Fact Check
No Tax Penalty Targeting Foreign Operations Was Included in the Inflation Reduction Act. ... - Latest Tweet by PolitiFact
The latest Tweet by PolitiFact states, 'No tax penalty targeting foreign operations was included in the Inflation Reduction Act. As a presidential candidate, Biden promised to change the tax code to penalize U.S. companies setting up facilities overseas to avoid paying taxes....'
No tax penalty targeting foreign operations was included in the Inflation Reduction Act. As a presidential candidate, Biden promised to change the tax code to penalize U.S. companies setting up facilities overseas to avoid paying taxes.https://t.co/n4rRL0osir— PolitiFact (@PolitiFact) August 10, 2022
(The above story first appeared on LatestLY on Aug 11, 2022 03:31 AM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).