The penalty and higher tax rates would reduce the value of the foreign operations in the hands of U.S.-headquartered companies.
James Lankford: “The penalty and higher tax rates would reduce the value of the foreign operations in the hands of U.S.-headquartered…”
On the recordMarch 24, 2021
Source
congress.govEditor's note · Context
Lankford warns that tax changes could lead to U.S. companies relocating abroad.
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