Corporate Inversions Through The Years [CHART]
Forty-seven U.S. corporations have reincorporated overseas through corporate inversions in the last 10 years, far more than during the previous 20 years combined, according to new data compiled by the Congressional Research Service. In total, 75 U.S. corporations have inverted since 1994 – with one other inversion occurring in 1983. What’s more, there are a dozen prospective inversion deals involving U.S. corporations looking to reincorporate overseas, according to CRS. A May 2014 report from the Congressional Research Service on corporate inversions is available here.
H/T Ritholtz
Source: Ways and Means Committee Democrats
