Obama asks Congress to close offshore tax loopholes exploited by U.S. corporations
Tuesday, April 5, 2016 - 17:30
in Mathematics & Economics
Ed Adamczyk and Doug G. WareWASHINGTON, April 5 (UPI) -- After the Treasury announced new rules to keep U.S. businesses from seeking tax relief offshore, President Obama asked Congress to shut that loophole for good.