"On June 5, about a half-dozen tech trade associations discussed strategy for stopping a tax hike on multinational corporations, which would come if the Obama administration succeeds in changing a law that allows companies to defer taxes on overseas revenue of their subsidiaries," the report said.
This week, at least three tech trade associations are flying in executives from their member companies for meetings with lawmakers and White House aides, the newspaper said, adding that they will lobby against the proposal in those meetings.
The Information Technology Industry Council, TechAmerica and the Semiconductor Industry Association are coordinating the visits, it said.
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