Destination-Based Tax Could Trigger Market Sell-Off: Goldman Sachs – ValueWalk Premium
Destination-based tax

Destination-Based Tax Could Trigger Market Sell-Off: Goldman Sachs

Goldman Sachs has warned of a market sell-off if Congress passes a Republican proposal to shift to destination-based tax – based on where the goods and services are sold, rather than the place of their origin.

“Whatever the merits of the proposed legislation, we think markets would treat it as an escalation of trade tensions between the U.S. and the rest of the world,” the bank said in a research note Dec. 20 . . .

SORRY!

This content is exclusively for paying members.

If you are subscribed and having an account error please clear cache and cookies if that does not work email [email protected] or click Chat.


X
Saved Articles
X
TextTExtLInkTextTExtLInk
0