Political Quotes

Chris Van Hollen: By locating more tangible assets abroad, a corporation is able to reduce the amount of foreign income that is…

On the recordJanuary 23, 2018
By locating more tangible assets abroad, a corporation is able to reduce the amount of foreign income that is categorized as GILTI.
Said by
Chris Van Hollen
Democratic · Maryland

Editor's note · Context

Van Hollen explains how corporations can manipulate asset locations for tax benefits.

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