Companies use an arcane strategy known as a "Reverse Morris Trust" to avoid the big tax bite that can come with selling off assets like business lines.
Companies use an arcane strategy known as a "Reverse Morris Trust" to avoid the big tax bite that can come with selling off assets like business lines. NELL REDMOND
Companies use an arcane strategy known as a "Reverse Morris Trust" to avoid the big tax bite that can come with selling off assets like business lines. NELL REDMOND
Bank Watch

Bank Watch

News and notes on Charlotte's banks and the financial industry

WSJ: More firms using tax-avoidance trick with Charlotte banking roots

March 30, 2015 07:59 AM

UPDATED March 30, 2015 09:59 AM

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