Senate Finance Committee Hearing on International Tax Reform
January 1, 2018
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The Frame
The hearing served as a formal legislative step in the 2017 effort to overhaul the U.S. international tax system, which dictates how American corporations are taxed on global earnings.
Potentially affected actors named in the source documents. Mention is not a position.
U.S. Corporations
International tax reform changes the tax obligations for companies operating across borders.
Taxpayers
Changes to the tax code impact federal revenue and the broader economic environment.
Last recorded activity January 1, 2018.
Next step not available in the current record.
Summary
Key Facts
- The hearing took place on October 3, 2017, in the Dirksen Senate Office Building.
- The session was convened to discuss international tax reform as part of a broader tax reform effort.
- Four expert witnesses provided testimony: Bret Wells, Kimberly A. Clausing, Stephen E. Shay, and Itai Grinberg.
- The hearing included opening statements from Chairman Orrin G. Hatch and Senator Ron Wyden.
- The committee acknowledged the Las Vegas shooting tragedy during the opening remarks.
- The document includes an alphabetical listing of submitted communications from various organizations, including the American Council of Life Insurers and the FACT Coalition.
Why It Matters
The hearing served as a formal legislative step in the 2017 effort to overhaul the U.S. international tax system, which dictates how American corporations are taxed on global earnings.
Frequently Asked Questions
What was the purpose of this hearing?
Who testified at the hearing?
News Coverage
Lobbying Activity
AARP
2026
“P.L. 119-21, One Big Beautiful Bill Act H.R. 8867, Planning for Long-term Aging Needs (PLAN) Act H.R. 5861, Legacy Act of 2025 H.R. 9393, the Lower Costs, More Transparency Act. H.R. 9396, the Prior Authorization Accountability Act. S. 4916, the Aging with Artificial Intelligence Act. H.R. 8100, Safe Staffing Saves Lives Act. S. 3886, Nurses Belong in Nursing Homes Act. H.R. 6766/S. 3492, the Essential Caregivers Act of 2025. H.R. 7966/S. 4118, Hospice Care Accountability, Reform, and Enforcement (Hospice CARE) Act. S. 2120, the Older Americans Act Reauthorization Act of 2025 H.R. 5575, the Firefighters Assisting Seniors to Emergency Response (FASTER) Act of 2025. H.R. 3954/S. 4641, Improving Access to Medicare Coverage Act. H.R.5554/S.2831, Stand Strong for Medicare Act. S. 3439/H.R. 6735, Connecting Caregivers to Medicare Act and efforts related to the bill S. 1227/H.R. 2491, Alleviating Barriers for Caregivers Act S. 668/H.R. 3183, Supporting Access to Falls Education and Prevention and Strengthening Training Efforts and Promoting Safety Initiatives (SAFE STEPS) for Veterans Act of 2025 CMS-1851-P, Hospice Proposed rule. CMS-1843-P, Skilled Nursing Facility Proposed rule. CMS-1844-P, Home Health Proposed rule. No bill number. Health care transparency. No bill number. Discussed use of artificial intelligence and health data technology. No bill number. Discussed health-related policies and activities around the fall respiratory virus season. No bill number. Discussed health insurance affordability proposals. No bill number. Discussed Nursing Home staffing standards, safety, and quality. No bill number. Discussed Nursing home transparency and ownership requirements. No bill number. Discussed home health, hospice, and long-term care. No bill number. Discussed falls prevention. No bill number. Discussed social isolation. No bill number. Discussed HUD Assisted Living Requirements No bill number. Discussed family caregiving. No bill number. Discussed AARP paper on Medicare Caregiver Training Services. No bill number. Discussed Medicaid community engagement interim final rule, including the family caregiver exemption. No bill number. Discussed the paid direct care workforce in long-term care. No bill number. Discussed the unaffordability of long-term care. No bill number. Discussed Money Follows the Person Rebalancing Demonstration Program and Medicaid HCBS spousal impoverishment protections. No bill number. Discussed Medicaid fraud and family caregivers, Medicaid self-direction programs. No bill number. Discussed sandwich generation family caregiver hearing and submitted a statement for the record discussing family caregivers and sandwich generation caregivers, programs that support them, AARP caregiving resources, and federal policies to support sandwich generation caregivers and caregivers more broadly. No bill number. Discussed long-term care. No bill number. CMS-2453-NC; Medicaid Program; 2028 Medicaid Home and Community-Based Services Quality Measure Set Submitted comments No bill number. Discussed expanding access to home care. No bill number. Discussed the increasing cost of home care No bill number. Discussed HSA use for telehealth chronic care management services/subscriptions. No bill number. Discussed artificial intelligence and technology”
S-3 GROUP
on behalf of ABBOTT LABORATORIES
HOLLAND & KNIGHT LLP
on behalf of TAKEDA PHARMACEUTICALS AMERICA, INC.
SMALL BUSINESS MAJORITY FOUNDATION, INC.
ECONOMIC POLICY STRATEGIES
on behalf of PINTEREST, INC.
CRYPTO COUNCIL FOR INNOVATION
Sponsors
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Discoveries
Patterns POLISCOPE noticed across the record. These are observations to investigate, not conclusions.
Legislative Timing
The hearing occurred in October 2017, shortly before the passage of the Tax Cuts and Jobs Act of 2017.
Connected Entities
Sources
www.govinfo.gov
Analysis Score
0–100- Significance60How much this matters to a regular citizen
- Controversy20Intensity of disagreement among stakeholders
- Entertainment5Compellingness for a non-policy-wonk reader
- Buzz10Current news / social attention level
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