Wyden Statement on Recent Corporate Inversions

The following press release was published by the United States Senate Committee on Finance Chairman's News on July 16, 2014. It is reproduced in full below.

WASHINGTON - Senate Finance Committee Chairman Ron Wyden, D-Ore., today issued the following statement regarding corporate inversions:

“This inversion loophole must be plugged. As the speed of inversions increases, this will only fuel bipartisan urgency to stop companies from deserting the US. I’m talking with my colleagues and exploring options for addressing this in the near and long term."

Source: US Senate Committee on Finance Chairman's News