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O’Melveny Study on Corporate Tax Rates Cited in The Hill’s Congress BlogNovember 25, 2013
A O’Melveny & Myers research study focused on corporate tax rates was cited in a blog post published by The Hill’s Congress Blog, titled “Reform the Obsolete Tax Code to Increase Job-Creating Investment.” The November 25, 2013, piece discusses the trend of slowing foreign direct investment (FDI) inflows into the US and argues that the country’s internationally uncompetitive tax code obstructs growth and investment. The article cites O’Melveny’s finding that “many countries are intentionally reducing their top statutory income tax rate ‘as a direct way to influence FDI decisions by foreign investors.’” The study was co-led by partner Robert Rizzi and was published by the RATE Coalition in 2012.
Rizzi is a member of O’Melveny’s Tax Practice, and splits his time between O’Melveny’s Washington, DC and New York offices.