If a shell entity is incorporated in a foreign tax jurisdiction, can it be disregarded for U.S. tax purposes?
Do we have or do you have an obligation to stop multinational corporations from shifting income to tax haven jurisdictions?
It is important for us that we know what is going on if we are going to change it in a sensible way.
It is not right, to leave that decision, it seems to me, the way it is decided so unilaterally, that a company can shift its value to a plac...
You are going to pay--Apple Inc. is going to pay the taxes on the income for all the parts of the world except for where two-thirds of the p...
You have a right to do that just the way you had a right not to shift that intellectual property for Mexico, Canada, and South America.
You have an agreement which shifts the economic rights, the most valuable thing you have, to three Irish companies that pay no taxes.
Is that an arm's-length agreement?
I think we should take the President up on his offer to do corporate tax reform.
And the pricing, when you look at the facts and circumstances, is it also the value of what is transferred?
I think the obligation of the Treasury Department here is to ensure that laws that are passed are implemented in the way that Congress inten...