Treasury plans new move to 'deter' corporate tax inversions

USA Today: The Obama administration this week plans to step up efforts to "deter and reduce" corporate tax inversions.

In letters sent Wednesday to federal lawmakers, Treasury Secretary Jacob Lew wrote that new administrative action is needed to deter inversions — a process in which U.S. companies reincorporate in lower-tax nations overseas while continuing their domestic operations.

Read article

i360Gov Newsletters

The most significant government policy, business, and technology news and analysis delivered to your inbox.

Subscribe Now

Trending