So would Senator Brown be saying that if it is found that there were labor violations at a car factory, the penalties could apply to any car that might come into the United States from that factory throughout the investigation, not just going forward?
Ron Wyden: “So would Senator Brown be saying that if it is found that there were labor violations at a car factory, the penalties…”
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This throws doubt upon Treasury’s interpretation of many provisions of the Code, creates a great deal of uncertainty in the administration of our tax laws, and could balloon the deficit.
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