The rule proposal is 75 pages the preamble trying to describe the proposed rule was actually longer than the rule itself. Where do you see that i know that a number of organizations, a number of folks from arizona were a state thats very entrepreneurial and trying to desperately bring in capital and are worried about the sort of tax treatments underlying. I know im getting a little technical, but first where do you see these rule mechanics . Congressman, we issued the 385 rule as part of our effort to make it harder for u. S. Companies to invert, to take u. S. Companies and change the address and avoid u. S. Tax liability. The reason the preamble was a bit lengthy is we raised a number of questions that we wanted to get comment on, so we werent surprised that issues were raised. We raised the issues themselves in the preamble. While we got hundreds of comments, it all comes down to six issues, which we have worked hard at addressing. The purpose of the rule which was to stop inversions
The rule proposal is 75 pages the preamble trying to describe the proposed rule was actually longer than the rule itself. Where do you see that i know that a number of organizations, a number of folks from arizona were a state thats very entrepreneurial and trying to desperately bring in capital and are worried about the sort of tax treatments underlying. I know im getting a little technical, but first where do you see these rule mechanics . Congressman, we issued the 385 rule as part of our effort to make it harder for u. S. Companies to invert, to take u. S. Companies and change the address and avoid u. S. Tax liability. The reason the preamble was a bit lengthy is we raised a number of questions that we wanted to get comment on, so we werent surprised that issues were raised. We raised the issues themselves in the preamble. While we got hundreds of comments, it all comes down to six issues, which we have worked hard at addressing. The purpose of the rule which was to stop inversions
The rule proposal is 75 pages the preamble trying to describe the proposed rule was actually longer than the rule itself. Where do you see that i know that a number of organizations, a number of folks from arizona were a state thats very entrepreneurial and trying to desperately bring in capital and are worried about the sort of tax treatments underlying. I know im getting a little technical, but first where do you see these rule mechanics . Congressman, we issued the 385 rule as part of our effort to make it harder for u. S. Companies to invert, to take u. S. Companies and change the address and avoid u. S. Tax liability. The reason the preamble was a bit lengthy is we raised a number of questions that we wanted to get comment on, so we werent surprised that issues were raised. We raised the issues themselves in the preamble. While we got hundreds of comments, it all comes down to six issues, which we have worked hard at addressing. The purpose of the rule which was to stop inversions
The rule proposal is 75 pages the preamble trying to describe the proposed rule was actually longer than the rule itself. Where do you see that i know that a number of organizations, a number of folks from arizona were a state thats very entrepreneurial and trying to desperately bring in capital and are worried about the sort of tax treatments underlying. I know im getting a little technical, but first where do you see these rule mechanics . Congressman, we issued the 385 rule as part of our effort to make it harder for u. S. Companies to invert, to take u. S. Companies and change the address and avoid u. S. Tax liability. The reason the preamble was a bit lengthy is we raised a number of questions that we wanted to get comment on, so we werent surprised that issues were raised. We raised the issues themselves in the preamble. While we got hundreds of comments, it all comes down to six issues, which we have worked hard at addressing. The purpose of the rule which was to stop inversions