From the March 2010 issue of Treasury & Risk magazine

Uncle Sam's Long Reach

While the international tax proposals rolled out in the Obama Administration's 2011 budget last month were a little friendlier than last year's, executives still view the administration's current approach to taxing international operations with trepidation, according to a recent survey.

The $122 billion in new revenue that the 2011 Obama budget expects to generate from international tax changes is down from $209 billion in new revenue from such changes in the 2010 budget.

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