American companies change address to avoid corporate taxes
Clip: 8/26/2014 | 6m 28s
Jeffrey Brown learns more tax inversion from Roberton Williams of the Tax Policy Center.
In the past three years, 22 American companies have relocated outside U.S. borders, usually through mergers with or purchases of a foreign company. That move, known as a tax inversion, means corporations are no longer subject to American corporate taxes. Jeffrey Brown learns more about the strategy and its effect on the economy from Roberton Williams of the Tax Policy Center.
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Major corporate funding for the PBS News Hour is provided by BDO, BNSF, Consumer Cellular, American Cruise Lines, and Raymond James. Funding for the PBS NewsHour Weekend is provided by...
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American companies change address to avoid corporate taxes
Clip: 8/26/2014 | 6m 28s
In the past three years, 22 American companies have relocated outside U.S. borders, usually through mergers with or purchases of a foreign company. That move, known as a tax inversion, means corporations are no longer subject to American corporate taxes. Jeffrey Brown learns more about the strategy and its effect on the economy from Roberton Williams of the Tax Policy Center.
Problems playing video? | Closed Captioning Feedback
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Major corporate funding for the PBS News Hour is provided by BDO, BNSF, Consumer Cellular, American Cruise Lines, and Raymond James. Funding for the PBS NewsHour Weekend is provided by...