In an article on corporate inversions (relocating their official headquarters to another country) the Washington Post told readers:
"the potential costs to the U.S. treasury are enormous. One measure, by the congressional Joint Committee on Taxation (JCT), suggests that the nation stands to lose nearly $20 billion in tax revenue over the next decade. Former JCT director Edward Kleinbard said he thinks the potential loss is much higher."
For those wondering how big a deal $20 billion over...
Published on August 06, 2014 02:14