Rep. Doggett & Sen. Whitehouse Author Bill to End Offshore Corporate Tax Loopholes, Raise Billions in Revenue
March 12, 2021
March 12, 2021
WASHINGTON, March 12 -- Rep. Lloyd Doggett, D-Texas, issued the following news release:
Congressman Lloyd Doggett (D-TX), a member of the Ways and Means Committee, and Senator Sheldon Whitehouse (D-RI), a member of the Finance Committee, introduced the Stop Tax Haven Abuse Act to close egregious offshore tax loopholes that allow companies with armies of lawyers to avoid taxes by making profits earned here in America magically appear on the books in tax havens like the Cayman Islands . . .
Congressman Lloyd Doggett (D-TX), a member of the Ways and Means Committee, and Senator Sheldon Whitehouse (D-RI), a member of the Finance Committee, introduced the Stop Tax Haven Abuse Act to close egregious offshore tax loopholes that allow companies with armies of lawyers to avoid taxes by making profits earned here in America magically appear on the books in tax havens like the Cayman Islands . . .