Treasury’s Lew urges action on corporate ‘inversion’ tax deals

U.S. Treasury Secretary Jack Lew on Monday called for swift action to close a federal tax code “loophole” that allows businesses to reincorporate abroad to avoid U.S. corporate taxes, but offered no new ideas for how to do that. Amid growing concern among Washington policy-makers about these tran…

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Treasury’s Lew urges action on corporate ‘inversion’ tax deals