Contracting with Inverted Domestic Corporations: Answers to Frequently Asked Questions

Manuel, Kate M. ; Lunder, Erika K.

Library of Congress. Congressional Research Service.

关键词: Contractors;    Labor contracts;    Public contracts;   

RP-ID  :  R43780
RP-ID  :  R43780_2014Nov07

美国|英语

来源: UNT Digital Library

【 摘 要 】

Recent reports that certain entities continued to receive federal government contracts after reincorporating overseas have prompted questions about current and proposed restrictions on contracting with “inverted domestic corporations.” These questions are shaped, in part, by the broader debate over whether such corporations are to be seen as “deserters,” who change theircorporate citizenship to avoid paying U.S. taxes, or as evidencing systemic problems in the U.S.tax code. This report provides the answers to 14 frequently asked questions regarding the current restrictions on contracting with inverted domestic corporations, proposed amendments thereto, and the relationship between prohibitions upon contracting with inverted domestic corporations and other provisions of law that restrict dealings with “foreign” contractors.