By Rob Trammell, Principal
Recently, a number of U.S. corporations –including Burger King, Medtronic, and Steris Corp. – have announced possible plans to move their corporate addresses overseas by merging with a foreign company. Some worry that the recent influx of inversions will harm the U.S. and its tax base. But why so much interest in corporate inversions, what are the benefits, what is the IRS’s stance on this issue, and how can it impact you as a shareholder?