Treasury weighs weakening rules to curb corporate tax inversions: report marketwatch.com/story/tre…
πŸ‘︎ 63
πŸ’¬︎
πŸ‘€︎ u/MortWellian
πŸ“…︎ Oct 08 2019
🚨︎ report
Upset about Burger King’s tax inversion? Blame Congress. "Our legislators have created a system in which it’s easier to boost profits through tax strategy innovation than actual product innovation, and firms respond accordingly." washingtonpost.com/opinio…
πŸ‘︎ 5k
πŸ’¬︎
πŸ‘€︎ u/Libertatea
πŸ“…︎ Sep 05 2014
🚨︎ report
Hillary Clinton on Wednesday will unveil a proposal for a new "exit tax" aimed at cracking down on corporate inversions, a practice that permits U.S. companies to merge with corporations overseas to lower their tax bill. bigstory.ap.org/urn:publi…
πŸ‘︎ 426
πŸ’¬︎
πŸ‘€︎ u/emr1028
πŸ“…︎ Jan 07 2016
🚨︎ report
Promises of corporate tax reform are forgotten as Obama wages war on tax inversions economonitor.com/dolaneco…
πŸ‘︎ 408
πŸ’¬︎
πŸ‘€︎ u/IslandEcon
πŸ“…︎ Apr 11 2016
🚨︎ report
Sanders introduces major clean energy jobs package. The costs for these proposals are completely offset by repealing all subsidies for fossil fuels and ending the tax breaks that encourage corporate inversions. sanders.senate.gov/newsro…
πŸ‘︎ 1k
πŸ’¬︎
πŸ‘€︎ u/relevantlife
πŸ“…︎ Dec 31 2015
🚨︎ report
Burger King to avoid US taxes by becoming "Canadian" through Tim Hortons tax inversion online.wsj.com/articles/b…
πŸ‘︎ 767
πŸ’¬︎
πŸ“…︎ Aug 25 2014
🚨︎ report
Burger King in talks to buy Tim Hortons in tax inversion online.wsj.com/articles/b…
πŸ‘︎ 255
πŸ’¬︎
πŸ‘€︎ u/BeerOnTheSun
πŸ“…︎ Aug 25 2014
🚨︎ report
Pfizer’s Merger Proposal With Irish Company Rekindles Fight Over Tax β€˜Inversions’: "...what was especially galling about this tax-driven merger was that Pfizer had benefited from years of federal research, tax incentives and patent protection" nytimes.com/politics/firs…
πŸ‘︎ 282
πŸ’¬︎
πŸ‘€︎ u/WildAnimus
πŸ“…︎ Nov 24 2015
🚨︎ report
Walgreens, Pfizer, Medtronic and some other big American companies are working on a tax trick known as inversion. By acquiring or merging with a foreign company β€” the inversion β€” big companies can reduce or eliminate federal and state taxes on profits in the U.S. america.aljazeera.com/opi…
πŸ‘︎ 348
πŸ’¬︎
πŸ‘€︎ u/IsleCook
πŸ“…︎ Jul 17 2014
🚨︎ report
Two Senate Democrats want to force U.S. companies to pay an exit tax on any profits held overseas if the companies decide to reincorporate abroad to cut their tax bills, the latest in a slew of proposals to stem such "inversion" deals. reuters.com/article/2014/…
πŸ‘︎ 276
πŸ’¬︎
πŸ‘€︎ u/theombudsmen
πŸ“…︎ Sep 19 2014
🚨︎ report
Obama Administration To Take Action Against Tax-Avoidance Inversion Deals huffingtonpost.com/2014/0…
πŸ‘︎ 135
πŸ’¬︎
πŸ‘€︎ u/Carin-Belle
πŸ“…︎ Sep 23 2014
🚨︎ report
In wake of Panama Papers, Obama calls on Congress to fix tax 'inversions' usatoday.com/story/news/p…
πŸ‘︎ 244
πŸ’¬︎
πŸ‘€︎ u/simplebicara
πŸ“…︎ Apr 06 2016
🚨︎ report
Chamber urges Treasury to withdraw rules on inversions, estate tax thehill.com/policy/financ…
πŸ‘︎ 23
πŸ’¬︎
πŸ‘€︎ u/hkpp
πŸ“…︎ May 15 2017
🚨︎ report
The Obama administration just took action to curb corporate inversions. It’s the right move against tax avoiders. "... according to the fact sheet from Treasury, 'significantly diminish the ability of inverted companies to escape U.S. taxation'” washingtonpost.com/postev…
πŸ‘︎ 100
πŸ’¬︎
πŸ‘€︎ u/Libertatea
πŸ“…︎ Sep 24 2014
🚨︎ report
Hillary Clinton on Wednesday will unveil a proposal for a new "exit tax" aimed at cracking down on corporate inversions, a practice that permits U.S. companies to merge with corporations overseas to lower their tax bill. hosted.ap.org/dynamic/sto…
πŸ‘︎ 49
πŸ’¬︎
πŸ‘€︎ u/TwoGee
πŸ“…︎ Dec 07 2015
🚨︎ report
Mylan Labs (MYL), the Pittsburgh-based pharmaceutical giant at the center of a major drug pricing storm over the EpiPen, managed to pull off a tax-ducking corporate inversion just a year and a half ago foxbusiness.com/markets/2…
πŸ‘︎ 67
πŸ’¬︎
πŸ‘€︎ u/tapperscrime
πŸ“…︎ Aug 24 2016
🚨︎ report
The Obama administration cracked down Monday on so-called tax inversions, aiming to curb a spate of American companies shifting overseas in an attempt to shirk paying U.S. taxes mercurynews.com/business/…
πŸ‘︎ 195
πŸ’¬︎
πŸ‘€︎ u/DoremusJessup
πŸ“…︎ Sep 22 2014
🚨︎ report
Obama plan to stop tax inversions stirs U.S. business concerns msn.com/en-us/money/compa…
πŸ‘︎ 57
πŸ’¬︎
πŸ‘€︎ u/flyingfig
πŸ“…︎ Jul 14 2016
🚨︎ report
Shares in Allergan plunged 22% in extended trading after the U.S. Treasury announced new measures aimed at curbing tax-avoiding corporate inversions.

The changes are thought to throw the Dublin-based Allergan's $160B merger with U.S. rival Pfizer into doubt. Following the news, the firms issued a joint statement: "We are conducting a review of the actions announced today. Prior to the review, we won't speculate on any potential impact."

πŸ‘︎ 54
πŸ’¬︎
πŸ‘€︎ u/mizkovi
πŸ“…︎ Apr 05 2016
🚨︎ report
In wake of Panama Papers, Obama calls on Congress to fix tax 'inversions' wfaa.com/mb/news/nation-n…
πŸ‘︎ 26
πŸ’¬︎
πŸ‘€︎ u/CarrollQuigley
πŸ“…︎ Apr 05 2016
🚨︎ report
Obama to address new rules to deter 'tax inversions' bigstory.ap.org/d73da872d…
πŸ‘︎ 57
πŸ’¬︎
πŸ‘€︎ u/AnnaeusLucius
πŸ“…︎ Apr 05 2016
🚨︎ report
If/when US ends tax inversion, who loses?

If/when the US government ends tax inversion, who loses? Companies will , on a net basis have more cash, so who will have less cash? Directly it might be the US government but there will be other losers as well no?

πŸ‘︎ 29
πŸ’¬︎
πŸ‘€︎ u/paulx441
πŸ“…︎ Sep 09 2014
🚨︎ report
Tim Hortons, Burger King merger fallout: U.S. cracks down on tax inversions cbc.ca/news/business/tim-…
πŸ‘︎ 24
πŸ’¬︎
πŸ‘€︎ u/winterblink
πŸ“…︎ Sep 23 2014
🚨︎ report
Pfizer and Allergan merge in $160B tax inversion deal usatoday.com/story/money/…
πŸ‘︎ 44
πŸ’¬︎
πŸ‘€︎ u/Cantholditdown
πŸ“…︎ Nov 23 2015
🚨︎ report
Obama: Offshore 'tax inversions' are unpatriotic bigstory.ap.org/article/o…
πŸ‘︎ 116
πŸ’¬︎
πŸ‘€︎ u/marx2k
πŸ“…︎ Jul 26 2014
🚨︎ report
The Obama administration is weighing plans to circumvent do-nothing Congress and act on its own to curtail tax benefits for United States companies that relocate overseas to lower their tax bills, seeking to stanch a recent wave of so-called corporate inversions nytimes.com/2014/08/06/bu…
πŸ‘︎ 73
πŸ’¬︎
πŸ‘€︎ u/circularoad
πŸ“…︎ Aug 06 2014
🚨︎ report
Matthew Yglesias on Twitter: "Trump is building a workers’ party by making tax inversions easier and bank regulation laxer" twitter.com/mattyglesias/…
πŸ‘︎ 15
πŸ’¬︎
πŸ“…︎ Apr 22 2017
🚨︎ report
Hillary Clinton Calls Johnson Controls-Tyco Deal β€˜Outrageous,’ Will Block Inversions With An β€˜Exit Tax’ ibtimes.com/hillary-clint…
πŸ‘︎ 5
πŸ’¬︎
πŸ‘€︎ u/miltonmania
πŸ“…︎ Jan 26 2016
🚨︎ report
Sen. Elizabeth Warren on Corporate Tax Inversion youtube.com/watch?v=aYKp-…
πŸ‘︎ 59
πŸ’¬︎
πŸ‘€︎ u/clammjam
πŸ“…︎ Aug 07 2014
🚨︎ report
ELI5: Bernie vs Hillary on Corporate Inversion & International Tax Policy

Can somebody please help me understand where the differences are between the two candidates in regard to corporate inversion & international tax policy?

I found this link: https://ourfuture.org/20160126/the-latest-tax-scam-corporate-inversion-who-pays-instead

While it looks like they have relatively similar platforms, I find myself distrustful of most things HRC proposes and feel like there's fine print somewhere.

So far what concerns me is the "exit tax" having no rate or range defined. Am I missing something else?

Thanks!

P.S. I know this is activism mode, so answer quickly and then get back to volunteering. ;-)

πŸ‘︎ 57
πŸ’¬︎
πŸ‘€︎ u/hcollider
πŸ“…︎ Mar 19 2016
🚨︎ report
AAFES Leadership: With Burger King planning an Inversion to shift their corporate HQ/tax base to Canada, How does that impact their contracts on military bases?

Military folks: if they get removed (as some congress critters are already calling for), what replacement fast food chain(s) would you like to see replace them?

πŸ‘︎ 11
πŸ’¬︎
πŸ‘€︎ u/PirateKilt
πŸ“…︎ Aug 27 2014
🚨︎ report
The Obama administration can make tax inversions less economically attractive to U.S. companies if Congress doesn’t act to curb the practice, Treasury Secretary Jacob J. Lew said bloomberg.com/news/2014-0…
πŸ‘︎ 18
πŸ’¬︎
πŸ‘€︎ u/DoremusJessup
πŸ“…︎ Sep 10 2014
🚨︎ report
Obama plan to stop tax inversions stirs U.S. business concerns reuters.com/article/us-us…
πŸ‘︎ 19
πŸ’¬︎
πŸ“…︎ Jul 18 2016
🚨︎ report
Democrats Ask Obama to Act Alone to Stop Tax Flight: Obama Studying Administrative Action on Corporate Inversions "The Obama administration is weighing plans to circumvent Congress and act on its own to curtail tax benefits for United States companies that relocate overseas to lower their tax bills" nytimes.com/2014/08/06/bu…
πŸ‘︎ 23
πŸ’¬︎
πŸ‘€︎ u/row_guy
πŸ“…︎ Aug 05 2014
🚨︎ report
A Corporate Tax Dodge Gets Harder: "The Treasury Department deserves credit for tackling the problem. But its regulatory powers, though powerful, are limited. Only Congress can fully stop inversions and the looting of the American corporate taxes." nytimes.com/2016/04/07/op…
πŸ‘︎ 76
πŸ’¬︎
πŸ‘€︎ u/twenty-twenty
πŸ“…︎ Apr 07 2016
🚨︎ report
Walgreens has come under pressure from an influential group of its shareholders, who want the US pharmacy chain to consider relocating to Europe, in what would be one of the largest tax inversions ever attempted. ft.com/cms/s/0/55a76778-c…
πŸ‘︎ 47
πŸ’¬︎
πŸ‘€︎ u/cavehobbit
πŸ“…︎ Apr 14 2014
🚨︎ report
A Recent Tax Inversion Shows Why More Are On The Way (infoVISUAL) fiscalpost.com/2016/01/a-…
πŸ‘︎ 29
πŸ’¬︎
πŸ‘€︎ u/JohnnyPepper
πŸ“…︎ Jan 30 2016
🚨︎ report
The Border Adjustment Tax For Dummies: Balancing the US trade deficit and corporate inversions forbes.com/sites/anthonyn…
πŸ‘︎ 4
πŸ’¬︎
πŸ‘€︎ u/redpillavatar
πŸ“…︎ Feb 05 2017
🚨︎ report
Wistopia: Corporate Inversion and Other Tax Avoidance Schemes Alive and Well in Wisconsin ourwistopia.org/articles/…
πŸ‘︎ 15
πŸ’¬︎
πŸ‘€︎ u/Our_Wistopia
πŸ“…︎ Jan 30 2016
🚨︎ report
Lew Tries to Limit Tax-Cut Deals With Inversion Crackdown bloomberg.com/news/2014-0…
πŸ‘︎ 52
πŸ’¬︎
πŸ‘€︎ u/Bemuzed
πŸ“…︎ Sep 23 2014
🚨︎ report
Johnson Controls, Tyco to merge in tax inversion deal

Johnson Controls Inc. and Tyco International PLC agreed to merge, the companies said Monday, in a deal that will place the combined company’s headquarters in Ireland.

The deal’s value was unclear and representatives didn’t immediately respond to requests for comment.

Under the terms of the agreement, Johnson Controls will own about 56% of the merged company. The new firm will be renamed Johnson Controls PLC and maintain Tyco’s Irish legal domicile.

The companies said the merged entity would save at least $150 million a year on taxes and at least $500 million in costs over the first three years after the completion of the deal.

The deal is expected to be completed in by the end of 2016, the companies said.

πŸ‘︎ 15
πŸ’¬︎
πŸ‘€︎ u/MartEden
πŸ“…︎ Jan 25 2016
🚨︎ report
U.S. to Curb 'Earnings Stripping' In Move On Tax Inversions bloomberg.com/news/articl…
πŸ‘︎ 31
πŸ’¬︎
πŸ‘€︎ u/Intense_introvert
πŸ“…︎ Apr 04 2016
🚨︎ report
Trump Order Takes Aim at Tax Regulations Imposed by Obama: The order asks Mr. Mnuchin to review tax regulations imposed by President Obama. Those include efforts to clamp down on corporate inversions in which American companies merge with foreign companies to take advantage of lower tax rates abroad nytimes.com/2017/04/21/us…
πŸ‘︎ 5
πŸ’¬︎
πŸ“…︎ Apr 21 2017
🚨︎ report

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