America Needs More Tax Inversion:
"Tax inversion is a method whereby a U.S.-multinational company takes over a foreign company and creates a new corporate entity that the U.S. “tax inversion” uses to leave U.S. tax jurisdiction (the newly created company re-incorporates overseas). With a single takeover the U.S. corporation is no longer American–it might be British or Irish and subsequently pay a much lower rate of tax."
'via Blog this'
