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Excerpt
The Conversation We Should Be Having About Corporate Taxes. Mihir Desai, August 22, 2014, Opinion. "The corporate inversion — when a U.S. company takes on the legal identity of foreign subsidiary, usually in order to reduce its taxes — has become about as controversial as corporate finance topics get. President Obama has called such transactions “unpatriotic.” Others have defended them as a way for American companies to stay competitive in the face of a uniquely intrusive tax code. Harvard Business School’s Mihir Desai and Bill George both fall mostly in the second camp, but with some surprising twists..." May require purchase or user account.