Corporate Inversion
The act of a parent company, whose headquarters are located within U.S. borders, switching registration with their offshore subsidiary in order to take advantage of foreign tax benefits. Investopedia Says:
This practice is becoming more popular due to increasing offshore tax advantages and corporate mobility. The U.S. government is attempting to restrict corporate inversion because of losses in tax revenue. Related Terms:
Corporate Tax
Corporation
Multinational Corporation
Subsidiary
Taxes |