Comment on US Treasury moves against tax-avoidance ‘inversion’ deals

US Treasury moves against tax-avoidance ‘inversion’ deals

WASHINGTON — Moving against tax avoidance by corporations, the Obama administration is taking actions to curb deals known as “inversions” that allow companies to escape U.S. taxes by reincorporating abroad. The Treasury Department on Monday announced new rules, effective immediately, that will reduce tax benefits accessible to companies that have …

 

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