Administration Pushing Curbs On Tax Inversions, Chances Slim

The Wall Street Journal’s Market Watch talks to analysts who say the chances for legislation that would curb tax inversions, whereby U.S. companies buy subsidiaries in low-tax venues like Ireland and reincorporate there, are slim. At a time when more and more companies are using the inversion strategy – fifty in the last 10 years, with some major deals pending – Treasury Secretary Jacob J. Lew has been talking up the idea, as part of a larger package of tax reforms and programs to fund infrastructure projects. The votes wouldn’t be there, according to the analysts. The Market Watch post includes a chart showing the 22 companies in the S&P 500 that are headquartered outside the United States.