WASHINGTON – Senate Finance Committee Ranking Member Ron Wyden, D-Ore., today issued the following statement regarding the Treasury Department’s new guidance on tax inversions:
“Tax games continue to plague our economy,” said Wyden. “Treasury’s actions today to address the inversion virus are another step in the right direction, but only Congress can cure the disease. I’m working on a proposal that cracks down on inversions and tax games as we work towards a broader cure.”