President Obama’s proposed budget this week, for example, includes a plan he alluded to in last week’s State of the Union address: a new tax on profits from some patents and other intangible assets parked in overseas tax havens by American companies.“Pharma’s one that would really get hit,” said Erik Gordon, a professor at the Ross School of Business at the University of Michigan. “That’s a biggie.”
via nytimes.com
2 comments:
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