Leonard Weiss, Staff Director Allen Huffman, Professional Staff Member Franklin G. Polk, Minority Staff Director and Chief Counsel (II) 93-231147 WITNESSES THURSDAY, MARCH 25, 1993 Natwar M. Gandhi, Associate Director, Tax Policy and Adm U.S. General Accounting Office; accompanied by Jose Oy rector, International Taxation, Larry Korb and Kevin Da ing Dan R. Bucks, Executive Director, The Multistate Tax Comi ton, DC. Philip M. Aldape, Division Manager, Idaho State Tax Commi Benjamin F. Miller, Associate Chief Counsel, California Fra Sacramento, CA... Louis M. Kauder, International Tax Attorney, Washington, I Robert S. McIntyre, Director, Citizens for Tax Justice, Washi Prof. Dale W. Wickham, The American University, Interi Policy, Wickham & Associates, Washington, DC. Kevin L. Kearns, President, U.S. Business and Industrial ( ton, DC......... THURSDAY, MARCH 25, 1993 U.S. COMMITTEE ON GOVERNMEN The Committee met, pursuant to notice, at SD-342, Dirksen Senate Office Building, Hon. F siding. Present: Senators Dorgan and Levin. OPENING STATEMENT OF SENATOR I Senator DORGAN. The hearing will come to ord This is the Senate Committee on Governmen are pleased that all of you are here at this heari We apologize very much for the disruption thi know, the Senate held a long series of votes v minutes for each vote, and it was simply impossi ing at that time. All the hearings, I believe, th this morning had to be rescheduled. We apprec We will perhaps try to contract this hearing j there are some people on the witness list who catch this afternoon. Having said all that, I would like to make a b ment, and then I would like to call on the witne us today. To see why we were here today, a good place t the U.S. Tax Court down the street. There in roo see the debris from the nation's current multina ment system. One recent case is a good example. It occupie of legal and economic arcana that took 10 year tune to produce. The judge in the case called thi "useless." He needed 4 years to slog through the cision came to 240 pages and that was just one poration. What was the point of this monumental pape over the "correct" prices for some spare airplan corporation produced in the tax haven of Sing back to its U.S. operations. The case resolved on |