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Democrat targets corporate tax-avoidance deals in U.S. Congress

2015-11-10 05:55:40| Biotech - Topix.net

Tax-driven "inversion" deals that let companies flee the U.S. tax system by relocating abroad, if only on paper, would be curbed under legislation introduced in Congress, as Pfizer Inc ( Wisconsin Democratic Representative Mark Pocan's bills likely have little chance of advancing in the Republican-run Congress. But they represent renewed concern about the transactions.

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Category:Biotechnology and Pharmaceuticals

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