The Morning Ledger: Why CFOs Should Look Past Numbers to Evaluate a Deal - btbirkett@gmail.com - Gmail
Takeovers see U.S. losing tax revenue. Just months after the Obama administration cracked down on mergers that helped U.S. companies skirt domestic taxes, a wave of foreign takeovers is steering more tax revenue away from Uncle Sam. New Treasury rules that make “tax inversion” deals less appealing don’t apply to foreign firms. “If you make inversions more difficult, more U.S. companies may simply be acquired,” said Robert Scarborough, a partner at law firm Freshfields Bruckhaus Deringer LLP.
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