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Representative Doggett and Senator Whitehouse Introduce Legislation to Close Tax Havens
international |
politics / elections |
news report
Thursday April 06, 2017 15:08 by Greg Williams
Representative Lloyd Doggett (D-TX) and Senator Sheldon Whitehouse (D-RI) introduced versions of the Stop Tax Haven Abuse Act in the House and Senate. Representative Lloyd Doggett (D-TX) and Senator Sheldon Whitehouse (D-RI) introduced versions of the Stop Tax Haven Abuse Act in the House and Senate. The legislation makes it more difficult for multinational corporations to avoid taxes by "offshoring." Doggett also introduced the Corporate Expatriates and Inverters Tax Fairness Act (Corporate EXIT Fairness Act). If passed, it would be more difficult for a corporation to shift its headquarters to a country that has a lower tax rate. |