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 such organization, trade, or businesses.
Levin discusses the IRS's authority to adjust income allocations.
Share
More from Carl Levin
I claim the time in opposition to this amendment. The Acting CHAIR. The gentleman is recognized for 5 minutes.
It incentivizes companies to ship jobs to Mexico and out of our communities like mine in southeast Michigan. Mexico has not demonstrated the will, meaningfully, to reform its labor system, and the weakness of USMCA's enforcement mechanisms…
Woman, I rise in opposition to this amendment. The Acting Chair (Ms. Pingree). The gentleman is recognized for 5 minutes.
I would just point out that the grants in Title II do not have mandatory partners. They require partners to the extent practicable in a given situation. Mr. Speaker, I yield 1 minute to the gentleman from Indiana (Mr. Mrvan), a member of…
Other voices in this conversation
