Cfr.org

When the Services Trade Data Tells You More About Tax Avoidance Than About Actual Trade…

When the Services Trade Data Tells You More About Tax Avoidance Than About Actual Trade… In theory, there is a strong case for trade in services—specialization raises the productivity of all. Yet the ...
Business Insider

Trump wants to reduce the trade deficit. Here's why that matters.

President Donald Trump has long sought to tackle the country's overall trade deficit. The combined goods and services trade deficit hit $918.4 billion in 2024, a big increase from 2023. There hasn't ...
csis.org

Services: How to Boost Trade and Shrink the Deficit at the Same Time

Chances are you do not work in agriculture or in manufacturing. In fact, four out of five jobs in the United States are in “services,” and 75 percent of U.S. GDP is derived from services. Worldwide, ...
JD Supra

Final Section 199A Regulations: Initial Takeaways on Clarification of Definition of "Specified Service Trade or Business"

Since the passage of the Tax Cuts and Jobs Act, business owners and tax practitioners alike have focused on the potential effect of Section 199A. Though it has been clear for some time that the 20% ...
Digital Journal

Digital intelligence empowers the service trade— 2025 China International Fair for Trade in Services concluded successfully

From September 10 to 14, 2025, the 2025 China International Fair for Trade in Services (CIFTIS) was grandly held at the Shougang Park in Beijing and concluded successfully. With the theme of “Digital ...