FOX BIZ NEWS: Senate tax plan would raise penalties on US companies shifting profits overseas

Senate tax plan would raise penalties on US companies shifting profits overseas



U.S. corporations would be hit with steeper penalties for shifting profits overseas under a draft proposal unveiled Wednesday by Senate Democrats as lawmakers look to generate revenue for President Biden's sweeping, multitrillion-dollar economic plan.

via FOX BUSINESS NEWS https://ift.tt/3yhYSMf