U.S. Multinationals Lobby to Alter Tax Rules They Sought
June 04, 2012 at 15:22 PM EDT
U.S. multinational companies have been seeking a tax break on overseas income for years, and the top Republican tax writer in Congress is proposing to give it to them. There’s a catch they don’t like. Businesses and trade groups are lobbying House Ways and Means Committee Chairman Dave Camp to loosen rules in his draft [...]