Sources say a U.S. Senate panel is investigating whether Caterpillar illegally evaded U.S. taxes, according to a Bloomberg report.
Two anonymous sources familiar with the case say the Senate’s Permanent Subcommittee on Investigations will hold a hearing in April to determine whether the company moved profits outside the country to avoid paying U.S. taxes. Caterpillar and Senate spokespeople declined to comment on the matter.
Caterpillar will testify at a Senate subcommittee hearing Tuesday, arguing against
After last month’s
As Caterpillar prepares to testify at a
According to a
Caterpillar officials testified at a Senate hearing Tuesday, defending the company’s...