Random Acts of IT Project Management

Project Management for Information Technology

Obama Closing Up Tax Loopholes

Posted by iammarchhare on 5 May 2009

Today’s Bangkok Post reported that “Obama cracks down on US outsourcing”.  They report:

President Barack Obama Monday rolled out a plan aimed at saving $210 billion over the next 10 years by clamping down on tax havens and curbing US companies’ incentive to outsource jobs.

While the effect will not be immediate, it is sure to have an impact upon IT.

Sources:

AFP. (2009, May 5). Obama cracks down on US outsourcing. Bangkok Post. Retrieved from http://www.bangkokpost.com/breakingnews/142355/obama-cracks-down-on-tax-havens-outsourcing-companies

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