Charlotte Observer: IRS Fights Ingersol-Rand over Offshore Money Routing
media mentionIngersoll-Rand’s move to Bermuda helped kick off the first major wave of inversions more than a decade ago, said Rebecca Wilkins, senior counsel with the Institute on Taxation and Economic Policy.
“It was one of the more publicized cases,” she said. “They didn’t make any bones about what they were doing. They were quite transparent about doing this to avoid taxes.”