That’s the question a group of attorneys representing multinational corporations recently raised at a Treasury Department hearing on the proposed changes to U.S. tax law. Now, corporations are ...
The White House said Wednesday that the Treasury Department’s new rules aimed at curbing corporate inversions were not specifically targeted at the prospective Pfizer and Allergen merger that the ...
The US Treasury’s latest measure to keep US companies from reincorporating in lower-tax countries is its strongest effort yet to halt so-called “inversions,” and could have far-reaching consequences ...
House Republicans warned the Treasury Department Tuesday that its proposed rules meant to prevent corporations from moving their headquarters abroad would harm many businesses across the country. The ...
Less than 24 hours after the Obama administration escalated its battle against corporate tax inversions, the outcome of at least one major pending U.S. merger seemed clouded by doubt Tuesday. The ...
Most are saying the new rules likely will — and that the changes and their timing are squarely aimed at preventing New York-based Pfizer, the biggest drugmaker based in the U.S., from completing its ...
IMGCAP(1)]There once was a time, after the Tax Reform Act of 1986, when the U.S. corporate tax rate was at the low end of corporate tax rates among industrialized economies. While the U.S. rate went ...
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The U.S. Treasury Department announced its final anti-inversion rules this week, emerging from a firestorm of corporate lobbying with the core tenets of the rules still very much in place. The ...
A regulatory effort by the Obama administration to crack down on tax deals is facing backlash from business groups and lawmakers on both sides of the aisle. While the Internal Revenue Service (IRS) ...
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