Clinton Corporate Inversion Proposals Would Kill Tax Benefits of Pfizer-Allergan Merger

Washington, D.C. – Frank Clemente, executive director of Americans for Tax Fairness Action Fund, released the following statement in support of Hillary Clinton’s plan to end corporate inversions:

“We support Secretary Clinton’s bold proposal to close the corporate inversion tax loophole, which lets U.S. multinationals desert America to dodge taxes by changing their legal address to an offshore location, typically a tax haven.

“If this proposal were to become law, the tax benefits of the planned Pfizer-Allergan merger would evaporate. Continue reading →