Also published in Accounting Today:
10 Biggest Estate Planning Mistakes
x hide permanently

Treasury Examining Inversion Limits Without Congress Action

Accounting Today

(Bloomberg) The U.S. Treasury Department is examining whether it has the authority to bypass Congress and curb corporate inversions, reversing the administration’s prior insistence that it lacked power to act. Jacob Lew “Treasury is reviewing a broad range of authorities for possible administrative actions that could limit the ability of companies to engage in inversions,” the department said in a statement today.