09/21/2011
https://www.congress.gov...
"The IRS has to step up its enforcement to stop the multinational offshore profit shifting."
"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."