Deals
With Big Deals Quiet, Treasury Waits on Next Anti-Inversion Rule
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The U.S. Treasury Department last September issued a stern warning to companies examining inversion deals: Tough rules are coming.
A year later, the companies and their tax lawyers are still waiting. The government hasn’t released its first detailed rules. And a potential second set targeting maneuvers that push profits out of the U.S. isn’t expected any time soon.