RPT-U.S. tax cuts prompt rethink by some 'inverted' companies [Reuters]
Medtronic plc. Ordinary Shares (MDT)
Last medtronic plc. ordinary shares earnings: 2/18 06:45 am
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Source: Reuters
RPT-U.S. tax cuts prompt rethink by some 'inverted' companies | Reuters Reuters Staff 4 Min Read (Repeats Friday story with no change to text) By David Morgan WASHINGTON, Aug 3 (Reuters) - A few U.S. companies that moved offshore in a wave of inversion deals are considering returning to the United States now that domestic tax rates are lower and tax policing is tougher abroad, attorneys and consultants said. A handful of clients have asked about redomestication, which could involve buying a U.S.-headquartered company, the tax advisers said. No specific companies or deals were identified. Uncertainties about U.S. Republican President Donald Trump’s trade policies have also prompted the conversations, the advisers said. “Inverted companies have reason to look at whether or not it still makes sense for them to be offshore, particularly those that manufacture product outside the U.S. and sell it back into the U.S.,” said Pam Olson, a Washington-based tax expert at accounting and consultin
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MDT
Earnings
- 2/20/24 - Miss
MDT
Sec Filings
- 4/9/24 - Form 4
- 3/7/24 - Form 4
- 2/27/24 - Form 10-Q
- MDT's page on the SEC website