Now, I have heard that there is this thing called fair value accounting--I think it is better called fantasy value accounting--which would say that you should determine your profit or loss not based on whether you have a profit or loss, but whether you would have a profit or loss in some artificially constructed fair world.
Sherman criticizes fair value accounting as unrealistic.
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I'm hoping that I can get you to co-sponsor what is now bipartisan legislation to say that we do not provide tax incentives for investing in Chinese-based companies.
A thoughtful outbound investment regime is necessary to building on the work of CFIUS and making sure that U.S. investment is used to uplift communities around the world rather than strengthening our strategic adversaries and empowering…
It has taken them over a decade to come up with a rule defining who would be subject to some future rule.
It seems odd that those who oppose this improvement in our regulations are listing xenophobia...
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