Allison Christians is the H. Heward Stikeman Chair in Tax Law, McGill University Employing what Justice Thomas calls a “commonsense approach,” yesterday the Court unanimously decided in favor of the taxpayer with respect to the creditability of a foreign tax in PPL Corp & Subsidiaries v. Commissioner. The Court held that PPL Corp., a U.S. … Continue reading Opinion analysis: U.S. underwrites U.K. tax on privatized energy industry