04/22/2010
https://www.congress.gov...
"You at the IRS and the Treasury Department can change the allocation if you find it necessary to prevent--excuse me. I will put it positively. If you find it necessary to clearly reflect the income of..."
"Is that a fact that you look at?"
"What is the impact on U.S. tax revenue if U.S. multinationals can enter into cost-sharing agreements with offshore companies that they control and then direct most of the profits to those offshore com..."
"The question is whether we should continue to tolerate this state of affairs, which is doing tremendous harm to our Nation's fiscal health."