Tax breaks and WTO

Marta Russell ap888 at lafn.org
Thu Dec 30 15:23:05 PST 1999


This may be the one and only progressive thing the WTO has done. Of course Spotlight woud complain.

"The United States has appealed a ruling by the World Trade Organization that condemed the $2.5 billion in tax breaks for US. companies with overseas subsidiaries as being illegal subsidies. According to the UPI, if the United States loses the appeal, "one outcome could be the loss of a naton's control over its own domestic tax statutes." (Spotlight 12-99) -- Marta Russell



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