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The Treasury Secretary, Jack Lew, just issued laws related to "inversion" where American firms buy out foreign and transfer their headquarters to the foreign fi
by davidf18 11y ago
The Treasury Secretary, Jack Lew, just issued laws related to "inversion" where American firms buy out foreign and transfer their headquarters to the foreign firm to avoid taxes. Pfizer was about to execute such an inversion until the new laws came out.
I hope that Treasury similarly will issue laws that prevents services such as Airbnb and Uber from escaping taxes.
- toomuchtodo 11y agoDon't just hope. Contact your representatives! Airbnb and Uber move offshore? Call Visa and Mastercard.