Political Quotes

Carl Levin: “What is the impact on U.S. tax revenue if U.S. multinationals can enter into cost-sharing agreements with offshore…”

On the recordMay 20, 2013
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 companies?
Said by
Carl Levin
Democratic · Michigan

Editor's note · Context

Levin questions the impact of multinationals shifting profits offshore on U.S. tax revenue.

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