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Inversions merely crystalise America's critical dilemmas

There is an inherent contradiction, for example, in a world with separate country-by-country taxation while multinationals treat the world as one economic space.

Pfizer's attempt to "invert" by merging with Allergan in Ireland, was killed by the US Treasury's April announcement.

New Brunswick

THE US presidential election campaign triggers debate every four years over offshoring, outsourcing and tax-avoidance schemes by corporations. This year is no exception, and the issue of "inversions" - companies moving their headquarters abroad to reduce taxes - has...

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