'Earnings Stripping' Fix Could Blunt Foreign Investment
By Ama Sarfo ( August 22, 2014, 5:19 PM EDT) -- New York Sen. Charles Schumer recently escalated the corporate inversion debate by pitching a proposal to blunt "earnings stripping" — where U.S. subsidiaries deduct interest payments on debt owed to their foreign parent — and experts worry the scheme could hurt non-inverting companies if it isn't narrowly crafted....
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