The Stop Corporate Inversions Act of 2014 would significantly reduce a tax loophole that allows U.S. companies  that merge with foreign companies to reincorporate offshore in lower-tax jurisdictions – known as an “inversion” – to avoid being subject to U.S. tax on their overseas earnings.   Under current U.S. tax law, the merged company is treated as a foreign company if more than 20 percent of the stock of the merged company is owned by stockholders who were not stockholders of the U.S. company or if the merged company has at least […]

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