Republicans are against hypertaxation on any class or industry. They want to ensure past abuses against businesses, individuals, non-profits, and others are never repeated by the tax system. In regards to overseas businesses, they advocate for a territory based taxation- which will tax money made and stored abroad by American businesses and organizations. source

Democrats want to end tax breaks for large businesses and add tax penalties for companies that send their businesses, production, and funding overseas. They focus on increasing tax breaks to the lower- and middle-income families in order to lighten the cost of living burdens. source