The Battle Over U.S. Corporate Tax Inversion (Tom Ashbrook, On Point)

It’s a neat trick for big American companies to avoid a heap of American taxes:  stop being American.  American corporations are bailing out of American “citizenship.”  One day they are proudly based in the USA.  The next, they’re not.  They’re suddenly Irish or Dutch or Australian or Israeli.  And paying lower taxes on the same operations.  It’s technically called “inversion.”  Last week President Obama called it desertion.  It’s a big deal. This hour On Point:  American companies, bailing out on American taxes – and what to do about it.

Interview:
https://onpoint.wbur.org/2014/07/28/tax-avoidance-tax-inversion-corporate-taxes