Jul 31, 2014

Tax Inversions Spinning Out of Control - NYTimes.com

Tax Inversions Spinning Out of Control - NYTimes.com:



"Health care companies lead the way trying to move domiciles. In just the past six months, there were $319 billion of announced deals in the sector, a figure that already exceeds the record volume in 2007. Companies with Irish headquarters like  Covidien, Elan and Warner Chilcott have already been devoured. Pfizer tried unsuccessfully to do the same with AstraZeneca for nearly $120 billion. Certain post codes now carry premium valuations."



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