BDO Knows Retail & Consumer Products Alert - August 2014
BDO's Retail & Consumer Products practice just released its latest Alert on inversion transactions. Recently, a number of major multinational corporations have announced tentative plans to relocate their U.S. headquarters abroad in an attempt to reduce their corporate income tax liabilities. This practice, known as an "inversion transaction," can lower companies' tax burdens and costs, but it is also under considerable scrutiny from Congress and shareholders. To help businesses stay ahead of this practice and better understand what it entails, we have provided a background synopsis of inversion transactions, as well as details on their potential benefits and risks. For these insights and more, we encourage you to read the full Alert.