OrbitaxU.S. Treasury to Issue Additional Guidance to Deter Corporate Inversions and Calls on Congress for Legislative Action
|Approved Changes|United States
In a letter dated 18 November 2015 from U.S. Secretary of the Treasury Jack Lew to Senator Ron Wyden D-OR, Senator Orrin Hatch R-UT, Representative Kevin Brady R-TX and Representative Sander M. Levin D-MI, Secretary Lew announced Treasury's intent to issue additional targeted guidance to deter and reduce further the economic benefits of corporate inversions. The planned guidance follows signifi…
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