Geithner Opposes Stand-Alone Repatriation Tax Bill

Treasury Secretary Tim Geithner said Wednesday the Obama administration “would not support” repatriation legislation “outside the context” of comprehensive corporate tax reform. In comments before the Senate Finance Committee, Geithner said the “best thing” for Congress is to work on “comprehensive corporate tax reform” which lowers corporate rates and broadens the tax base. – iMarketNews

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