Late last week news emerged that Medtronic hired a lobbying shop run by former senators Trent Lott and John Breaux to lead an effort to block Congressional efforts to make tax inversions more ...
Forbes contributors publish independent expert analyses and insights. Carrie Brandon Elliot analyzes international tax issues. Inversion regs clarify when a corporation has substantial business ...
Pharmaceutical giants Pfizer and Allergan were forced to abandon their $160 billion merger in April following the US Treasury’s clampdown on tax inversion deals. This would have been the largest ...
Although lawmakers on both sides of the aisle have concerns about corporations leaving the U.S. for tax purposes, it appears that Democrats are not likely to call attention to so-called “tax ...
The Obama Administration has proposed its latest form of collectivist control over the American people. In a letter to Congress U.S. Treasury Secretary, Jack Lew, has called for punishment and ...
President Barack Obama has continued to campaign against tax inversions, but the White House says he will not return donations from corporate execs whose profits have been protected by that very ...
The past few years have seen more corporate mergers that led to inversions than the 20 years prior combined. While opinions differ as to whether it's unpatriotic for U.S. companies to relocate abroad ...
WASHINGTON — Last week, Hillary Clinton’s campaign released an ambitious plan for curbing tax inversions. It’s a good start, even if much more is needed. First, a little context. U.S. corporations ...
Q: So what exactly is an inversion? A: A corporate inversion typically happens when a multinational company based in America relocates its official headquarters to a country with a lower tax burden, ...
WASHINGTON (AP) — Aiming to sidestep a logjam in Congress, the Obama administration is looking for steps it could take on its own to prevent American companies from reincorporating overseas to shirk U ...
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