In an expertly choreographed effort to win public sympathy, . . . our nation's largest and most profitable companies are lobbying Congress to enact special tax relief for "trapped" foreign profits. . . .
Imagine the average American family...
Last week Bloomberg ran a story on how U.S. multinational companies use sophisticated techniques to avoid paying billions in U.S taxes – billions that the rest of us get to make up.
The designers of these tax “maneuvers” are brilliant...
August 10, 2010, the President signed into law the Education, Jobs and Medicaid Assistance Act , P.L. 111-226, which,
although not evident in the name of the Act, contained certain key foreign tax
credit provisions and other rules that significantly...