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Author Archives: Lynn Russo Whylly

Lynn Russo Whylly

5 Things You Need to Know About the Treasury Dept.’s New Tax Inversion Rule

The U.S. Treasury Department unveiled measures on Monday to counteract tax-evading acquisitions in which U.S. corporations move offshore, largely for tax benefits. 1. The new rules primarily target companies that are serial inverters — those that complete multiple deals with American companies in a short period. 2. The rule took effect Monday, April 4, so any deal after that date is ...

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