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Obama and tax havens

"And it’s time to shed some sunlight not only on companies that abuse the tax code, but also on the secretive offshore tax havens that shelter them. We’ll create a list of countries where tax evaders hide their income and cost America untold billions of dollars every year. We’ll lead the international community to new standards of information sharing. And we’ll penalize companies and individuals who use those havens and illegally evade their tax obligations. "
"To ensure that we are fiscally responsible, we’ll gain revenue by shutting down corporate loopholes and tax havens."

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13:46 Posted in General | Permalink | Comments (0)

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