In a letter dated 18 November 2015 from U.S. Secretary of the Treasury Jack Lew to Senator Ron Wyden D-OR, Senator Orrin Hatch R-UT, Representative Kevin Brady R-TX and Representative Sander M. Levin D-MI, Secretary Lew announced Treasury's intent to issue additional targeted guidance to deter and reduce further the economic benefits of corporate inversions. The planned guidance follows significant guidance issued in September 2014 ({News-2014-09-23/A/4- previous coverage}).
In addition to t…