Democrats urge no U.S. contracts for corporate tax 'deserters'

By Kevin Drawbaugh WASHINGTON (Reuters) - Corporations that move their tax domiciles abroad would be denied federal contracts under legislation offered on Tuesday by Democrats in the U.S. Congress, targeting tax-driven deals known as inversions. With November's congressional elections approaching, Democrats are blasting away at inversions. Few U.S. companies have done such deals, but as they become more common, they are attracting more negative publicity. "Those dodging their fair share of taxes should not be rewarded with taxpayer-funded government contracts," he said in a statement on the bill made with three other senior Democrats.



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