The Traderszone Network

Published in TZ Latest News 11 July, 2014 by The TZ Newswire Staff

Spinversions: How a Mega Co. Can Join In on Tax-Cutting Deals

Shareholders get the benefits of lower tax bills for that separated unit, and corporate giants such as Johnson & Johnson and Danaher Corp. (DHR) wouldn’t have to undertake a massive acquisition or face the political fallout that can come from completely skirting U.S. taxes, Albert Fried & Co. said. “This would be a way for the real behemoths to get in on the inversion craze,” Robert Willens, New York-based founder of tax and accounting firm Robert Willens LLC, said in a phone interview. AbbVie Inc. and Medtronic Inc.

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