Back in July I asked Jack Lew if there was anything the Secretary of the Treasury could do to stop inversions. He told me NO, that it was up to Congress. Boy was that false. There ARE in fact steps the Treasury Department can take to make it more difficult for companies to strike tax-inversion deals, which I suggested MONTHS ago. Infuriating inefficiencies in governance. But the plus side? Theres a BUY at the end of this equation.
Posted on: Tue, 23 Sep 2014 19:44:15 +0000
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