Crackdown On Tax Inversions May Lead To Fewer Spin Offs
Lexology has a nice overview of tax inversions and the government response to them. Of particular note to us was one practice Treasury has sought to end, known as “spinversions”: No Spinversions. The U.S. entity would not be allowed to transfer its assets to its current foreign subsidiaries and then spin off those subsidiaries to its public shareholders… Read More »