Sunday, July 27, 2014

Mark Cuban On Tax Inversions

Corporate (Tax) Inversion Definition From Investopedia:

"Re-incorporating a company overseas in order to reduce the tax burden on income earned abroad. Corporate inversion as a strategy is used by companies that receive a significant portion of their income from foreign sources, since that income is taxed both abroad and in the country of incorporation. Companies undertaking this strategy are likely to select a country that has lower tax rates and less stringent corporate governance requirements."


2 comments:

  1. Thanks for this great post. You talk about Tax Inversions. I have read your post. But unfortunately i see that, Your post is short. I need more information. I am waiting for your next post.

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