09/19/2012
https://www.congress.gov...
"There is also another factor, that we are not going to be able to compete with a zero or a 2-percent or a 4-percent tax rate, are we?"
"So Microsoft, which globally put a consolidated bank account there and balance sheet, is, you say, risking some of its own money--fair enough--assigning some of that risk to a Bermuda entity to reduce..."
"Are they litigated in Bermuda?"
"I think that means the answer is yes."