Tax Inversions

Matthew Turchiaro

Abstract


A new form of tax avoidance, called Inversion, had allowed many large corporations to avoid paying the lion’s share of their respective profits to local, state and federal governments. This allows their CEOs, other executives and lawyers to take home enormous bonuses for themselves, increasing the severity of the wealth gap and undermining the authority of entire governments. This document aims to analyze how this is possible in a globalized economy and what can be done about such an issue.

Keywords


taxation; law; taxes; tax inversion; corporate law; corporate taxation; finance

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