Randi Hernandez was science editor at BioPharm International from September 2014 to May 2017.
Officials Propose Corporate Tax Holiday
July 9th 2015The United States Treasury Department introduced policy in September 2014 to discourage companies from merging with foreign companies in another fiscal jurisdiction to escape tax responsibilities. The policy was enacted to make inversion more difficult and to curb a company’s acquisition of a related foreign company for the sole purpose of avoiding United States corporate tax rates.