Friday, February 24, 2012

GOP Rep. Dave Camp Disappointed That Obama’s Tax Reform Doesn’t Protect Offshore Tax Havens

GOP Rep. Dave Camp Disappointed That Obama’s Tax Reform Doesn’t Protect Offshore Tax Havens: pThe broad corporate tax reform plan released by the Obama administration this week included a provision for a minimum tax on corporate profits earned overseas, a rule aimed at preventing corporations from taking advantage of offshore tax havens like Bermuda and the Cayman Islands. The U.S. loses billions of dollars a year in tax revenue [...]/p

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