Offshore companies

Senate Committee Approves Levin Provision to Prohibit Federal Contracts to U.S. Companies that Move Offshore to Avoid Taxes

July 17, 2007 -- WASHINGTON – A provision authored by Sen. Carl Levin, D-Mich., to bar the award of all future federal government contracts to any U.S. company that has avoided paying federal taxes by setting up a phony headquarters offshore passed the Senate Appropriations Committee last week.    » read more »

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