(BFW) Obama Budget Said to Include 19% Minimum Tax on Foreign Earnings



BFW 01/31 23:22 *OBAMA BUDGET SAID TO INCLUDE 19% MINIMUM TAX ON FOREIGN EARNS

Obama Budget Said to Include 19% Minimum Tax on Foreign Earnings
2015-01-31 23:31:19.674 GMT


By Joe Sabo
(Bloomberg) -- Also to include 14% tax on stockpiled
offshore profits, according to people familiar with the
president’s fiscal ‘16 spending proposal, set for release Feb.
2.


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To contact the editor responsible for this story:
Joe Sabo at +1-609-279-3119 or
jsabo@bloomberg.net