IRS Tightening of Inversion Rules Demands Monitoring
September 29, 2014
IRS Notice 2014-52, issued September 22, takes aim at so-called "inversions," tightening the tax rules and restricting certain tax benefits, as explained in the linked alert. While the notice does not change the existing, parallel rules restricting the ability of inverted companies to obtain government contracts, government contractors should continue to monitor developments.
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