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- Title
Congress Set to Raise the Roof on Tax Shelters.
- Authors
Prysock, Mark
- Abstract
The article focuses on proposed tax shelter legislation in the United States. Democratic Senator from Montana Max Baucus, who is also chairman of the Senate Finance Committee, and Republican Senator from Iowa Charles Grassley said they will introduce a legislative bill to prevent corporate inversion transactions and tax avoidance. abusive tax avoidance. The tax shelter legislation, which is in its third iteration, has been in development since 1999. Changes to the proposal that were recommended by the Treasury Department including fines and fees are mentioned.
- Subjects
UNITED States; LEGISLATIVE bills; UNITED States. Congress. Senate. Committee on Finance; TAX shelters; UNITED States Congressional committees; UNITED States. Dept. of the Treasury; UNITED States legislators
- Publication
Financial Executive, 2002, Vol 18, Issue 3, p50
- ISSN
0895-4186
- Publication type
Article