Reverse Morris Trust gone?

[uscitizen]

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.

 

[Samson]

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.

And How will this effect the price of Tea in China?

 

[uscitizen]

It may slow mergers and aquisitions.

 

[Samson]

It may slow mergers and aquisitions.

It might.


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