But much of that complexity is caused by the divergence between America's system of taxing its firms (and citizens) on their worldwide income and the territorial system used by most other countries.

但是绝大多数的复杂性是由美国企业与公民在其境外收入征税制度与其他多数国家适用范围之间的分歧造成的。

youdao

Under the competing territorial or exemption system, a country taxes a company only on profits earned at home; dividends paid by foreign subsidiaries are exempt.

在地域体系和免税系统内，国家对公司课税都是在国内获得的利润，对从国外获得分红是免税的。

youdao

It was the period of the establishment of the two-party system and the key period of economic and territorial expansion of the country.

这个时期也是美国两党制形成、对外经济扩张和领土扩张的重要时期。

youdao

We could follow the rest of the world and consider some form of territorial system.

FORBES: Would Trimming The U.S. Corporate Tax Rate Matter?

Many other industrialized companies instead use a territorial system, which taxes only income earned at home.

FORBES: Would Trimming The U.S. Corporate Tax Rate Matter?

Mr Romney would end the practice, moving America to a territorial system, the international norm.

ECONOMIST: Taxes, spending and the deficit