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Think Tank Urges Treasury To Strengthen Anti-Inversion Regs

Law360, New York (August 7, 2017, 6:00 PM EDT) -- A tax policy think tank is standing out as a rare voice among numerous experts and private interests calling for the death of Obama-era tax regulations discouraging corporations from shifting profits overseas, saying in a letter Monday that these rules should not only survive but also be widened in scope.

The Institute on Taxation and Economic Policy, a nonprofit, nonpartisan research organization, urged the U.S. Department of the Treasury, which is eyeing the Section 385 rules for possible repeal or modification, to keep the rules and...
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