The U.S. corporate tax code has come under far more scrutiny than Pfizer in the wake of the giant drug maker’s announcement last week that it hopes to avoid billions of dollars in federal taxes by ...
What do these proposed or pending mergers have in common? Tax inversion. Tax inversion occurs when a U.S. corporation merges with a non-U.S. corporation. If non-U.S. shareholders own more than 20 ...