Tag: House Ways and Means Committee
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BREAKING NEWS: Obama To Sponsor Plan To Curb International Tax Scheming, Treasury Secretary Tells Panel
The Obama administration said today that it will crack down on international tax cheats and people using tax havens to evade U.S. regulators. In testimony before the House Ways and Means Committee, Treasury Secretary Tim Geithner said Obama will propose new rules to curtail international scheming. “The budget also seeks to close the ‘tax gap’…