Video: Offshore Profit Sharing and the US Tax Code (Apple Inc.), May 21, 2013, 5 hrs 44 min

Sen. Carl Levin (Dem, Michigan) was the chairperson of the subcommittee. States and communities, low and middle income taxpayers suffer when US multinationals practice tax avoidance by shifting profits to tax havens. Tax havens, mini-second or high-frequency trading, stock buybacks and insider trading are all nefarious and market-destabilizing.

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