Senators Durbin, Schumer Introduce Legislation To Stem Recent Tide of Corporate Inversions By Limiting Earnind Stripping – Bill Would Curtail Major Incentive Causing U.S. Companies To Merge With Foreign Companies To Skirt U.S. Taxes
After Wave of U.S. Companies Merging with Foreign Corporations to Dodge U.S. Tax Responsibility, Including Iconic American Companies like Burger King, Senators Introduce Legislation To Remove Key Incentive for Companies to Invert