Overview
Bloomberg BNA cited Steptoe Chair Phil West and partner Amanda Varma in an article titled “Inversions Face Tricky Road in 2016, but Unlikely to End.” The article, published January 13, discusses the likelihood of corporate inversions continuing in 2016 and the government’s continued efforts to combat transactions they see as abusive.
Mr. West and Ms. Varma say some types of inversions may no longer be feasible after the two notices, although viable transactions and structures remain. They also explain that companies still need to take into account the forthcoming regulations, as well as possible anti-earnings stripping rules.
The full article can be read at Bloomberg BNA (subscription required).