Article: Tax inversion or not, Stryker ponders U.K. acquisition

Discussion in 'Stryker' started by Anonymous, Dec 4, 2014 at 6:52 PM.

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  1. Anonymous

    Anonymous Guest

    http://www.crainsdetroit.com/article/20141130/NEWS/311309975/tax-inversion-or-not-stryker-ponders-u-k-acquisition

    "Stryker is considering structuring the transaction as a so-called tax inversion"

    http://www.crainsdetroit.com/article/20141130/NEWS/311309983

    "On Sept. 22, Treasury and the IRS issued a notice to take targeted action against corporations reducing their U.S. tax burden abroad."

    "Kalamazoo-based Stryker Corp. is still considering moving its legal base to the UK as part of a $16 billion inversion bid to acquire London-based Smith & Nephew plc, Bloomberg reported last week."