The Permanent Subcommittee on Investigations held a hearing, “Offshore Profit Shifting and the U.S. Tax Code” on Thursday, September 20, 2012, at 2:00 p.m., in Room G-50 of the Dirksen Senate Office Building.
The Subcommittee examined the shifting of profits offshore by U.S. multinational corporations and how such activities are affected by the Internal Revenue Code and related regulations. Witnesses included representatives from the Internal Revenue Service, the Financial Accounting Standards Board, Microsoft, Hewlett-Packard and Ernst & Young.
Deputy Commissioner (International) of the Large Business and International Division
Internal Revenue Service
Financial Accounting Standards Board
Irwin I. Cohn Professor of Law
The University of Michigan School of Law
Senior Vice President and Tax Director
Senior Vice President and Treasurer
Corporate Vice President for Worldwide Tax