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Anti-Inversion Amendment Passed by U.S. House of Representatives

|Proposed Changes|United States
United States

On 10 July 2014, the U.S. House of Representatives passed the Energy and Water Development and Related Agencies Appropriations Bill, which included and anti-inversion amendment. The amendment prohibits the Department of Energy or Army Corps of Engineers from entering into contracts with companies that have reincorporated from the U.S. to Bermuda or the Cayman Islands. Similar amendments have be…

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