03/16/2015
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."
"The IRS has to step up its enforcement to stop the multinational offshore profit shifting."
"It is clear that the Caterpillar licensing transaction fails the arm's-length standard."