	d.c	d.c	PROPN
ftr-371	490	19	.	.	PROPN
ftr-371	490	20	library	library	NOUN
ftr-371	490	21	of	of	ADP
ftr-371	490	22	congress	congress	PROPN
ftr-371	490	23	,	,	PUNCT
ftr-371	490	24	2008	2008	NUM
ftr-371	490	25	.	.	PUNCT
ftr-371	491	1	74	74	NUM
ftr-371	491	2	.	.	PUNCT
ftr-371	491	3	jane	jane	PROPN
ftr-371	491	4	g.	g.	PROPN
ftr-371	491	5	gravelle	gravelle	PROPN
ftr-371	491	6	and	and	CCONJ
ftr-371	491	7	thomas	thomas	PROPN
ftr-371	491	8	l.	l.	PROPN
ftr-371	491	9	hungerford	hungerford	PROPN
ftr-371	491	10	,	,	PUNCT
ftr-371	491	11	corporate	corporate	ADJ
ftr-371	491	12	tax	tax	NOUN
ftr-371	491	13	reform	reform	NOUN
ftr-371	491	14	:	:	PUNCT
ftr-371	491	15	issues	issue	NOUN
ftr-371	491	16	for	for	ADP
ftr-371	491	17	congress	congress	PROPN
ftr-371	491	18	,	,	PUNCT
ftr-371	491	19	congressional	congressional	ADJ
ftr-371	491	20	research	research	NOUN
ftr-371	491	21	service	service	NOUN
ftr-371	491	22	report	report	NOUN
ftr-371	491	23	rl34229	rl34229	PROPN
ftr-371	491	24	,	,	PUNCT
ftr-371	491	25	library	library	NOUN
ftr-371	491	26	of	of	ADP
ftr-371	491	27	congress	congress	PROPN
ftr-371	491	28	,	,	PUNCT
ftr-371	491	29	washington	washington	PROPN
ftr-371	491	30	,	,	PUNCT
ftr-371	491	31	d.c	d.c	PROPN
ftr-371	491	32	.	.	PROPN
ftr-371	491	33	2008	2008	NUM
ftr-371	491	34	.	.	PUNCT
ftr-371	492	1	the	the	DET
ftr-371	492	2	title	title	NOUN
ftr-371	492	3	passage	passage	NOUN
ftr-371	492	4	rule	rule	NOUN
ftr-371	492	5	allows	allow	VERB
ftr-371	492	6	half	half	NOUN
ftr-371	492	7	of	of	ADP
ftr-371	492	8	income	income	NOUN
ftr-371	492	9	to	to	PART
ftr-371	492	10	be	be	AUX
ftr-371	492	11	allocated	allocate	VERB
ftr-371	492	12	to	to	ADP
ftr-371	492	13	the	the	DET
ftr-371	492	14	jurisdiction	jurisdiction	NOUN
ftr-371	492	15	in	in	ADP
ftr-371	492	16	which	which	PRON
ftr-371	492	17	title	title	NOUN
ftr-371	492	18	passes	pass	VERB
ftr-371	492	19	for	for	ADP
ftr-371	492	20	purposes	purpose	NOUN
ftr-371	492	21	of	of	ADP
ftr-371	492	22	the	the	DET
ftr-371	492	23	foreign	foreign	ADJ
ftr-371	492	24	tax	tax	NOUN
ftr-371	492	25	credit	credit	NOUN
ftr-371	492	26	limit	limit	NOUN
ftr-371	492	27	.	.	PUNCT
ftr-371	493	1	it	it	PRON
ftr-371	493	2	generally	generally	ADV
ftr-371	493	3	functions	function	VERB
ftr-371	493	4	as	as	ADP
ftr-371	493	5	an	an	DET
ftr-371	493	6	incentive	incentive	NOUN
ftr-371	493	7	to	to	ADP
ftr-371	493	8	exports	export	NOUN
ftr-371	493	9	,	,	PUNCT
ftr-371	493	10	not	not	PART
ftr-371	493	11	foreign	foreign	ADJ
ftr-371	493	12	investment	investment	NOUN
ftr-371	493	13	.	.	PUNCT
ftr-371	494	1	2009	2009	NUM
ftr-371	494	2	]	]	PUNCT
ftr-371	494	3	international	international	ADJ
ftr-371	494	4	corporate	corporate	ADJ
ftr-371	494	5	tax	tax	NOUN
ftr-371	494	6	reform	reform	NOUN
ftr-371	494	7	495	495	NUM
ftr-371	494	8	depreciation	depreciation	NOUN
ftr-371	494	9	,	,	PUNCT
ftr-371	494	10	since	since	SCONJ
ftr-371	494	11	investment	investment	NOUN
ftr-371	494	12	subsidies	subsidy	NOUN
ftr-371	494	13	have	have	VERB
ftr-371	494	14	more	more	ADJ
ftr-371	494	15	bang	bang	NOUN
ftr-371	494	16	for	for	ADP
ftr-371	494	17	the	the	DET
ftr-371	494	18	buck	buck	NOUN
ftr-371	494	19	.	.	PUNCT
ftr-371	495	1	similarly	similarly	ADV
ftr-371	495	2	,	,	PUNCT
ftr-371	495	3	while	while	SCONJ
ftr-371	495	4	the	the	DET
ftr-371	495	5	production	production	NOUN
ftr-371	495	6	activities	activity	NOUN
ftr-371	495	7	deduction	deduction	NOUN
ftr-371	495	8	is	be	AUX
ftr-371	495	9	a	a	DET
ftr-371	495	10	questionable	questionable	ADJ
ftr-371	495	11	provision	provision	NOUN
ftr-371	495	12	in	in	ADP
ftr-371	495	13	terms	term	NOUN
ftr-371	495	14	of	of	ADP
ftr-371	495	15	administration	administration	NOUN
ftr-371	495	16	and	and	CCONJ
ftr-371	495	17	neutrality	neutrality	NOUN
ftr-371	495	18	,	,	PUNCT
ftr-371	495	19	it	it	PRON
ftr-371	495	20	does	do	AUX
ftr-371	495	21	operate	operate	VERB
ftr-371	495	22	similarly	similarly	ADV
ftr-371	495	23	to	to	ADP
ftr-371	495	24	a	a	DET
ftr-371	495	25	rate	rate	NOUN
ftr-371	495	26	reduction	reduction	NOUN
ftr-371	495	27	and	and	CCONJ
ftr-371	495	28	not	not	PART
ftr-371	495	29	a	a	DET
ftr-371	495	30	great	great	ADJ
ftr-371	495	31	deal	deal	NOUN
ftr-371	495	32	may	may	AUX
ftr-371	495	33	be	be	AUX
ftr-371	495	34	gained	gain	VERB
ftr-371	495	35	from	from	ADP
ftr-371	495	36	that	that	DET
ftr-371	495	37	trade	trade	NOUN
ftr-371	495	38	off	off	ADP
ftr-371	495	39	.	.	PUNCT
ftr-371	496	1	the	the	DET
ftr-371	496	2	indexing	indexing	NOUN
ftr-371	496	3	of	of	ADP
ftr-371	496	4	interest	interest	NOUN
ftr-371	496	5	deductions	deduction	NOUN
ftr-371	496	6	could	could	AUX
ftr-371	496	7	also	also	ADV
ftr-371	496	8	result	result	VERB
ftr-371	496	9	in	in	ADP
ftr-371	496	10	a	a	DET
ftr-371	496	11	reduction	reduction	NOUN
ftr-371	496	12	in	in	ADP
ftr-371	496	13	total	total	ADJ
ftr-371	496	14	capital	capital	NOUN
ftr-371	496	15	net	net	ADJ
ftr-371	496	16	inflows	inflow	NOUN
ftr-371	496	17	into	into	ADP
ftr-371	496	18	the	the	DET
ftr-371	496	19	united	united	PROPN
ftr-371	496	20	states	states	PROPN
ftr-371	496	21	if	if	SCONJ
ftr-371	496	22	debt	debt	NOUN
ftr-371	496	23	is	be	AUX
ftr-371	496	24	more	more	ADV
ftr-371	496	25	mobile	mobile	ADJ
ftr-371	496	26	than	than	ADP
ftr-371	496	27	equity	equity	NOUN
ftr-371	496	28	,	,	PUNCT
ftr-371	496	29	since	since	SCONJ
ftr-371	496	30	this	this	DET
ftr-371	496	31	provision	provision	NOUN
ftr-371	496	32	subsidizes	subsidize	VERB
ftr-371	496	33	debt	debt	NOUN
ftr-371	496	34	capital	capital	NOUN
ftr-371	496	35	.	.	PUNCT
ftr-371	497	1	restrict	restrict	VERB
ftr-371	497	2	the	the	DET
ftr-371	497	3	ability	ability	NOUN
ftr-371	497	4	to	to	PART
ftr-371	497	5	operate	operate	VERB
ftr-371	497	6	in	in	ADP
ftr-371	497	7	the	the	DET
ftr-371	497	8	noncorporate	noncorporate	ADJ
ftr-371	497	9	form	form	NOUN
ftr-371	497	10	b	b	PROPN
ftr-371	497	11	the	the	DET
ftr-371	497	12	treasury	treasury	PROPN
ftr-371	497	13	study	study	NOUN
ftr-371	497	14	issued	issue	VERB
ftr-371	497	15	in	in	ADP
ftr-371	497	16	july	july	PROPN
ftr-371	497	17	of	of	ADP
ftr-371	497	18	2007	2007	NUM
ftr-371	497	19	provided	provide	VERB
ftr-371	497	20	some	some	DET
ftr-371	497	21	dramatic	dramatic	ADJ
ftr-371	497	22	evidence	evidence	NOUN
ftr-371	497	23	about	about	ADP
ftr-371	497	24	the	the	DET
ftr-371	497	25	ease	ease	NOUN
ftr-371	497	26	with	with	ADP
ftr-371	497	27	which	which	PRON
ftr-371	497	28	mid	mid	ADJ
ftr-371	497	29	-	-	ADJ
ftr-371	497	30	sized	sized	ADJ
ftr-371	497	31	and	and	CCONJ
ftr-371	497	32	even	even	ADV
ftr-371	497	33	large	large	ADJ
ftr-371	497	34	firms	firm	NOUN
ftr-371	497	35	are	be	AUX
ftr-371	497	36	able	able	ADJ
ftr-371	497	37	to	to	PART
ftr-371	497	38	operate	operate	VERB
ftr-371	497	39	in	in	ADP
ftr-371	497	40	the	the	DET
ftr-371	497	41	noncorporate	noncorporate	ADJ
ftr-371	497	42	form.75	form.75	PROPN
ftr-371	497	43	income	income	NOUN
ftr-371	497	44	from	from	ADP
ftr-371	497	45	non	non	ADJ
ftr-371	497	46	-	-	ADJ
ftr-371	497	47	corporate	corporate	ADJ
ftr-371	497	48	business	business	NOUN
ftr-371	497	49	grew	grow	VERB
ftr-371	497	50	from	from	ADP
ftr-371	497	51	21	21	NUM
ftr-371	497	52	%	%	NOUN
ftr-371	497	53	in	in	ADP
ftr-371	497	54	1980	1980	NUM
ftr-371	497	55	to	to	ADP
ftr-371	497	56	50	50	NUM
ftr-371	497	57	%	%	NOUN
ftr-371	497	58	in	in	ADP
ftr-371	497	59	2004	2004	NUM
ftr-371	497	60	.	.	PUNCT
ftr-371	498	1	while	while	SCONJ
ftr-371	498	2	sole	sole	ADJ
ftr-371	498	3	proprietorships	proprietorship	NOUN
ftr-371	498	4	declined	decline	VERB
ftr-371	498	5	from	from	ADP
ftr-371	498	6	17	17	NUM
ftr-371	498	7	%	%	NOUN
ftr-371	498	8	to	to	PART
ftr-371	498	9	14	14	NUM
ftr-371	498	10	%	%	NOUN
ftr-371	498	11	,	,	PUNCT
ftr-371	498	12	partnerships	partnership	NOUN
ftr-371	498	13	rose	rise	VERB
ftr-371	498	14	from	from	ADP
ftr-371	498	15	3	3	NUM
ftr-371	498	16	%	%	NOUN
ftr-371	498	17	to	to	PART
ftr-371	498	18	21	21	NUM
ftr-371	498	19	%	%	NOUN
ftr-371	498	20	and	and	CCONJ
ftr-371	498	21	subchapter	subchapter	NOUN
ftr-371	498	22	s	s	PART
ftr-371	498	23	firms	firm	NOUN
ftr-371	498	24	(	(	PUNCT
ftr-371	498	25	incorporated	incorporate	VERB
ftr-371	498	26	firms	firm	NOUN
ftr-371	498	27	that	that	PRON
ftr-371	498	28	can	can	AUX
ftr-371	498	29	elect	elect	VERB
ftr-371	498	30	to	to	PART
ftr-371	498	31	be	be	AUX
ftr-371	498	32	taxed	tax	VERB
ftr-371	498	33	as	as	ADP
ftr-371	498	34	partnerships	partnership	NOUN
ftr-371	498	35	)	)	PUNCT
ftr-371	498	36	from	from	ADP
ftr-371	498	37	3	3	NUM
ftr-371	498	38	%	%	NOUN
ftr-371	498	39	to	to	PART
ftr-371	498	40	15	15	NUM
ftr-371	498	41	%	%	NOUN
ftr-371	498	42	.	.	PUNCT
ftr-371	499	1	subchapter	subchapter	NOUN
ftr-371	499	2	s	s	PART
ftr-371	499	3	firms	firm	NOUN
ftr-371	499	4	are	be	AUX
ftr-371	499	5	limited	limit	VERB
ftr-371	499	6	by	by	ADP
ftr-371	499	7	the	the	DET
ftr-371	499	8	number	number	NOUN
ftr-371	499	9	of	of	ADP
ftr-371	499	10	shareholders	shareholder	NOUN
ftr-371	499	11	b	b	PROPN
ftr-371	499	12	the	the	DET
ftr-371	499	13	limit	limit	NOUN
ftr-371	499	14	of	of	ADP
ftr-371	499	15	10	10	NUM
ftr-371	499	16	was	be	AUX
ftr-371	499	17	raised	raise	VERB
ftr-371	499	18	to	to	ADP
ftr-371	499	19	35	35	NUM
ftr-371	499	20	in	in	ADP
ftr-371	499	21	1982	1982	NUM
ftr-371	499	22	,	,	PUNCT
ftr-371	499	23	to	to	ADP
ftr-371	499	24	75	75	NUM
ftr-371	499	25	in	in	ADP
ftr-371	499	26	1996	1996	NUM
ftr-371	499	27	,	,	PUNCT
ftr-371	499	28	and	and	CCONJ
ftr-371	499	29	to	to	ADP
ftr-371	499	30	100	100	NUM
ftr-371	499	31	in	in	ADP
ftr-371	499	32	2004	2004	NUM
ftr-371	499	33	.	.	PUNCT
ftr-371	500	1	the	the	DET
ftr-371	500	2	expansion	expansion	NOUN
ftr-371	500	3	in	in	ADP
ftr-371	500	4	partnerships	partnership	NOUN
ftr-371	500	5	came	come	VERB
ftr-371	500	6	largely	largely	ADV
ftr-371	500	7	after	after	ADP
ftr-371	500	8	1990	1990	NUM
ftr-371	500	9	and	and	CCONJ
ftr-371	500	10	presumably	presumably	ADV
ftr-371	500	11	reflected	reflect	VERB
ftr-371	500	12	the	the	DET
ftr-371	500	13	new	new	ADJ
ftr-371	500	14	forms	form	NOUN
ftr-371	500	15	of	of	ADP
ftr-371	500	16	firms	firm	NOUN
ftr-371	500	17	recognized	recognize	VERB
ftr-371	500	18	in	in	ADP
ftr-371	500	19	the	the	DET
ftr-371	500	20	states	state	NOUN
ftr-371	500	21	and	and	CCONJ
ftr-371	500	22	check	check	NOUN
ftr-371	500	23	-	-	PUNCT
ftr-371	500	24	thebox	thebox	NOUN
ftr-371	500	25	rules	rule	NOUN
ftr-371	500	26	in	in	ADP
ftr-371	500	27	1997	1997	NUM
ftr-371	500	28	.	.	PUNCT
ftr-371	501	1	the	the	DET
ftr-371	501	2	treasury	treasury	PROPN
ftr-371	501	3	also	also	ADV
ftr-371	501	4	indicated	indicate	VERB
ftr-371	501	5	that	that	SCONJ
ftr-371	501	6	the	the	DET
ftr-371	501	7	u.s	u.s	PROPN
ftr-371	501	8	.	.	PROPN
ftr-371	501	9	has	have	VERB
ftr-371	501	10	much	much	ADV
ftr-371	501	11	more	more	ADJ
ftr-371	501	12	liberal	liberal	ADJ
ftr-371	501	13	rules	rule	NOUN
ftr-371	501	14	for	for	ADP
ftr-371	501	15	allowing	allow	VERB
ftr-371	501	16	non	non	ADJ
ftr-371	501	17	-	-	ADJ
ftr-371	501	18	corporate	corporate	ADJ
ftr-371	501	19	status	status	NOUN
ftr-371	501	20	and	and	CCONJ
ftr-371	501	21	a	a	DET
ftr-371	501	22	more	more	ADV
ftr-371	501	23	prevalent	prevalent	ADJ
ftr-371	501	24	non	non	ADJ
ftr-371	501	25	-	-	ADJ
ftr-371	501	26	corporate	corporate	ADJ
ftr-371	501	27	sector	sector	NOUN
ftr-371	501	28	.	.	PUNCT
ftr-371	502	1	returning	return	VERB
ftr-371	502	2	to	to	ADP
ftr-371	502	3	greater	great	ADJ
ftr-371	502	4	restrictions	restriction	NOUN
ftr-371	502	5	on	on	ADP
ftr-371	502	6	shareholders	shareholder	NOUN
ftr-371	502	7	for	for	ADP
ftr-371	502	8	subchapter	subchapter	NOUN
ftr-371	502	9	s	s	NOUN
ftr-371	502	10	and	and	CCONJ
ftr-371	502	11	restricting	restrict	VERB
ftr-371	502	12	the	the	DET
ftr-371	502	13	ability	ability	NOUN
ftr-371	502	14	of	of	ADP
ftr-371	502	15	large	large	ADJ
ftr-371	502	16	firms	firm	NOUN
ftr-371	502	17	to	to	PART
ftr-371	502	18	operate	operate	VERB
ftr-371	502	19	as	as	ADP
ftr-371	502	20	partnerships	partnership	NOUN
ftr-371	502	21	(	(	PUNCT
ftr-371	502	22	for	for	ADP
ftr-371	502	23	example	example	NOUN
ftr-371	502	24	,	,	PUNCT
ftr-371	502	25	by	by	ADP
ftr-371	502	26	requiring	require	VERB
ftr-371	502	27	corporate	corporate	ADJ
ftr-371	502	28	status	status	NOUN
ftr-371	502	29	in	in	ADP
ftr-371	502	30	any	any	DET
ftr-371	502	31	case	case	NOUN
ftr-371	502	32	of	of	ADP
ftr-371	502	33	limited	limited	ADJ
ftr-371	502	34	liability	liability	NOUN
ftr-371	502	35	)	)	PUNCT
ftr-371	502	36	would	would	AUX
ftr-371	502	37	increase	increase	VERB
ftr-371	502	38	revenues	revenue	NOUN
ftr-371	502	39	and	and	CCONJ
ftr-371	502	40	allow	allow	VERB
ftr-371	502	41	a	a	DET
ftr-371	502	42	much	much	ADV
ftr-371	502	43	lower	low	ADJ
ftr-371	502	44	corporate	corporate	ADJ
ftr-371	502	45	tax	tax	NOUN
ftr-371	502	46	rate	rate	NOUN
ftr-371	502	47	.	.	PUNCT
ftr-371	503	1	change	change	VERB
ftr-371	503	2	the	the	DET
ftr-371	503	3	basic	basic	ADJ
ftr-371	503	4	nature	nature	NOUN
ftr-371	503	5	of	of	ADP
ftr-371	503	6	the	the	DET
ftr-371	503	7	tax	tax	NOUN
ftr-371	503	8	system	system	NOUN
ftr-371	503	9	b	b	PROPN
ftr-371	503	10	a	a	DET
ftr-371	503	11	final	final	ADJ
ftr-371	503	12	approach	approach	NOUN
ftr-371	503	13	is	be	AUX
ftr-371	503	14	to	to	PART
ftr-371	503	15	change	change	VERB
ftr-371	503	16	the	the	DET
ftr-371	503	17	fundamental	fundamental	ADJ
ftr-371	503	18	nature	nature	NOUN
ftr-371	503	19	of	of	ADP
ftr-371	503	20	the	the	DET
ftr-371	503	21	system	system	NOUN
ftr-371	503	22	.	.	PUNCT
ftr-371	504	1	a	a	DET
ftr-371	504	2	recent	recent	ADJ
ftr-371	504	3	proposal	proposal	NOUN
ftr-371	504	4	made	make	VERB
ftr-371	504	5	by	by	ADP
ftr-371	504	6	kleinbard	kleinbard	NOUN
ftr-371	504	7	,	,	PUNCT
ftr-371	504	8	for	for	ADP
ftr-371	504	9	example	example	NOUN
ftr-371	504	10	,	,	PUNCT
ftr-371	504	11	would	would	AUX
ftr-371	504	12	require	require	VERB
ftr-371	504	13	that	that	SCONJ
ftr-371	504	14	all	all	DET
ftr-371	504	15	businesses	business	NOUN
ftr-371	504	16	pay	pay	VERB
ftr-371	504	17	the	the	DET
ftr-371	504	18	same	same	ADJ
ftr-371	504	19	tax	tax	NOUN
ftr-371	504	20	with	with	ADP
ftr-371	504	21	riskless	riskless	NOUN
ftr-371	504	22	returns	return	NOUN
ftr-371	504	23	taxed	tax	VERB
ftr-371	504	24	at	at	ADP
ftr-371	504	25	the	the	DET
ftr-371	504	26	individual	individual	ADJ
ftr-371	504	27	level	level	NOUN
ftr-371	504	28	and	and	CCONJ
ftr-371	504	29	the	the	DET
ftr-371	504	30	corporate	corporate	ADJ
ftr-371	504	31	tax	tax	NOUN
ftr-371	504	32	applies	apply	VERB
ftr-371	504	33	to	to	ADP
ftr-371	504	34	excess	excess	ADJ
ftr-371	504	35	returns.76	returns.76	NOUN
ftr-371	504	36	this	this	DET
ftr-371	504	37	approach	approach	NOUN
ftr-371	504	38	combines	combine	VERB
ftr-371	504	39	elements	element	NOUN
ftr-371	504	40	of	of	ADP
ftr-371	504	41	some	some	PRON
ftr-371	504	42	of	of	ADP
ftr-371	504	43	the	the	DET
ftr-371	504	44	proposals	proposal	NOUN
ftr-371	504	45	above	above	ADP
ftr-371	504	46	,	,	PUNCT
ftr-371	504	47	particular	particular	ADJ
ftr-371	504	48	treating	treat	VERB
ftr-371	504	49	debt	debt	NOUN
ftr-371	504	50	and	and	CCONJ
ftr-371	504	51	equity	equity	NOUN
ftr-371	504	52	and	and	CCONJ
ftr-371	504	53	corporate	corporate	ADJ
ftr-371	504	54	and	and	CCONJ
ftr-371	504	55	non	non	ADJ
ftr-371	504	56	-	-	ADJ
ftr-371	504	57	corporate	corporate	ADJ
ftr-371	504	58	firms	firm	NOUN
ftr-371	504	59	the	the	DET
ftr-371	504	60	same	same	ADJ
ftr-371	504	61	,	,	PUNCT
ftr-371	504	62	is	be	AUX
ftr-371	504	63	a	a	DET
ftr-371	504	64	form	form	NOUN
ftr-371	504	65	of	of	ADP
ftr-371	504	66	integration	integration	NOUN
ftr-371	504	67	,	,	PUNCT
ftr-371	504	68	and	and	CCONJ
ftr-371	504	69	shifts	shift	NOUN
ftr-371	504	70	more	more	ADJ
ftr-371	504	71	of	of	ADP
ftr-371	504	72	the	the	DET
ftr-371	504	73	tax	tax	NOUN
ftr-371	504	74	burden	burden	NOUN
ftr-371	504	75	back	back	ADV
ftr-371	504	76	to	to	ADP
ftr-371	504	77	the	the	DET
ftr-371	504	78	individual	individual	ADJ
ftr-371	504	79	level	level	NOUN
ftr-371	504	80	.	.	PUNCT
ftr-371	505	1	such	such	DET
ftr-371	505	2	a	a	DET
ftr-371	505	3	proposal	proposal	NOUN
ftr-371	505	4	might	might	AUX
ftr-371	505	5	be	be	AUX
ftr-371	505	6	explored	explore	VERB
ftr-371	505	7	,	,	PUNCT
ftr-371	505	8	although	although	SCONJ
ftr-371	505	9	it	it	PRON
ftr-371	505	10	already	already	ADV
ftr-371	505	11	has	have	VERB
ftr-371	505	12	its	its	PRON
ftr-371	505	13	critics	critic	NOUN
ftr-371	505	14	and	and	CCONJ
ftr-371	505	15	would	would	AUX
ftr-371	505	16	probably	probably	ADV
ftr-371	505	17	face	face	VERB
ftr-371	505	18	some	some	DET
ftr-371	505	19	barriers	barrier	NOUN
ftr-371	505	20	,	,	PUNCT
ftr-371	505	21	both	both	CCONJ
ftr-371	505	22	technical	technical	ADJ
ftr-371	505	23	and	and	CCONJ
ftr-371	505	24	political.77	political.77	NOUN
ftr-371	505	25	75	75	NUM
ftr-371	505	26	.	.	PUNCT
ftr-371	506	1	united	united	PROPN
ftr-371	506	2	states	states	PROPN
ftr-371	506	3	department	department	PROPN
ftr-371	506	4	of	of	ADP
ftr-371	506	5	the	the	DET
ftr-371	506	6	treasury	treasury	PROPN
ftr-371	506	7	,	,	PUNCT
ftr-371	506	8	treasury	treasury	PROPN
ftr-371	506	9	tax	tax	NOUN
ftr-371	506	10	conference	conference	NOUN
ftr-371	506	11	on	on	ADP
ftr-371	506	12	business	business	NOUN
ftr-371	506	13	taxation	taxation	NOUN
ftr-371	506	14	and	and	CCONJ
ftr-371	506	15	global	global	ADJ
ftr-371	506	16	competitiveness	competitiveness	NOUN
ftr-371	506	17	:	:	PUNCT
ftr-371	506	18	background	background	NOUN
ftr-371	506	19	paper	paper	NOUN
ftr-371	506	20	,	,	PUNCT
ftr-371	506	21	jul	jul	PROPN
ftr-371	506	22	.	.	PROPN
ftr-371	506	23	30	30	NUM
ftr-371	506	24	,	,	PUNCT
ftr-371	506	25	2007	2007	NUM
ftr-371	506	26	at	at	ADP
ftr-371	506	27	[	[	X
ftr-371	506	28	http://www.ustreas.gov/press/releases/hp500.htm	http://www.ustreas.gov/press/releases/hp500.htm	X
ftr-371	506	29	]	]	PUNCT
ftr-371	506	30	.	.	PUNCT
ftr-371	507	1	76	76	NUM
ftr-371	507	2	.	.	PUNCT
ftr-371	508	1	see	see	VERB
ftr-371	508	2	edward	edward	PROPN
ftr-371	508	3	kleinbard	kleinbard	PROPN
ftr-371	508	4	,	,	PUNCT
ftr-371	508	5	rehabilitating	rehabilitate	VERB
ftr-371	508	6	the	the	DET
ftr-371	508	7	business	business	NOUN
ftr-371	508	8	income	income	NOUN
ftr-371	508	9	tax	tax	NOUN
ftr-371	508	10	,	,	PUNCT
ftr-371	508	11	the	the	DET
ftr-371	508	12	amilton	amilton	NOUN
ftr-371	508	13	project	project	NOUN
ftr-371	508	14	,	,	PUNCT
ftr-371	508	15	discussion	discussion	NOUN
ftr-371	508	16	paper	paper	NOUN
ftr-371	508	17	2007	2007	NUM
ftr-371	508	18	-	-	SYM
ftr-371	508	19	09	09	NUM
ftr-371	508	20	,	,	PUNCT
ftr-371	508	21	washington	washington	PROPN
ftr-371	508	22	,	,	PUNCT
ftr-371	508	23	d.c	d.c	PROPN
ftr-371	508	24	.	.	PROPN
ftr-371	508	25	,	,	PUNCT
ftr-371	508	26	the	the	DET
ftr-371	508	27	brookings	brookings	PROPN
ftr-371	508	28	institution	institution	NOUN
ftr-371	508	29	,	,	PUNCT
ftr-371	508	30	2007	2007	NUM
ftr-371	508	31	.	.	PUNCT
ftr-371	509	1	posted	post	VERB
ftr-371	509	2	at	at	ADP
ftr-371	509	3	:	:	PUNCT
ftr-371	510	1	[	[	X
ftr-371	510	2	http://www.brookings.edu/~/media/files/rc/papers/	http://www.brookings.edu/~/media/files/rc/papers/	PROPN
ftr-371	510	3	2007/06corporatetaxes	2007/06corporatetaxe	VERB
ftr-371	510	4	_	_	PROPN
ftr-371	510	5	kleinbard/200706kleinbard.pdf	kleinbard/200706kleinbard.pdf	NOUN
ftr-371	510	6	]	]	PUNCT
ftr-371	510	7	.	.	PUNCT
ftr-371	511	1	77	77	NUM
ftr-371	511	2	.	.	PUNCT
ftr-371	512	1	see	see	VERB
ftr-371	512	2	alvin	alvin	PROPN
ftr-371	512	3	c	c	PROPN
ftr-371	512	4	,	,	PUNCT
ftr-371	512	5	warren	warren	PROPN
ftr-371	512	6	,	,	PUNCT
ftr-371	512	7	the	the	DET
ftr-371	512	8	business	business	NOUN
ftr-371	512	9	enterprise	enterprise	NOUN
ftr-371	512	10	income	income	NOUN
ftr-371	512	11	tax	tax	NOUN
ftr-371	512	12	:	:	PUNCT
ftr-371	512	13	a	a	DET
ftr-371	512	14	first	first	ADJ
ftr-371	512	15	appraisal	appraisal	NOUN
ftr-371	512	16	,	,	PUNCT
ftr-371	512	17	tax	tax	NOUN
ftr-371	512	18	notes	note	NOUN
ftr-371	512	19	feb	feb	PROPN
ftr-371	512	20	.	.	PROPN
ftr-371	512	21	25	25	NUM
ftr-371	512	22	,	,	PUNCT
ftr-371	512	23	2008	2008	NUM
ftr-371	512	24	,	,	PUNCT
ftr-371	512	25	pp	pp	ADJ
ftr-371	512	26	.	.	PUNCT
ftr-371	513	1	921	921	NUM
ftr-371	513	2	-	-	SYM
ftr-371	513	3	939	939	NUM
ftr-371	513	4	.	.	PUNCT
ftr-371	514	1	for	for	ADP
ftr-371	514	2	a	a	DET
ftr-371	514	3	rejoinder	rejoinder	NOUN
ftr-371	514	4	,	,	PUNCT
ftr-371	514	5	see	see	VERB
ftr-371	514	6	the	the	DET
ftr-371	514	7	letter	letter	NOUN
ftr-371	514	8	to	to	ADP
ftr-371	514	9	the	the	DET
ftr-371	514	10	editor	editor	NOUN
ftr-371	514	11	from	from	ADP
ftr-371	514	12	kelinbard	kelinbard	PROPN
ftr-371	514	13	,	,	PUNCT
ftr-371	514	14	tax	tax	NOUN
ftr-371	514	15	notes	note	NOUN
ftr-371	514	16	,	,	PUNCT
ftr-371	514	17	mar	mar	PROPN
ftr-371	514	18	.	.	PROPN
ftr-371	514	19	3	3	NUM
ftr-371	514	20	,	,	PUNCT
ftr-371	514	21	2008	2008	NUM
ftr-371	514	22	,	,	PUNCT
ftr-371	514	23	pp	pp	ADJ
ftr-371	514	24	.	.	PUNCT
ftr-371	514	25	1043	1043	NUM
ftr-371	514	26	-	-	SYM
ftr-371	514	27	1048	1048	NUM
ftr-371	514	28	.	.	PUNCT
ftr-371	515	1	for	for	ADP
ftr-371	515	2	further	further	ADJ
ftr-371	515	3	reply	reply	NOUN
ftr-371	515	4	see	see	VERB
ftr-371	515	5	warren	warren	PROPN
ftr-371	515	6	=	=	PROPN
ftr-371	515	7	s	s	PART
ftr-371	515	8	496	496	NUM
ftr-371	515	9	florida	florida	PROPN
ftr-371	515	10	tax	tax	NOUN
ftr-371	515	11	review	review	NOUN
ftr-371	515	12	[	[	X
ftr-371	515	13	vol	vol	NOUN
ftr-371	515	14	.	.	PUNCT
ftr-371	515	15	9:5	9:5	NUM
ftr-371	515	16	v.	v.	ADP
ftr-371	515	17	conclusion	conclusion	NOUN
ftr-371	515	18	our	our	PRON
ftr-371	515	19	current	current	ADJ
ftr-371	515	20	stance	stance	NOUN
ftr-371	515	21	on	on	ADP
ftr-371	515	22	international	international	ADJ
ftr-371	515	23	taxation	taxation	NOUN
ftr-371	515	24	involves	involve	VERB
ftr-371	515	25	both	both	DET
ftr-371	515	26	misallocation	misallocation	NOUN
ftr-371	515	27	of	of	ADP
ftr-371	515	28	investment	investment	NOUN
ftr-371	515	29	and	and	CCONJ
ftr-371	515	30	considerable	considerable	ADJ
ftr-371	515	31	scope	scope	NOUN
ftr-371	515	32	for	for	ADP
ftr-371	515	33	tax	tax	NOUN
ftr-371	515	34	avoidance	avoidance	NOUN
ftr-371	515	35	,	,	PUNCT
ftr-371	515	36	not	not	PART
ftr-371	515	37	only	only	ADV
ftr-371	515	38	for	for	ADP
ftr-371	515	39	avoiding	avoid	VERB
ftr-371	515	40	tax	tax	NOUN
ftr-371	515	41	on	on	ADP
ftr-371	515	42	foreign	foreign	ADJ
ftr-371	515	43	source	source	NOUN
ftr-371	515	44	income	income	NOUN
ftr-371	515	45	but	but	CCONJ
ftr-371	515	46	also	also	ADV
ftr-371	515	47	shifting	shift	VERB
ftr-371	515	48	profits	profit	NOUN
ftr-371	515	49	from	from	ADP
ftr-371	515	50	the	the	DET
ftr-371	515	51	domestic	domestic	ADJ
ftr-371	515	52	economy	economy	NOUN
ftr-371	515	53	to	to	ADP
ftr-371	515	54	foreign	foreign	ADJ
ftr-371	515	55	jurisdictions	jurisdiction	NOUN
ftr-371	515	56	.	.	PUNCT
ftr-371	516	1	the	the	DET
ftr-371	516	2	analysis	analysis	NOUN
ftr-371	516	3	in	in	ADP
ftr-371	516	4	this	this	DET
ftr-371	516	5	paper	paper	NOUN
ftr-371	516	6	suggests	suggest	VERB
ftr-371	516	7	that	that	SCONJ
ftr-371	516	8	proposals	proposal	NOUN
ftr-371	516	9	to	to	PART
ftr-371	516	10	move	move	VERB
ftr-371	516	11	to	to	ADP
ftr-371	516	12	a	a	DET
ftr-371	516	13	source	source	NOUN
ftr-371	516	14	-	-	PUNCT
ftr-371	516	15	based	base	VERB
ftr-371	516	16	or	or	CCONJ
ftr-371	516	17	territorial	territorial	ADJ
ftr-371	516	18	tax	tax	NOUN
ftr-371	516	19	,	,	PUNCT
ftr-371	516	20	which	which	PRON
ftr-371	516	21	have	have	AUX
ftr-371	516	22	been	be	AUX
ftr-371	516	23	proposed	propose	VERB
ftr-371	516	24	by	by	ADP
ftr-371	516	25	businesses	business	NOUN
ftr-371	516	26	,	,	PUNCT
ftr-371	516	27	by	by	ADP
ftr-371	516	28	some	some	DET
ftr-371	516	29	academics	academic	NOUN
ftr-371	516	30	,	,	PUNCT
ftr-371	516	31	and	and	CCONJ
ftr-371	516	32	by	by	ADP
ftr-371	516	33	the	the	DET
ftr-371	516	34	president	president	NOUN
ftr-371	516	35	=	=	PROPN
ftr-371	516	36	s	s	PART
ftr-371	516	37	advisory	advisory	ADJ
ftr-371	516	38	panel	panel	NOUN
ftr-371	516	39	,	,	PUNCT
ftr-371	516	40	would	would	AUX
ftr-371	516	41	exacerbate	exacerbate	VERB
ftr-371	516	42	both	both	PRON
ftr-371	516	43	of	of	ADP
ftr-371	516	44	those	those	DET
ftr-371	516	45	problems	problem	NOUN
ftr-371	516	46	.	.	PUNCT
ftr-371	517	1	with	with	ADP
ftr-371	517	2	a	a	DET
ftr-371	517	3	territorial	territorial	ADJ
ftr-371	517	4	system	system	NOUN
ftr-371	517	5	,	,	PUNCT
ftr-371	517	6	other	other	ADJ
ftr-371	517	7	provisions	provision	NOUN
ftr-371	517	8	such	such	ADJ
ftr-371	517	9	as	as	ADP
ftr-371	517	10	formula	formula	NOUN
ftr-371	517	11	apportionment	apportionment	NOUN
ftr-371	517	12	or	or	CCONJ
ftr-371	517	13	current	current	ADJ
ftr-371	517	14	taxation	taxation	NOUN
ftr-371	517	15	of	of	ADP
ftr-371	517	16	income	income	NOUN
ftr-371	517	17	earned	earn	VERB
ftr-371	517	18	in	in	ADP
ftr-371	517	19	low	low	ADJ
ftr-371	517	20	-	-	PUNCT
ftr-371	517	21	income	income	NOUN
ftr-371	517	22	systems	system	NOUN
ftr-371	517	23	would	would	AUX
ftr-371	517	24	likely	likely	ADV
ftr-371	517	25	be	be	AUX
ftr-371	517	26	needed	need	VERB
ftr-371	517	27	to	to	PART
ftr-371	517	28	limit	limit	VERB
ftr-371	517	29	shifting	shift	VERB
ftr-371	517	30	of	of	ADP
ftr-371	517	31	profits	profit	NOUN
ftr-371	517	32	.	.	PUNCT
ftr-371	518	1	a	a	DET
ftr-371	518	2	worldwide	worldwide	ADJ
ftr-371	518	3	system	system	NOUN
ftr-371	518	4	,	,	PUNCT
ftr-371	518	5	while	while	SCONJ
ftr-371	518	6	eliminating	eliminate	VERB
ftr-371	518	7	the	the	DET
ftr-371	518	8	benefits	benefit	NOUN
ftr-371	518	9	of	of	ADP
ftr-371	518	10	profit	profit	NOUN
ftr-371	518	11	shifting	shift	VERB
ftr-371	518	12	by	by	ADP
ftr-371	518	13	u.s	u.s	PROPN
ftr-371	518	14	.	.	PROPN
ftr-371	518	15	firms	firm	NOUN
ftr-371	518	16	would	would	AUX
ftr-371	518	17	face	face	VERB
ftr-371	518	18	the	the	DET
ftr-371	518	19	problem	problem	NOUN
ftr-371	518	20	of	of	ADP
ftr-371	518	21	shifting	shift	VERB
ftr-371	518	22	residency	residency	NOUN
ftr-371	518	23	,	,	PUNCT
ftr-371	518	24	so	so	SCONJ
ftr-371	518	25	that	that	SCONJ
ftr-371	518	26	such	such	DET
ftr-371	518	27	a	a	DET
ftr-371	518	28	shift	shift	NOUN
ftr-371	518	29	might	might	AUX
ftr-371	518	30	need	need	VERB
ftr-371	518	31	to	to	PART
ftr-371	518	32	be	be	AUX
ftr-371	518	33	accompanied	accompany	VERB
ftr-371	518	34	with	with	ADP
ftr-371	518	35	other	other	ADJ
ftr-371	518	36	measures	measure	NOUN
ftr-371	518	37	,	,	PUNCT
ftr-371	518	38	such	such	ADJ
ftr-371	518	39	as	as	ADP
ftr-371	518	40	determining	determine	VERB
ftr-371	518	41	residency	residency	NOUN
ftr-371	518	42	by	by	ADP
ftr-371	518	43	a	a	DET
ftr-371	518	44	facts	fact	NOUN
ftr-371	518	45	and	and	CCONJ
ftr-371	518	46	circumstances	circumstance	NOUN
ftr-371	518	47	rule	rule	VERB
ftr-371	518	48	and	and	CCONJ
ftr-371	518	49	perhaps	perhaps	ADV
ftr-371	518	50	taxing	tax	VERB
ftr-371	518	51	foreign	foreign	ADJ
ftr-371	518	52	and	and	CCONJ
ftr-371	518	53	domestic	domestic	ADJ
ftr-371	518	54	corporations	corporation	NOUN
ftr-371	518	55	differently	differently	ADV
ftr-371	518	56	at	at	ADP
ftr-371	518	57	the	the	DET
ftr-371	518	58	individual	individual	ADJ
ftr-371	518	59	level	level	NOUN
ftr-371	518	60	.	.	PUNCT
ftr-371	519	1	even	even	ADV
ftr-371	519	2	if	if	SCONJ
ftr-371	519	3	we	we	PRON
ftr-371	519	4	retain	retain	VERB
ftr-371	519	5	the	the	DET
ftr-371	519	6	current	current	ADJ
ftr-371	519	7	deferral	deferral	ADJ
ftr-371	519	8	and	and	CCONJ
ftr-371	519	9	credit	credit	NOUN
ftr-371	519	10	system	system	NOUN
ftr-371	519	11	there	there	PRON
ftr-371	519	12	are	be	VERB
ftr-371	519	13	some	some	DET
ftr-371	519	14	provisions	provision	NOUN
ftr-371	519	15	without	without	ADP
ftr-371	519	16	that	that	DET
ftr-371	519	17	framework	framework	NOUN
ftr-371	519	18	that	that	PRON
ftr-371	519	19	might	might	AUX
ftr-371	519	20	address	address	VERB
ftr-371	519	21	avoidance	avoidance	NOUN
ftr-371	519	22	and	and	CCONJ
ftr-371	519	23	misallocation	misallocation	NOUN
ftr-371	519	24	.	.	PUNCT
ftr-371	520	1	finally	finally	ADV
ftr-371	520	2	,	,	PUNCT
ftr-371	520	3	measures	measure	NOUN
ftr-371	520	4	that	that	PRON
ftr-371	520	5	would	would	AUX
ftr-371	520	6	shift	shift	VERB
ftr-371	520	7	the	the	DET
ftr-371	520	8	tax	tax	NOUN
ftr-371	520	9	burden	burden	NOUN
ftr-371	520	10	from	from	ADP
ftr-371	520	11	the	the	DET
ftr-371	520	12	firm	firm	ADJ
ftr-371	520	13	level	level	NOUN
ftr-371	520	14	to	to	ADP
ftr-371	520	15	the	the	DET
ftr-371	520	16	individual	individual	ADJ
ftr-371	520	17	level	level	NOUN
ftr-371	520	18	and/or	and/or	CCONJ
ftr-371	520	19	that	that	PRON
ftr-371	520	20	would	would	AUX
ftr-371	520	21	expand	expand	VERB
ftr-371	520	22	the	the	DET
ftr-371	520	23	base	base	NOUN
ftr-371	520	24	of	of	ADP
ftr-371	520	25	corporate	corporate	ADJ
ftr-371	520	26	taxation	taxation	NOUN
ftr-371	520	27	and	and	CCONJ
ftr-371	520	28	permit	permit	VERB
ftr-371	520	29	lower	low	ADJ
ftr-371	520	30	rates	rate	NOUN
ftr-371	520	31	could	could	AUX
ftr-371	520	32	be	be	AUX
ftr-371	520	33	considered	consider	VERB
ftr-371	520	34	.	.	PUNCT
ftr-371	521	1	the	the	DET
ftr-371	521	2	barriers	barrier	NOUN
ftr-371	521	3	to	to	ADP
ftr-371	521	4	such	such	ADJ
ftr-371	521	5	changes	change	NOUN
ftr-371	521	6	appear	appear	VERB
ftr-371	521	7	to	to	PART
ftr-371	521	8	be	be	AUX
ftr-371	521	9	largely	largely	ADV
ftr-371	521	10	political	political	ADJ
ftr-371	521	11	,	,	PUNCT
ftr-371	521	12	not	not	PART
ftr-371	521	13	technical	technical	ADJ
ftr-371	521	14	.	.	PUNCT
ftr-371	522	1	letter	letter	NOUN
ftr-371	522	2	to	to	ADP
ftr-371	522	3	the	the	DET
ftr-371	522	4	editor	editor	NOUN
ftr-371	522	5	,	,	PUNCT
ftr-371	522	6	tax	tax	NOUN
ftr-371	522	7	notes	note	NOUN
ftr-371	522	8	,	,	PUNCT
ftr-371	522	9	mar	mar	PROPN
ftr-371	522	10	.	.	PROPN
ftr-371	522	11	17	17	NUM
ftr-371	522	12	,	,	PUNCT
ftr-371	522	13	2008	2008	NUM
ftr-371	522	14	,	,	PUNCT
ftr-371	522	15	pp	pp	ADJ
ftr-371	522	16	.	.	PUNCT
ftr-371	523	1	1254	1254	NUM
ftr-371	523	2	-	-	SYM
ftr-371	523	3	1255	1255	NUM
ftr-371	523	4	and	and	CCONJ
ftr-371	523	5	further	further	ADJ
ftr-371	523	6	rejoinder	rejoinder	NOUN
ftr-371	523	7	by	by	ADP
ftr-371	523	8	kleinbard	kleinbard	PROPN
ftr-371	523	9	.	.	PUNCT
ftr-371	524	1	mar	mar	PROPN
ftr-371	524	2	.	.	PROPN
ftr-371	524	3	31	31	NUM
ftr-371	524	4	,	,	PUNCT
ftr-371	524	5	2008	2008	NUM
ftr-371	524	6	,	,	PUNCT
ftr-371	524	7	pp	pp	ADJ
ftr-371	524	8	.	.	PUNCT
ftr-371	525	1	1417	1417	NUM
ftr-371	525	2	-	-	SYM
ftr-371	525	3	1419	1419	NUM
ftr-371	525	4	.	.	PUNCT