ALJAZAM Inside Story August 18, 2014
Not be household names, but theyre among the 22 u. S. Corporations to announce a tax inversion deal since 2011. By buying in a different country, they can move their operations overseas and pay lower rates. They can manufacture their products in the u. S. , and sell primarily to u. S. Consumers, and still officially call another country home. President obama said that it lacks patriotism. And they want them to crackdown. They say that the United States high corporate rates are to blame. Debate is heating up and its as much about politics as dollars and cents. When some companies cherry picks t...