International Commerce and Artificial Intelligence after Trump’s “One Big Beautiful Bill Act” Some Opportunities for Foreign Businesses
…m a warehouse in one state to a customer in another state constitute “interstate commerce,” which only Congress has the constitutional right to regulate. Conversely, if you “localize” by establish an office or warehouse in the consumer’s state, you are subject to that state’s local business net income tax, just like a “permanent establishment” under traditional U.S. income tax treaties. To limit local income taxation of interstate sales of goods,…
