Posts Tagged ‘tax inversion’

Sep
2014
10

Treasury Dept. Decision on Corporate Tax Avoidance Through “Inversions” Nears

Treasury Dept. Decision on Corporate Tax Avoidance Through
  The Treasury Department has announced that it will decide “in the very near future” if it has the power to revoke tax incentives from companies that move their operations overseas for tax avoidance reasons. The announcement came at a business tax reform seminar at the Urban Institute. Treasury Secretary Jacob Lew did not name [&hellip...
Aug
2014
15

Lobbyists Line Up to Protect Tax Inversion Laws While Huge Corporations Pay Zilch

Lobbyists Line Up to Protect Tax Inversion Laws While Huge Corporations Pay Zilch
  Minnesota-based Medtronic, Inc. has hired a lobbying firm headed by former U.S. Senators Trent Lott and John Breaux in an attempt to defeat legislation that would undermine the company’s interest in relocating its corporate headquarters overseas, a move that would save the company billions in taxes.   The primary bill in question is...
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