Carl Levin actually said...

We have a Treasury Department definition. We have one line. You must ask for the beneficial ownership as defined in 31 CFR.

Levin emphasizes the clarity of federal law on beneficial ownership.

06/17/2009

More Carl Levin Quotes

That it should not pretend that it is in Switzerland.

Now let us get down to CSARL.

So you use words, too, 'low-tax [marketing] countries'? Don't you ever use those words?

The 1999 transaction significantly changed how profits were allocated for tax purposes.