Senator warns of another potential corporate inversion at U.S. taxpayer expense
CHICAGO, IL–(ENEWSPF)–August 14, 2014. In a letter to the CEO of Lake Forest, Illinois-based Hospira, U.S. Senator Dick Durbin (D-IL) today urged the company not to turn its back on American taxpayers and consumers by taking advantage of a tax loophole called “inversion” which allows a company to move its headquarters overseas, but only on paper, in order to avoid paying U.S. taxes.
“Hospira’s…
