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Orrin Hatch

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  • U.S. moves to curb tax bill reducing inversions

     U.S. moves to curb tax bill reducing inversions
    With Congress unable to agree on legislation to stem a surge of offshore corporate moves, the Obama administration took executive action Monday to discourage companies from shifting their headquarters abroad to reduce their U.S. tax bills.
  • Treasury takes steps to discourage offshore tax-shifting inversions

    Treasury takes steps to discourage offshore tax-shifting inversions
    The Obama administration on Monday announced long-awaited executive actions to try to discourage companies from reincorporating abroad to reduce their U.S. taxes. The steps -- technical revisions to the tax code -- will "meaningfully reduce the economic...

    Treasury moves against 'inversion' deals

    Treasury moves against 'inversion' deals
    WASHINGTON -- Moving against tax avoidance by corporations, the Obama administration took several actions on Monday to curb “inversion” deals that allow companies to escape high U.S. taxes by reincorporating abroad. The Treasury Department...

    U.S. Treasury moves against tax-avoidance 'inversion' deals

    WASHINGTON (Reuters) - Moving against tax avoidance by corporations, the Obama administration took several actions on Monday to curb "inversion" deals that allow companies to escape high U.S. taxes by reincorporating abroad. The Treasury Department...

    Obama administration moves to discourage corporate 'inversions'

    WASHINGTON The Obama administration announced regulatory steps Monday to deter U.S. corporations from merging with foreign companies and shifting their headquarters to countries with lower tax rates. The new measures, which take effect immediately, would...