New tax rules aim to curb inversion

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The Treasury Department announced new regulations that will inhibit the tax evading tricks of corporate organizations. The rules aim to deter tax inversion and if they work, we may not be seeing too many “Burger King and Tim Hortons” type mergers.

Professor Jack Barcal, who teaches taxation at the Leventhal School of Accounting, helps to demystify what tax inversion is and what the impact of these new regulations will be.