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Obama to Make Issue of Corporate Tax Avoidance

Bloomberg
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July 24, 2014 AT 8:26 AM
July 24 (Bloomberg) -- President Barack Obama plans to go on the offensive against companies that use cross-borders mergers to escape U.S. taxes, accusing them of essentially renouncing their citizenship to shield profits. Alix Steel reports on Movers & Shakers on In The Loop. (Source: Bloomberg)