(Bloomberg) At least four Democrats on the Senate Finance Committee say they’re not ready to back the push by President Barack Obama and party leaders for retroactive tax legislation to prevent companies from moving their legal addresses out of the U.S.
In interviews and statements this week, Senators Tom Carper of Delaware, Michael Bennet of Colorado, Mark Warner of Virginia and Bob Casey of Pennsylvania all declined to back a stand-alone retroactive tax bill to limit inversions.
Register or login for access to this item and much more
All Accounting Today content is archived after seven days.
Community members receive:
- All recent and archived articles
- Conference offers and updates
- A full menu of enewsletter options
- Web seminars, white papers, ebooks
Already have an account? Log In
Don't have an account? Register for Free Unlimited Access