The administration can unilaterally limit inverted companies from taking interest deductions in the U.S. or from accessing their foreign cash without paying U.S. taxes, Stephen Shay said in an interview and in an article published today in Tax Notes.
Record cold and record demand are playing havoc in certain spot markets, driving markets crazy. Natural gas prices are rising and big swings in heating oil futures as the market tries to balance strong demand with supply.
For those that have doubted the impact that the Federal Reserve has over commodity prices, last week's action should put those arguments to rest. The funds went flying out of oil as the Fed started to be more specific on tapering.