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Treasury Decision: 'Inversion' Tax Cheats May Finally Get Their Due

Treasury Decision: 'Inversion' Tax Cheats May Finally Get Their Due
The practice of "inversions," whereby a US corporation gobbles up a foreign entity than basically revokes its citizenship to avoid taxes, is getting some heavy scrutiny by Treasury Department head, Jack Lew. Lew will rule soon to diminish incentives that lead companies down the rosy tax cheat path.
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