US Treasury chief: Tax inversion action coming soon
This article was originally published in Scrip
"Clear-eyed" about the possibility Congress may not move quickly enough to curb the growing wave of tax inversion deals, in which American companies are moving overseas to avoid paying US taxes, the Obama administration has been preparing to take action on its own, and US Treasury Secretary Jack Lew on 8 September said he will in the "very near future" reveal exactly what those plans entail.
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