He added that multinationals have been exploiting a mix of loopholes created by Internal Revenue Service regulations, loopholes created by Congress itself, and loopholes the corporate lawyers and accountants have created through technical and questionable readings of the tax code.

FORBES: Senate Report Details HP & Microsoft Offshore Tax Ploys

Since 1978 it had barred the Internal Revenue Service from issuing regulations covering "nonqualified" deferred comp.

FORBES: Strings Attached

It's not often you see protestors outside a Treasury-Internal Revenue Service hearing on proposed tax code regulations.

FORBES: Magazine Article

Last week, the U.S. Internal Revenue Service finally proposed long-awaited regulations--some 238 pages' worth of them--interpreting a law passed a year ago reining in deferred-compensation deals for executives.

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Marco Rubio (R-Fla.) and other Senate Republicans on Tuesday introduced a bill aimed at blocking pending regulations that would require banks to report to the Internal Revenue Service all interest deposits paid to nonresident aliens (NRA).

FORBES: Senator Rubio vs. Rogue IRS Bureaucrats

The proposed regulations, released by the Department of Health and Human Services and the Internal Revenue Service, laid out the rules by which citizens can receive an exemption from the mandate, as well as the methods for receiving said exemptions and how the IRS will estimate penalties for those who remain uninsured.

FORBES: HHS and IRS Release Proposed Regulations on Your 'Shared Responsibility'