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CNBC Fast Money April 4, 2016

With the details. Reporter hi, melissa. Treasury is implementing imposed regulations on tax inversions, an issue weve heard a lot about, criticism from both Hillary Clinton and donald trump. Now treasury saying its taking new regulatory steps. Heres what treasury says is actually happening. They will try to limit inversions by disregarding foreign parent stock attributable to recent inversions or acquisitions of companies and they will try to address earnings stripping by targeting transactions that generate large interest deductions allowing the irs on audit to have debt instruments and debt equity and requiring certain implementations of debt instrumentation of what is debt and not deal in one of the tax inversion deals. Treasury has done this two times before and on a Conference Call with reporters that happened a few minutes ago they declined to say whether the two previous actions the treasury has taken actually had any effect in limiting the tax inversion transactions. Mel sla .

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