Five bipartisan working groups of the Senate Finance Committee released reports today reviewing options for tax reform.  The international tax reform group’s report discussed measures including a one-time transition toll charge in connection with a move to a new international tax system, a patent box regime for intellectual property, additional base-erosion measures, and limiting tax breaks related to interest expenses, among many others.

The other four groups focus on individual income tax, business income tax, savings and investment, and community development and infrastructure.