In his first few days in office, President Trump issued several executive orders (“EOs”) and memoranda, many of which may have implications for federal contractors and grant recipients, including the following:Continue Reading President Trump Issues Numerous Executive Orders with Potential Impacts on Federal Contractors and Grant Recipients
Policy
Will the “Inversion” Backlash Flow-Down to Subcontractors?
By Jennifer Plitsch & Michael Wagner on
Washington policymakers are criticizing corporate “inversions”—i.e., U.S. companies that reincorporate abroad under lower corporate income tax rates—and contractors should take note. Currently, U.S. law bars an inverted domestic corporation (“IDC”) from receiving funds under a prime U.S. contract. See Consolidated Appropriations Act of 2014 (H.R. 3547); see also…
Continue Reading Will the “Inversion” Backlash Flow-Down to Subcontractors?