New Treasury Department rules designed to rein in tax-avoidance deals in which big American companies move overseas are unlikely to end the practice and are a diversion from broader tax reform. The rules, issued late Monday, come on the heels of recent headline-making transactions, including a $12.5 billion deal by Miami-based Burger King Worldwide Inc. to…
U.S. Crackdown on Inversions Isn’t All It’s Cracked up to Be
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