Tax Inversions
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US President Barack Obama Praises Treasury Steps To Deter 'Tax Inversions'
President Barack Obama on Tuesday promoted federal steps to deter a corporate financial practice known as "tax inversions" and called on Congress to close "one of the most insidious tax loopholes out there," saying it short-changes the country.
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Obama Wants to Crack Down on US Firms' Tax Inversions
US multinational companies are increasingly seeking to reincorporate overseas through mergers and acquisitions to escape US taxes, raising concerns for the Obama administration.
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US President Barack Obama Praises Treasury Steps To Deter 'Tax Inversions'
President Barack Obama on Tuesday promoted federal steps to deter a corporate financial practice known as "tax inversions" and called on Congress to close "one of the most insidious tax loopholes out there," saying it short-changes the country.
-
Obama Wants to Crack Down on US Firms' Tax Inversions
US multinational companies are increasingly seeking to reincorporate overseas through mergers and acquisitions to escape US taxes, raising concerns for the Obama administration.
