Bernie Sanders
Democrat

Bernie Sanders's policies onTaxes

Prevent American companies from avoiding U.S. taxes by corporate inversions

Another way American companies avoid U.S. taxes is through corporate inversions. Under this practice, an American company acquires or merges with a much smaller foreign business and then claims that the newly merged company is a foreign one for tax purposes — even though the majority of the ownership is unchanged and little or no personnel or operations have actually moved offshore.

Sen. Sanders would end this tax scam by treating corporations as American corporations for tax purposes when it is still majority owned by U.S. interests.

Found an error or want to make a contribution?