Tech group opposes offshoring bill
Rick Merritt, EETimes
9/27/2010 1:06 PM EDT
SAN JOSE, Calif. – The TechAmerica industry group has come out in opposition to a draft bill in the U.S. Senate that claims it will end the practice of offshoring jobs. A vote on the bill in the Senate is expected this week.Richard J. Durbin (D-Ill.) and seven other Democratic senators sponsor the Creating American Jobs and Ending Offshoring Act (S. 3816) which was introduced in the Senate September 21. This legislation would, among other things, end tax deferral for so-called imported property income of controlled foreign corporations (CFCs).
To read the full article, click here
Related Semiconductor IP
- Lightweight and Configurable Root-of-Trust Soft IP
- Message filter
- SSL/TLS Offload Engine
- TCP/UDP Offload Engine
- JPEG-LS Encoder IP
Related News
- GlobalFoundries Officially Opens US$4 Billion Expansion Facility in Singapore, Creating 1,000 New Jobs
- Cadence's Tality subsidiary cuts 200 jobs, closes design centers
- ARM cuts jobs after first dip in sales
- ChipIdea Microelectronics SA ranked as 115th on 2003 Europe’s 500 Listing of fast growing, job creating companies
Latest News
- TSMC Reports First Quarter EPS of NT$13.94
- Thalia joins GlobalFoundries’ GlobalSolutions Ecosystem to advance IP reuse and design migration
- Using UDE® to test virtual automotive RISC-V prototypes from Infineon
- Alphawave Semi Audited Results for the Year Ended 31 December 2024
- ASML targeted in latest round of US tariffs