Excerpt from article at: http://news.findlaw.com/ap/o/1500/12-20-2010/20101220063500_14.html?DCMP=NWL-pro_top
"The original bill would have required multinational companies incorporated in tax havens to pay taxes on income earned in the U.S. Bill supporters said that would close a tax loophole, but Republicans have branded it a corporate tax increase.
Instead, the new bill would be paid for with a fee on some foreign firms that get U.S. government procurement contracts. The bill also calls for extending fees on certain firms that rely on H-1B and L-1 visas. It would also extend fees on travelers who don't present visa travel documents at U.S. airports."
"The original bill would have required multinational companies incorporated in tax havens to pay taxes on income earned in the U.S. Bill supporters said that would close a tax loophole, but Republicans have branded it a corporate tax increase.
Instead, the new bill would be paid for with a fee on some foreign firms that get U.S. government procurement contracts. The bill also calls for extending fees on certain firms that rely on H-1B and L-1 visas. It would also extend fees on travelers who don't present visa travel documents at U.S. airports."