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Treasury Department sets its sights against inversions

2016-04-05 02:28:41| Biotech - Topix.net

" The Treasury Department announced a new package of rules Monday aimed at making "tax inversions" " when U.S. companies move abroad for lower tax rates " less financially appealing. The new regulations, the third round that Treasury has put forward on inversions, seek to limit internal corporate borrowing that shifts profits out of the United States.

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