11/19/2014
https://www.congress.gov...
"The 1999 transaction significantly changed how profits were allocated for tax purposes."
"The Subcommittee for many years has investigated how some of our most profitable corporations exploit loopholes in the U.S. tax code to shift income and profits to offshore tax havens, thereby denying..."
"That it should not pretend that it is in Switzerland."
"But wasn't the purpose to shift profits for tax purposes to a low-tax jurisdiction. Is that correct?"