In an op-ed piece published 13 September 2016, U.S. Treasury Secretary Jacob Lew says that there is a growing bipartisan consensus on the need to reform the U.S. business tax system, and that the European Commission’s State aid investigations have further highlighted the issue and created additional urgency. According to Lew, the Commission's actions undermine the overall business climate in Europe and threaten the U.S. corporate tax base since U.S. companies could claim foreign tax credits for any tax-related payments to EU Member States. In particular, Lew notes the recent State aid decision requiring Ireland to recover up to EUR...