ADVISORY: Sens. Durbin and Reed, Reps. Levin and Doggett to Announce Legislation to Curb Corporate Tax Inversions

The following press release was published by the U.S. Congress Committee on Ways and Means on Jan. 19, 2015. It is reproduced in full below.

WASHINGTON - Senate Minority Whip Dick Durbin (D-IL), House Ways and Means Committee Ranking Member Sander Levin (D-MI), Senator Jack Reed (D-RI), and Congressman Lloyd Doggett (D-TX) will hold a press conference on Tuesday, January 20th at 12:00pm to announce legislation to tighten restrictions on corporate tax inversions, making it more difficult for American companies to lower their U.S. taxation by combining with a smaller foreign business and moving their tax address overseas.

WHAT: Press conference to announce corporate tax inversion legislation

WHO: Senate Minority Whip Dick Durbin (D-IL), House Ways and Means Ranking Member Sander Levin (D-MI), Senator Jack Reed (D-RI), and Congressman Lloyd Doggett (D-TX)

WHEN: 12:00 pm, Tuesday, January 20th

WHERE: Senate Radio & TV Gallery

Source: U.S. Congress Committee on Ways and Means