Offshore Profit Sharing, Panel 1
Legal experts testified on the findings of a Senate Homeland Security and Governmental Affairs Subcommittee on Investiga…
SENATE HOMELAND SECURITY AND GOVERNMENTAL AFFAIRS-PERMANENT INVESTIGATIONS SUBCOMMITTEE Profit Shifting to Avoid U.S. Taxes A hearing that… read more
SENATE HOMELAND SECURITY AND GOVERNMENTAL AFFAIRS-PERMANENT INVESTIGATIONS SUBCOMMITTEE
Profit Shifting to Avoid U.S. Taxes
A hearing that focuses on how some large corporations avoid U.S. federal income taxes by shifting profits into offshore subsidiaries.
The Subcommittee will look at the structures and methods employed by multinational corporations to shift profits offshore and how such activities are affected by the Internal Revenue Code and related regulations. Witnesses will include representatives from the Department of the Treasury, the Internal Revenue Service, representatives of a multinational corporation, and tax experts.
Apple CEO Tim Cook is coming to testify about stashing more than $100 billion overseas, rather than sending a lower-level executive. He will offer Congress Apple s ideas for comprehensive tax reform - an unusual move for the company into the world of policy.
Apple has legally kept money overseas, allegedly to avoid paying steep U.S. taxes. The iPhone close
Legal experts testified on the findings of a Senate Homeland Security and Governmental Affairs Subcommittee on Investiga…
Apple executives testified on the findings of a Senate Homeland Security and Governmental Affairs Subcommittee on Invest…
Homeland Security Secretary Janet Napolitano testified before the Senate Homeland Security and Governmental Affairs Comm…
Senator Carl Levin (D-MI) talked with reporters after a Homeland Security and Governmental Affairs Subcommittee on Perma…