Chamber Of Commerce Sues To Block Inversion Regs For Violation Of APA's Notice And Comment Requirement

Reuters, Business Groups Sue Over New U.S. Limit on Tax-Driven Foreign Buyouts: Two business groups sued the Obama administration on Thursday over a crackdown on U.S. companies that try to reduce their U.S. taxes by rebasing abroad in a process known as inversion. The U.S. Chamber of Commerce and the…