tax inversion

Popular Terms
·    The relocation of a company's corporate headquarters to a different country with lower taxes. While the headquarters is relocated, the majority of the company's operationstypically remain in the higher-tax country of origin. U.S. corporations are more likely to relocate due to high U.S. income taxes. This relocation can also been seen as an act of tax avoidance

Use 'tax inversion' in a Sentence

In hopes of reducing the overall tax bill, the U.S. corporation moved its corporate headquarters to the United Kingdom, thus committing tax inversion.
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