The provisions, part of the 650-page corporate tax bill enacted in October, represent an about-face by Congress.
Corporate tax on foreign multinational companies investing in Ireland was cut to zero in 1957.
Apple said it wanted to see legislation that "dramatically simplifies" the US corporate tax system.
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And both Governor Romney and I agree actually that we should lower our corporate tax rate.
In the predominantly socialist European Union, corporate tax rates on average have been cut below 25%.
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Maybe corporate tax breaks for companies hiring new employees isn't the best of ideas, as Sen.
Unlike Apple, U.S. lawmakers have the power to fix our broken corporate tax system.
To take advantage of favorable corporate tax laws, the new company will be based in Ireland.
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Ireland's 12.5% corporate tax rate has long rankled with German and French policy makers.
The real problem may be the fundamental structure of the U.S. corporate tax system.
Eaton's chief executive, Alexander Cutler, has been a vocal critic of the corporate tax code.
But with corporate tax reform in the wind, a holiday today could provide an extra windfall.
Corporate tax revenues have declined from 15% of total revenue to 10.7% since 1978.
He also says there is growing interest in Congress in foreign corporate tax reform.
He spoke of lowering the corporate tax rate--now a challenging disincentive to U.S. companies.
The U.S. has the highest corporate tax rate in the industrial world, except for Japan's.
On corporate tax reform, Secretary Giethner this morning said he was looking for consensus on that.
Foreign branches would want to keep their profits here in low corporate tax America.
Lower corporate tax rates prevail among our major competitors in Germany, China and India as well.
Corporate tax rates also have plummeted, falling from an average of 48 percent to 24 percent.
The case for reducing the corporate tax rate to draw foreign investment here is clear.
The U.S. corporate tax environment is one of the least business-friendly in the world.
Wall Street is getting frustrated on the matter of long term corporate tax reform.
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This technique has allowed certain corporations to dramatically reduce their overall corporate tax rates.
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So if unemployment is the problem, that proves my point about lowering corporate tax rates.
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By comparison, the corporate tax rate in Brazil and China is 25%, without exclusions.
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That would be on top of the second highest corporate tax rate in the developed world.
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Now Heinz is likely to be dragged into the debate over corporate tax shelters, too.
Since 2000, individual income and corporate tax revenues dropped five times, while payroll taxes fell twice.
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The Obama administration opposes a break that is not part of broader corporate tax reform.
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