Comment on Treasury cuts tax benefits for U.S. companies striking ‘inversion’ deals abroad

Treasury cuts tax benefits for U.S. companies striking ‘inversion’ deals abroad

Moving against tax-avoidance by corporations, the Obama administration is taking several 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 wil...

 

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