When a corporation moves its headquarters to a low-tax nation or corporate haven while retaining its material operations in its higher-tax country of origin, this is termed to be a corporate inversion.
Corporate inversion is a form of tax avoidance.
- McDermott to Panama, 1982
- Helen of Troy to Bermuda, 1994
- Tyco International to Bermuda, 1997
- Fruit of the Loom to the Cayman Islands, 1998
- Ingersoll-Rand to Bermuda, 2001
- Ensco to the United Kingdom, 2009
- Actavis to Ireland, 2013
- Corporate Inversion
- Subcommittee on Select Revenue Measures of the House Committee on Ways and Means (June 25, 2002). Statement of the Hon. Richard Blumenthal, Attorney General, Connecticut Attorney General's Office, Hearing on Corporate Inversions. Retrieved September 5, 2004.
- Corporate Inversions
- Corporate inversion transactions: Tax policy implications
- Drawing lines around Corporate Inversion
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