U.S. companies face tax scrutiny overseas-politico: Foreign governments grappling with austerity budgets have found a new source of revenue for their public treasuries, and a target for their political ire: U.S. multinational companies. And the scrutiny is only going to intensify — even though most foreign politicians admit corporations seeking to keep their tax bills low are not breaking the law.
Friday, January 25, 2013
U.S. companies face tax scrutiny overseas
U.S. companies face tax scrutiny overseas-politico: Foreign governments grappling with austerity budgets have found a new source of revenue for their public treasuries, and a target for their political ire: U.S. multinational companies. And the scrutiny is only going to intensify — even though most foreign politicians admit corporations seeking to keep their tax bills low are not breaking the law.
