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FACT and Partners on Baucus International Tax Proposal: “Proposal Falls Short” Says Formal Letter to Committee Cites Three Critical Flaws
The FACT (Financial Accountability and Corporate Transparency) Coalition along with partners from small business, faith, labor and public interest groups submitted a formal response to Chairman Max Baucus (D-MT) and the Senate Finance Committee, calling his proposed changes to the international tax system as falling short “…in three critical ways and leaves room for the offshoring of jobs and profits to continue.”