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 ...
To meteorologists, an inversion is a deviation from the normal change of an atmospheric property. It can lead to pollution and adverse health effects. To Wall Street dealmakers, and now to most boards ...
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 ...
Durbin, Reed, Doggett introduce bill to stop corporate tax inversions, targeting U.S. companies shifting tax residency abroad to avoid taxes.
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 ...
Drugmakers Pfizer Inc. and Allergan Plc are scrambling to determine whether to proceed with their plan to merge and move Pfizer's address — but not its operations or headquarters — to lower-tax ...
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 ...
Corporate tax inversion is when the corporation moves only its headquarters to a lower-tax country or state. Corporate taxation is based on where the home office is located. Corporations are taxed on ...
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, without physically moving its ...
WASHINGTON (Reuters) - Pfizer Inc faces political risks in Washington if it proceeds with a bid for Allergan , but with little chance of legislation to curb such tax inversion deals, the Obama ...
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