A wave of corporate inversions over the past several years has generated substantial debate in academic, business, and policy circles. The core of the debate hinges on a couple of key economic questions: Do US tax laws disadvantage US-domiciled companies relative to their foreign competitors? And, if so, does inversion reduce or eliminate that tax disadvantage, and increase the competitiveness of US multinational firms for making investments both abroad and at home? In a B-School for Public Policy seminar, Professor Michael Knoll addressed these questions and their implications for tax reform discussions, drawing insight from newly published research. He joined Lori McMillan, law professor at Washburn University in Kansas, and Daniel Hemel, assistant professor of law at the University of Chicago, in the Knowledge@Wharton Business Radio studio for an interview with host Dan Loney.
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