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Thursday, April 26, 2018
U.S. companies

Obama Wants To Crack Down On U.S. Firms’ Tax Inversions

Washington (AFP) — U.S. multinational companies are increasingly seeking to reincorporate overseas through mergers and acquisitions to escape U.S. taxes, raising concerns for the Obama administration. “It’s the height of economic absurdity but most of all it’s symptomatic of the difficulties of the American tax system,” said Pascal Saint-Amans, head of the tax division at […]

July 17, 2014