inversion
- A business overhaul where a United States corporation purchases or combines with an overseas corporation, then becomes a subsidiary of the formed multinational corporation. This is typically done to set up a home base in a country that has lower business taxes
- The U.S. retail giant proceeded with an inversion to merge with a British firm, aiming to reduce the tax burden.
- Through an inversion, the tech company was reorganized and established domicile in a country with lower corporate taxes, drawing controversy for its actions.
- Experts are debating the financial and ethical implications of the inversion carried out by the pharmaceutical company.
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