Burger King deal prompts crackdown on companies exiting U.S.

WASHINGTON – The White House administration is cracking down on American companies that seek to reincorporate overseas or in Canada to avoid paying U.S. taxes. In a so-called “tax inversion,” a U.S. business merges with or is acquired by a foreign company in a country with a lower tax rate. Analysts suggest it could be Burger...

Source: Burger King deal prompts crackdown on companies exiting U.S.