“The U.S. Treasury Department identified eight tax regulations that it plans to change, including part of the Obama administration’s high-profile attempt to stem corporate tax avoidance,” the Wall Street Journal reports.
“The debt regulations were part of the Obama administration’s attempt to address inversions, the corporate technique of putting a headquarters address outside a country. The rules made it harder for companies to engage in the practice known as earnings stripping, in which they load up the U.S. operations with debt and reduce U.S. taxes.”

