Detailed text transcripts for TV channel - MSNBC - 20171028:16:46:00
Avoidance transaction. the senate's permanent subcommittee on investigation agrees. back in 2014, it released the findings of its investigation into basket options and the companies that use them. it determined that basket options were, quote, misused to dodge billions in taxes. senator jain's opening statement targeted mercer's company specifically and the estimated $6.8 billion in taxes it avoided paying through its use of basket options. >> today's hearing sheds light on how wren nance technologies was able to avoid paying more than $6 billion dollars in taxes by disguising its date today s...
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