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Impact of the U.S. Tax Code on the Market for Corporate Control and Jobs
Senate Committee on Homeland Security and Governmental Affairs ; Permanent Subcommittee on Investigations
Senate Committee on Homeland Security and Governmental Affairs
Permanent Subcommittee on Investigations
Abstract
The Permanent Subcommittee on Investigations of the Senate Committee on Homeland Security and Governmental Affairs issued a Majority Staff report looking at the effects of the U.S. tax code on corporations. The report specifically looks at how the tax code may affect foreign acquisition of U.S. firms and possible relocations of these firms to places outside of the U.S. The report finds that the current tax code increases the capacity of foreign firms to acquire U.S. firms and also provides strong motivations for companies that merge with foreign firms to relocate outside of the United States.
Date
2015-07-30
Document Type
Senate Majority Staff Report
Serial Number
Document Length
133 pages
Congress
114
Relation
DOI
Keywords
Staff Reports
PAP Major Code
1: Macroeconomics
PAP Minor Code
107: Taxation, Tax Policy, and Broad Tax Reform