In the News – Pros and cons of corporate inversions
Abstract: Establishing a tax domicile abroad — also known as a corporate inversion or expatriation — is a tax strategy that’s gotten a lot of media attention this year. But corporate inversions are nothing new. More than 50 large companies have expatriated over the last three decades. This article discusses the pros and cons, noting a Reuters study that failed to find a reliable correlation between tax savings from corporate inversions and shareholder returns.