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The Conversation USA

Crackdown on corporate inversions highlights monstrosity of U.S. tax code

  • Written by The Conversation Contributor

Companies such as drugmaker Pfizer and medical device maker Medtronic that have used a technique called an inversion to reduce their tax bill recently got a smackdown from President Barack Obama:

I am very pleased that the Treasury Department has taken new action to prevent more corporations from taking advantage of one of the most insidious tax...

Read more: Crackdown on corporate inversions highlights monstrosity of U.S. tax code

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