(Senate - September 13, 2012)

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[Page S6369]
From the Congressional Record Online through the Government Publishing Office []

                           NOTICE OF HEARING


  Mr. LEVIN. Mr. President, I would like to announce for the 
information of the Senate and the public that the Permanent 
Subcommittee on Investigations of the Committee on Homeland Security 
and Governmental Affairs has scheduled a hearing entitled, ``Offshore 
Profit Shifting and the U.S. Tax Code.'' The Subcommittee will examine 
the shifting of profits offshore by U.S. multinational corporations and 
how such activities are affected by the Internal Revenue Code and 
related regulations. Witnesses will include representatives from the 
Internal Revenue Service, the Financial Accounting Standards Board, 
multinational corporations, and an accounting firm. A final witness 
list will be available Tuesday, September 18, 2012.
  The Subcommittee hearing has been scheduled for Thursday, September 
20, 2012, at 2 p.m., in Room G-50 of the Dirksen Senate Office 
Building. For further information, please contact Elise Bean of the 
Permanent Subcommittee on Investigations at (202) 224-9505.