Congresswoman Axne exchange with Secretary Mnuchin over monitoring tax haven activity

Iowa Congresswoman Cindy Axne asks Treasury Secretary Steve Mnuchin at a House Financial Services Committee hearing whether there was a significant reduction in profits booked in Bermuda in 2017 or 2018 data, Mnuchin answering he had not the data but part of the reason to move from a global tax system into a territorial system with the guilty tax was to basically prevent people from moving to tax havens and make sure that US companies are taxed fairly.
Iowa Congresswoman Cindy Axne asks Treasury Secretary Steve Mnuchin at a House Financial Services Committee hearing whether there was a significant reduction in profits booked in Bermuda in 2017 or 2018 data, Mnuchin answering he had not the data but part of the reason to move from a global tax system into a territorial system with the guilty tax was to basically prevent people from moving to tax havens and make sure that US companies are taxed fairly.
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ID Editorial:
1192190079
Coleção:
FedNet
Data da criação:
05 de dezembro de 2019
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00:00:26:11
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Washington, DC, United States
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hfi120519a-w.mov