Looking inside ourselves and out at the world
Independent and neutral with regard to all political and religious orientations,® aims to promote awareness of the major democratic principles on which tolerance is based.

US Treasury Seeks to Stop Corporate Inversion Deals

The Obama administration says it has taken the first step to discourage U.S. companies from moving their tax residence overseas to avoid paying their fair share of American taxes. The U.S. Treasury Department has announced new regulations designed to limit the ability of companies to seek refuge in lower tax countries through so-called "corporate inversions," in which a U.S. company acquires a foreign company and becomes that company for tax purposes.   The Treasury...

Read complete article
© Voice of America -

Follow us on ...
Facebook Twitter