WASHINGTON–(ENEWSPF)–July 7, 2017 – Sen. Bernie Sanders (I-Vt.) on Thursday submitted formal comments to the Department of the Treasury on regulations issued to prevent corporate tax avoidance.
The Treasury Department regulations, which were issued on April 4, effectively enforce the existing law that is meant to prevent corporate inversions and a tax dodge known as “earnings stripping,” which allows corporations that are foreign-owned or inverted to avoid U.S. taxes. The regulations were the result of…
