Legislation has been re-introduced that would close a number of offshore tax breaks, eliminating many tax incentives for U.S. companies to move jobs and operations offshore, and modifying the rules on corporate inversions for businesses dodging U.S. taxes. The Joint Committee on Taxation has estimated that provisions similar to those in this bill would raise at least $278 billion in revenue over 10 years.
Posted on: Wed, 14 Jan 2015 20:36:16 +0000
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