Emphasizing the need for clean energy projects and good paying jobs.
05/16/2023
https://www.congress.gov...
Caterpillar used to pay taxes on almost all of its parts profits. That was before 1999.
Congress needs to pass the Stop Tax Haven Abuse Act, which I and others have introduced.
It is clear that the Caterpillar licensing transaction fails the arm's-length standard.
The IRS has to step up its enforcement to stop the multinational offshore profit shifting.