'Unpatriotic Loophole' Targeted by Obama Costs $2 Billion

December 02, 2014

“The inversion rules simply set U.S. companies up for takeovers by larger foreign acquirers. It doesn’t stop the flow of capital out of the U.S. It simply changes the vehicle for leaving.”

- Linda Z. Swartz, Chair of the Tax group at Cadwalader, commenting in Bloomberg on the potential ramifications of the Treasury's anti-inversion rules for U.S. companies.

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