Discretionary Effort Beats an Inversion Strategy Any Day

Business news has been rife of late with coverage of U.S.-based corporations (e.g., Medtronic, Walgreen, AbbVie, Pfizer, Aon, Eaton, Omnicon) either attempting or completing an effort to re-flag the business as a non-U.S. entity. By and large, companies are using such “inversion” strategies in an effort to reduce corporate income taxes (e.g., Ireland’s headline rate is […]