noun
a corporate strategy where a company relocates its headquarters to a lower-tax country in order to reduce its tax liability
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Tax inversion is a strategy used by multinational corporations to reduce their tax burden by relocating their headquarters to a country with lower tax rates.
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Tax inversion is like when a company moves its headquarters to a different country to pay less taxes.
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Tax inversion is when big companies play the tax system to pay less money to the government.
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Tax inversion is like a game of musical chairs where companies try to find the best seat to avoid paying high taxes.