The record will show you did not say yes. But that is OK.
There is nothing heinous in that. There is nothing illegal in that.
The resulting loss of revenue is one significant cause of the budget deficit and adds to the tax burden that ordinary Am...
Would that address this gap, this discrepancy?
We need aggressive enforcement.
All right. So Microsoft Puerto Rico got $1.6 billion from Microsoft's Irish subsidiary called Round Island One. Is that ...
I think everybody would love to reform the Tax Code and reduce tax rates if we can in the process.
America stands on the edge of a fiscal cliff, and this challenge lends new urgency to a topic that this Subcommittee has...
Does that not create a presumption that this is obviously not a fair price that is being paid?
Is that something which we ought to address and end?
Even though there are two technically separate corporations, they are under common control.
Should they be reformed in the meantime, closed?
We are very much open about our appreciation to you.
Every time, though, a Microsoft product is sold, 47 percent of the sales price is sent to Puerto Rico where Microsoft pa...
I think it is highly dubious, frankly, that the loan program complies with our current tax law.
Are they rules of the IRS or is it our rules that need to be changed?
Shouldn't the IRS then aggressively require a justification for that kind of a gap?
Any way they want, they can shift all that income overseas?