Contact us today at: (703) 712-8000         

Shareholders Beware: U.S. Government Wants to Put a Stop to “Corporate Inversions”

15Jul2016

Shareholders Beware: U.S. Government Wants to Put a Stop to “Corporate Inversions”

It is no surprise that U.S. corporations are looking for ways to move away from the 35 percent corporate tax rate. In the past 10 years many companies have taken advantage of a legal provision allowing a merger with an offshore counterpart and moving the corporate headquarters abroad (to take advantage of lower taxes) as long as at least 20 percent of its shares are held by the foreign company’s shareholders after the merger. The federal government has taken notice of the huge rise in the number of U.S. corporations that have reincorporated overseas in recent years.  See more at: Link

Please share:
  • 15 Jul, 2016
  • suzette blackwell
  • 0 Comments

Share This Story

Categories

Comments

Leave a Reply

Your email address will not be published. Required fields are marked *