Skip to content
Subscriber Only

Hedge Funds Hunting Clues in Treasury Tax-Inversion Limit

Tax lawyer Robert Wellen’s telephone keeps ringing with calls from hedge-fund executives he’s never met.

They’re desperate for clues about the Treasury Department’s planned crackdown on corporate inversions, overseas mergers that cut companies’ U.S. tax payments. The barrage of out-of-the-blue queries in the past several weeks is unprecedented in his 40-year career, Wellen said.