Wednesday, April 6, 2016

In wake of Panama Papers, Obama calls on Congress to fix tax 'inversions'

In wake of Panama Papers, Obama calls on Congress to fix tax 'inversions'-usatoday: President Obama hailed new Treasury Department rules cracking down on corporate tax inversions Tuesday, calling the practice of merging with a foreign company to escape U.S. taxes "one of the most insidious tax loopholes out there."