“It’s past time to stand up to corporate tax avoidance and shut down loopholes that allow multi-billion dollar businesses to shortchange our communities,” said MECEP President & CEO Garrett Martin. “By requiring the state to report how many of the biggest corporations doing business in Maine pay nothing in taxes, LD 1337 is a step in the right direction in the fight for tax fairness. MECEP commends the House for their nonpartisan vote to support Maine communities and small businesses.”
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For more information: The case for corporate tax transparency