U.S. Treasury Says Corporate Inversion Decision Coming Soon
U.S. Secretary of the Treasury Jacob Lew in a speech Monday at the Tax Policy Center that the department will decide “in the very very near future” on how to stymie a recent upswing in the tax-motivated corporate inversions.
The Treasury Secretary also reiterated that the Obama administration is weighing regulatory action to curtail the economic appeal of corporate inversions if lawmakers don’t reach an agreement.
Spate of corporate inversion . . .
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