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Congresswoman Axne exchange with Secretary Mnuchin over monitoring tax haven activity

Iowa Congresswoman Cindy Axne asks Treasury Secretary Steve Mnuchin at a House Financial Services Committee hearing whether there was a significant reduction in profits booked in Bermuda in 2017 or 2018 data, Mnuchin answering he had not the data but part of the reason to move from a global tax system into a territorial system with the guilty tax was to basically prevent people from moving to tax havens and make sure that US companies are taxed fairly.
Iowa Congresswoman Cindy Axne asks Treasury Secretary Steve Mnuchin at a House Financial Services Committee hearing whether there was a significant reduction in profits booked in Bermuda in 2017 or 2018 data, Mnuchin answering he had not the data but part of the reason to move from a global tax system into a territorial system with the guilty tax was to basically prevent people from moving to tax havens and make sure that US companies are taxed fairly.
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Restrictions:
May not be used as partisan political campaign material to promote or oppose the candidacy of any person for elective public office, and may not be used to distort the objects and purposes of the hearing, or cast discredit on or dishonor any member of the U.S. House of Representatives or U.S. Senate, or bring the House or Senate or any Member into disrepute.
Editorial #:
1192190079
Collection:
FedNet
Date created:
December 05, 2019
Upload date:
License type:
Rights-ready
Release info:
Not released.ÌýMore information
Clip length:
00:00:26:11
Location:
Washington, DC, United States
Mastered to:
QuickTime 8-bit H.264 HD 1280x720 30p
Source:
FedNet
Object name:
hfi120519a-w.mov