Sound recording
Edward M. Kennedy Senate Files
EMKSEN-AU0009-011-013
Sound recording of the radio program "Face Off." Senator Edward M. "Ted" Kennedy of Massachusetts and Senator Alan K. "Al" Simpson of Wyoming debate Internal Revenue Service (IRS) regulations to prevent foreign corporations doing business in the United States from using "transfer pricing," an accounting method that allows the company to avoid paying U.S. taxes. The episode aired on Wednesday, April 8, 1992, on the Mutual Broadcasting System.