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Transcripts For CSPAN2 Key Capitol Hill Hearings 20140520

Taxpayers. The issue that we seek to address is known technically as corporate inversion. The details of inversion sound complex, but the principle is not. Inversion means avoiding potentially billions of dollars in u. S. Taxes by changing a corporations address for tax purposes to an offshore location. What we have here is a taxable scheme, an enormous loophole that allows companies to avoid billions in taxes without any significant change in where they operate, where their profits are generated, where the location of the executives who manage and control these corporations. A recent prominent example involves pfizer, a u. S. Drug company, and astrozeneca, a u. S. Based company. This corporate takeover which pfizer makes abundantly clear is all about avoiding u. S. Taxes has gotten a lot of attention and for good reason. It would cost the United States about a billion dollars a year in tax revenue. But this is not just about two companies. This is not just about one merger. Even a mer

FALLEN HEROES : Memorial Day service honors those who gave all - The Daily Reporter

FALLEN HEROES : Memorial Day service honors those who gave all - The Daily Reporter
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Blake Dahl is GOP pick for Superior Court 2 judge

Blake Dahl is GOP pick for Superior Court 2 judge
kokomotribune.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from kokomotribune.com Daily Mail and Mail on Sunday newspapers.

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