Thursday, July 24, 2014

Obama to Urge End to Loophole Letting Firms Shield Profits Abroad - NYTimes.com

Obama to Urge End to Loophole Letting Firms Shield Profits Abroad - NYTimes.com:



"LOS ANGELES — President Obama on Thursday will call for Congress to end a tax loophole that allows big corporations to designate a foreign country as their official address, avoiding American taxes while maintaining their presence in the United States."



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