Editor's Note: The following was derived from the U.S. Senate web site page of Carl Levin (D - MI)
On July 12th, Sen. Carl Levin, D-Mich., together with cosponsors Senators Conrad, Bill Nelson, Sanders, Shaheen, and Whitehouse, introduced legislation to close offshore tax loopholes and strengthen offshore tax enforcement.
Targeting $100 billion in lost revenue each year from offshore tax dodges, the bill would:
For more information about the Stop Tax Haven Abuse Act of 2011, visit Sen. Carl Levin's web page at http://levin.senate.gov/newsroom/.
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