Agreeing with a previous statement made during the discussion.
11/19/2014
https://www.congress.gov...
You have an agreement which shifts the economic rights, the most valuable thing you have, to three Irish companies that pay no taxes.
Is that an arm's-length agreement?
I think I would characterize the original characterization of Subpart F is to prevent the shifting of passive income abroad, yes.
I think we should take the President up on his offer to do corporate tax reform.