U.S Senator Chris Van Hollen (D-MD) has announced the introduction of two bills with Senators Amy Klobuchar (D-MN) and Tammy Duckworth (D-IL) intended to discourage U.S. companies from moving jobs and operations overseas and to ensure that data on tax havens and offshoring is publicly available. As provided in the announcement: The Removing Incentives for Outsourcing Act would: Institute a "per-country" minimum tax instead of a blended or "global rate" under current law and eliminate companies' ability to deduct 10 percent of their return on tangible assets before the tax rate on foreign income applies. These changes would remove the...