December 8, 2021

Trump plan aims new foreign tax at Apple, other multinationals

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By Lynnley Browning Bloomberg From Chicago Tribune On the last page of a nine-page tax plan that calls for slashing business rates, President Donald Trump and congressional Republicans proposed a little-noticed tax that may hit companies like Apple and Pfizer. It’s contained in one sentence: “To prevent companies from shifting profits to tax havens, the […]