Hatch’s Conditions on Inversion Law Spotlight Partisan Gap
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Legislation to deter U.S. companies from moving their addresses overseas should avoid retroactive taxes, prevent a net tax increase and move toward a revamp of the tax code, Senator Orrin Hatch of Utah said today.
The comments by Hatch, the top Republican on the Senate Finance Committee, offered a slim prospect that Congress might find a path to a bipartisan agreement addressing the growing number of corporate inversion deals.