Azevêdo leaves open possibility that House GOP tax plan can be WTO compliant
World Trade Organization Director-General Roberto Azevêdo said the WTO has a lot of "gray areas" on tax policy, leaving open the possibility that the House Republicans' border adjustability tax plan could be constructed to align with U.S. international obligations while not commenting on the specifics of the proposal. Azevêdo was asked in a Feb. 22 interview with CNBC if the House GOP plan to tax U.S imports while exempting exports would run afoul of WTO rules. "There are certain types...