U.S. Treasury Says Corporate Inversion Decision Coming Soon

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Mani
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U.S. Secretary of the Treasury Jacob Lew in a speech Monday at the Tax Policy Center that the department will decide “in the very very near future” on how to stymie a recent upswing in the tax-motivated corporate inversions. The Treasury Secretary also reiterated that the Obama administration is weighing regulatory action to curtail the economic appeal of corporate inversions if lawmakers don’t reach an agreement. Spate of corporate inversion deals Tax inversions have become increasingly popular with a variety of American companies in recent years. Tax inversions help U.S. companies to pay lower tax rates by setting up offices…

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Mani is a Senior Financial Consultant. He has worked in Senior Management role in large banking, financial and information technology organizations. He has provided solutions for major banking and securities firms across the globe in the area of retail, corporate and investment banking. He holds MBA (Finance) and Professional Management Accounting Qualifications. His hobbies are tracking global financial developments and watching sports