The "Enormous" Cost of Corporate Inversions: Really Big Numbers at the Washington Post

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...

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Published on August 06, 2014 02:14
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