Sens. Bash, Defend Caterpillar's $2.4B Swiss Tax Strategy

By Drew Singer ( April 1, 2014, 5:21 PM EDT) -- Caterpillar Inc.'s use of a Swiss affiliate to avoid $2.4 billion in U.S. taxes was completely legal, its leaders told a congressional committee at a hearing Tuesday that doubled as a proxy debate over how corporations use an aging tax code to compete in a modern marketplace....

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