Treasury’s New Inversion Regs Aren’t Just About Inversions
- Friday, April 8, 2016, 11:21
- Entrepreneurs
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On April 4 Treasury discarded its delicate, targeted approach to combating inversions and used its nuclear option. The government issued new proposed regulations under section 385 that would not just affect inversions, but would completely change how the United States deals with earnings stripping and debt versus equity capital. In response, Pfizer and Allergan called off their merger April 6.
http://www.forbes.com/sites/taxanalysts/2016/04/08/treasurys-new-inversion-regs-arent-just-about-inversions/
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