Reverse Morris Trust gone?

Discussion in 'General Discussion' started by uscitizen, Mar 25, 2010.

  1. uscitizen
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    uscitizen Senior Member

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    On Wednesday the US house passed leglislation that includes a ban on a tax shelter -- Known as a Reverse Morris trust -- That Companies have used extensively to spin off operations tax free.
    The Reverse Morris Trust has been used since 1997.
     
  2. Samson
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    Samson Póg Mo Thóin Supporting Member

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    :eek:

    And How will this effect the price of Tea in China?
     
  3. uscitizen
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    uscitizen Senior Member

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    It may slow mergers and aquisitions.
     
  4. Samson
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    Samson Póg Mo Thóin Supporting Member

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    It might.


    In other news:

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