Tech Companies Prepare to Battle Obama on Offshore Tax Deferrals
August 12th, 2009
Pat Garofalo in the Wonk Room over at ThinkProgress has a fascinating post today about the companies which are lining up to oppose President Obama's crackdown on corporate abuse of tax deferrals. From ThinkProgress:
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National Journal reported today that some tech-industry giants are getting ready to “intensify their opposition” to the Obama administration’s plan to limit the use of offshore tax deferrals:
High-tech industry giants such as Hewlett-Packard, IBM, Microsoft and Oracle will intensify their opposition this fall to an Obama administration proposal aimed at limiting what critics insist...