You have a right to do that just the way you had a right not to shift that intellectual property for Mexico, Canada, and...
You are going to pay--Apple Inc. is going to pay the taxes on the income for all the parts of the world except for where...
It is not right, to leave that decision, it seems to me, the way it is decided so unilaterally, that a company can shift...
If a shell entity is incorporated in a foreign tax jurisdiction, can it be disregarded for U.S. tax purposes?
The facts are mighty clear to me that loopholes in our tax laws and regulations allow many companies, including Apple, t...
We have to change this system. But in order to change it, we have to understand it, not deny it.
The result of continuing that in 2008 and 2009 is most of your profits worldwide are now in three Irish companies that y...
Active income deferred, passive income was not supposed to be deferred. Is that correct?
This is the first time that we have ever come across entities that have no tax residence.
Now, is that true even if the assets are totally controlled by the parent?
So that many corporations, including many of our most profitable corporations, pay no taxes. Is that correct?
The question is whether we should continue to tolerate this state of affairs, which is doing tremendous harm to our Nati...
If a transaction is only done for tax reasons, is it appropriate for the IRS to disallow such a transaction when it does...
We cannot continue a system where the company, a multinational company, as phenomenally successful as yours, and deserve...
You would agree it is correct.
Is the purpose of your regulation that they meet arm's-length standards?
The Treasury might be able to fix some of these problems if it would reform check-the-box, develop regs making it easier...
There is a huge drain as a result.