On the recordFebruary 2, 2015
It is wrong for countries to have a race to the bottom, with, you know, zero or close-to-zero tax rates to be a magnet for these kinds of activities.
Said by
Jacob J. Lew
Source
congress.govJacob J. Lew: “It is wrong for countries to have a race to the bottom, with, you know, zero or close-to-zero tax rates to be a magnet…”
Editor's note · Context
Lew emphasizes the negative impact of low tax rates on global tax avoidance.
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