Taxfoundation iconTaxfoundationSep 9, 2026

The Destination-Based Cash Flow Tax Remains a Strong Option for US Business Tax Reform

A Destination-Based Cash Flow Tax (DBCFT) reduces the tax code's penalty on investment, narrows its bias toward debt over equity, and removes much of the incentive to shift profits abroad.

The Destination-Based Cash Flow Tax Remains a Strong Option for US Business Tax Reform

Share this story

Send the public story page.

Useful takeaways from this story.

A Destination-Based Cash Flow Tax (DBCFT) reduces the tax code's penalty on investment, narrows its bias toward debt over equity, and removes much of the incentive to shift profits abroad.

Building the complete brief

The page is ready to read now. The fuller skim-friendly version will appear here automatically.

The useful part

A Destination-Based Cash Flow Tax (DBCFT) reduces the tax code's penalty on investment, narrows its bias toward debt over equity, and removes much of the incentive to shift profits abroad.

Keep reading in the app

Open the app view to save this story, compare related coverage, and continue from the same source.

Open in app