Monday, May 4, 2009

Data Point: Grown-ups play hardball . . . Pt.2

The battle of the titans is between national governments and globals.
Obama to roll out international tax proposals
@ Reuters:

"WASHINGTON (Reuters) - President Barack Obama plans to roll out a set of proposals on international tax policies on Monday, in an announcement with potential implications for U.S. multinational firms.

The White House said Obama will be joined by Treasury Secretary Timothy Geithner for the 11:05 a.m. EDT (1505 GMT) event.

Obama's budget outline released in February made reference to proposals to change the tax treatment of U.S. firms with overseas operations and measures to crack down on international tax evasion."

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