02/03/2010
https://www.congress.gov...
"The question is whether we should continue to tolerate this state of affairs, which is doing tremendous harm to our Nation's fiscal health."
"So that many corporations, including many of our most profitable corporations, pay no taxes. Is that correct?"
"Now, is that true even if the assets are totally controlled by the parent?"
"This is the first time that we have ever come across entities that have no tax residence."