Latest Breaking News On - New prairie high school - Page 1 : comparemela.com

Taxpayers. The issue that we seek to address is known technically as corporate inversion. The details of inversion sound complex, but the principle is not. Inversion means avoiding potentially billions of dollars in u. S. Taxes by changing a corporations address for tax purposes to an offshore location. What we have here is a taxable scheme, an enormous loophole that allows companies to avoid billions in taxes without any significant change in where they operate, where their profits are generated, where the location of the executives who manage and control these corporations. A recent prominent example involves pfizer, a u. S. Drug company, and astrozeneca, a u. S. Based company. This corporate takeover which pfizer makes abundantly clear is all about avoiding u. S. Taxes has gotten a lot of attention and for good reason. It would cost the United States about a billion dollars a year in tax revenue. But this is not just about two companies. This is not just about one merger. Even a mer

New yorkUnited statesRhode islandDistrict of columbiaCenter runElk hartAnthony kennedyDana j hydeSusan mccueJesse williamsDale mathewsTax purposesCompanies avoidYear taxCompetitive pressureScores companies