Schakowsky, Sanders Introduce the Stop Corporate Tax Dodging Act to close the Notorious Tax Shelter Loophole

by Gary Kopycinski on April 15, 2015

Gary Kopycinski Author

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WASHINGTON, DC –(ENEWSPF)—April 14, 2015. Rep. Jan Schakowsky (D-IL) and Sen. Bernie Sanders (I-Vt.) introduced the Stop Corporate Tax Dodging Act today to stop profitable corporations from sheltering income overseas in the Cayman Islands and other tax havens to avoid paying U.S. taxes. The legislation also would end tax breaks for companies that ship jobs overseas.