Banks are among the winners in the final version of long-anticipated new rules announced by the Treasury Department Thursday meant to prevent businesses from shifting profits out of the U.S. and crack down on corporate inversions.
The administration finalized the rules, proposed in April, amid intense pushback from businesses and members of Congress, and just ahead of the timeline required to have them go into effect before President Obama leaves office.
Stay informed.Stay ahead.
Join Washington Examiner for unlimited access to the news, analysis, and commentary that matter most.
See Options
Already a member? Log in
Already a print subscriber? Click here to login/register your account
