Global Business Tax Clamp-Down Could Sting U.S.: IRS Official - Presented by: The Aol. On Network

Tighter enforcement of corporate tax laws by other countries could be a problem for the United States if it means businesses pay more tax to foreign governments and cross-border disputes increase, a senior U.S. tax official said on Friday. Launched last year, the project emerged from world governments' concerns about tax dodging by multinational companies. Those concerns led the Group of 20 most powerful economies to ask the OECD to recommend solutions to the problem.



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