Kelly Evans — 'Outversions': They're the new corporate tax trick

Shares of Windstream Holdings surged more than 12 percent Tuesday when the Little Rock, Arkansas-based telecom company said it was going to spin out some of its fiber and copper cable and other real-estate assets into a real-estate investment trust, or REIT. The move will allow Windstream to cut down its debt load and save millions every year in taxes—and the company said it has the blessing in the form of a 'favorable private letter ruling' from the Internal Revenue Service.

You can see where this is going.

CNBC NetNet
'Outversions': They're the new corporate tax trick
Kelly Evans

Mark Gongloff — 'Patriotic' Big Banks Profit Helping U.S. Companies Dodge Taxes

Goldman in the lead doing more of God's work.

The Huffington Post
'Patriotic' Big Banks Profit Helping U.S. Companies Dodge Taxes
Mark Gongloff

Bill Mitchell — Ireland national accounts and [tax] inversion

Last week (July 3, 2014), the Irish Central Statistics Office (CSO) released the – Quarterly National Accounts, Quarter 1 2014 -which showed that real GDP grew by 2.7 per cent (Q4 2013 to Q1 2014), while Gross National Product (GNP) grew by 0.5 per cent.

That result tells us two things:
1. There was solid real GDP growth in the first-quarter 2014.
2. Most of the benefits did not flow to the Irish, given that GNP growth was very modest (see below for more explanation).

"Tax inversion" = tax avoidance.

Bill Mitchell – billy blog
Ireland national accounts and inversion
Bill Mitchell | Professor in Economics and Director of the Centre of Full Employment and Equity (CofFEE), at the Charles Darwin University, Northern Territory, Australia