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Treasury's Lew urges action on 'inversion' tax deals

Started by riky, September 09, 2014, 09:00:24 AM

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riky

Treasury's Lew urges action on 'inversion' tax deals

<p><a href="http://news.yahoo.com/treasurys-lew-urges-action-corporate-inversion-tax-deals-134743023--business.html"><img src="http://l1.yimg.com/bt/api/res/1.2/...This TV Show is available upon demand...This means if you want the download link for this show, you should  reply here and we will reply  for you the download link ASAP...So please if you want to download this please don't hesitate reply here and we will be more than happy to post it for you....1yM9GlEMDJlzD1yOxErA--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9NzU7dz0xMzA-/http://media.zenfs.com/en_us/News/Reuters/2014-09-08T134743Z_1_LYNXMPEA870K5_RTROPTP_2_USA.JPG" width="130" height="86" alt="U.S. Treasury Secretary Jack Lew takes a question from a reporter during a cybersecurity-related tour of a Verizon network operations center at their facility in Ashburn, Virginia" align="left" title="U.S. Treasury Secretary Jack Lew takes a question from a reporter during a cybersecurity-related tour of a Verizon network operations center at their facility in Ashburn, Virginia" border="0" /></a>By Kevin Drawbaugh and Emily Stephenson WASHINGTON (Reuters) - Treasury Secretary Jack Lew called on Monday for prompt action to stem the surge of U.S. While proposals stacked up in Congress, Lew said the Treasury Department was evaluating &quot;what we can do to make these deals less economically appealing, and we plan to make a decision in the very near future.&quot; Senator Chuck Schumer, the No. 3 Senate Democrat, was circulating a draft bill to attack &quot;earnings stripping&quot; often associated with inversions. It was said to be applicable retroactively to deals as far back as 1994. Instead, it is a piece of political theater,&quot; James Lucier, a managing director at research group Capital Alpha Partners LLC, said in a client note.</p><br clear="all"/>

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