UPDATE 1-Some firms using tactic to avoid taxes -Treasury

Newswire

(Recasts, adds details, lobbyist comment) By David Lawder WASHINGTON, Nov 28 (Reuters) - U.S. companies that move their headquarters to overseas tax havens are rampantly "stripping" earnings to avoid paying U.S. corporate income taxes, according to a U.S. Treasury Department study released on Wednesday. At issue is the practice of using an "inversion" transaction to replace a U.S.-based parent company with a foreign parent in a low-tax or no-tax country, in order to become ...

Premium Content (PAID Subscription Required)

"UPDATE 1-Some firms using tactic to avoid taxes -Treasury" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:

  All of WardsAuto's reliable, in-depth industry reporting and analysis
  Hundreds of downloadable data tables including:
  •   Global sales and production data by country
  •   U.S. model-line inventory data
  •   Engine and equipment installation rates
  •   WardsAuto's North America Plant by Platform forecast
  •   Product Cycle chart
  •   Interrelationships among major OEMs
  •   Medium- and heavy-duty truck volumes
   •  Historical data and much more!


For WardsAuto.com pricing and subscription information please contact
Amber McLincha by email: amclincha@wardsauto.com or phone: (248) 799-2622
 

Current subscribers, please login or CLICK for support information.

Already registered? here.
WardsAuto Blogs
Aug 19, 2014
blog

Dodge Undergoes Brand ‘Purification’

The brand moves from overall mainstream to so-called mainstream-performance....More
Aug 15, 2014
blog

Is Your Classic Car Worthy of Historical Register?

“If we had a local fruit truck from Birmingham here or local delivery truck that is still around, a local firetruck, that’s every bit as important as the Washington Monument on the national level. It’s all part of our heritage, and heritage starts local," Mark Gessler says....More
Aug 11, 2014
blog

U.S. Luxury-Vehicle Sales Heading for Record Year

The upward movement in luxury penetration to 12.9% in 2014 has been an ongoing process for at least 34 years since the segment held a 4.8% share in 1980....More

Sponsored Introduction Continue on to (or wait seconds) ×