House Bill Raises Chance for Global Pact to Curb Corporate Tax Havens

house bill raises chance for global pact to curb corporate tax havens

Sumary of House Bill Raises Chance for Global Pact to Curb Corporate Tax Havens:

  • Ultimately it will have to be melded with a proposal by Senate Democrats, who have yet to settle on a tax rate for corporate foreign earnings.
  • Manal Corwin, a Treasury official in the Obama administration who now heads the Washington national tax practice at KPMG, said it was possible that the rate could still inch higher despite pushback from companies.

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