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Senate Appropriations Bill Addresses Corporate Inversion, Incentive Fees, Competition

Senate Appropriations Bill Addresses Corporate Inversion, Incentive Fees, Competition
Sen. Dick Durbin (D-Ill.), chairman of the Senate Appropriations defense subcommittee

The Senate Appropriations Committee’s defense spending bill addresses several aspects of how and with whom the Defense Department conducts business, including a measure addressing the topic of corporate inversion that several congressmen and senators have looked at recently. Defense subcommittee chairman Dick Durbin (D-Ill.) said during the July 17 committee markup of the spending bill that “more and more corporations are using a strategy called inversion to move their headquarters overseas only on paper to ease their tax burden in…

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