inversions

: TaxVox

Treasury Keeps Obama Administration Earnings Stripping Regulations, But Limits Them

Yesterday, the Treasury Department announced it would keep, but limit, an important tool added by the Obama Administration to stem tax-driven corporate inversions: the regulations...

November 1, 2019Steven M. Rosenthal

Individual Taxes: TaxVox

One Downside Of Inversions: Higher Tax Bills For Stockholders

Corporate inversions are all the rage these days as U.S. businesses merge with foreign firms and then restructure the combined businesses as foreign-based corporations. That yields tax benefits and may boost their after-tax profits, but it can also leave their stockholders with unwanted capital

August 20, 2014Roberton C. Williams

Individual Taxes: TaxVox

Can Obama slow corporate inversions? Yes he can.

Politicians can debate whether corporate tax inversions are “unpatriotic” or simply a legitimate technique to reduce taxes--and commentators can argue over whether anything should be done to stop them. Experts also disagree about whether President Obama and his Treasury Secretary have the legal

August 15, 2014Steven M. Rosenthal

Individual Taxes: TaxVox

The Great Tax Inversion Death Spiral

Congress and corporate America are in a dangerous and mutually destructive race: The more lawmakers threaten to ban the practice of inversions—where U.S. based multinationals merge with foreign firms to lower their tax bill-- the more firms race to complete the deals while they can. The more deals

July 17, 2014Howard Gleckman

: TaxVox

Tax Freedom, Tax Avoidance

On the Hill, a vote on internet tax freedom. The House Judiciary Committee expects to mark up a bill to prevent states and cities from taxing internet access tomorrow. The “ Permanent Internet Tax Freedom Act ” has bipartisan support in both the House and Senate. State and local internet taxes have

June 17, 2014Renu Zaretsky

Individual Taxes: TaxVox

Are Multinationals Getting Tired of Waiting for Corporate Tax Reform?

Is it possible that U.S.-based multinationals are getting tired of waiting for Congress to enact corporate tax reform? Seeking cash for domestic acquisitions, some of the nation’s best-known firms are starting to bring back their foreign earnings. Some are finding ways to avoid paying tax at all on

May 15, 2014Howard Gleckman