Senator Levin to Offer Tax Haven Legislation to Help Pay for Health Care Reform

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The measure Senator Levin plans to offer is one he introduced earlier this year, along with four co-sponsors, as a stand-alone bill called the Stop Tax Haven Abuse Act (S.506). It would enact important new rules to deter offshore transactions designed to evade U.S. income tax. Rep. Doggett introduced the same measure in the House the next day, with 59 co-sponsors (H.R. 1265).

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