SlideShare une entreprise Scribd logo
1  sur  1
Télécharger pour lire hors ligne
In last decade, 47 corporations have moved their address overseas to pay less U.S. taxes
A Spike in Corporate Inversions
*
*
*
*
*
*
*
AOE
Corporation
Alkermes
DutchCo
Stratasys
TE Connectivity
Mallinckrodt
Pharmaceuticals
TIMELINE
1983
•McDermott International
Source :
CongressionalResearchService
* Representscompaniesthatinvertedbetween2009and2014.
•Helen ofTroy
&
•SantaFeInt’l
1999
•White Mountain Ins.
•Transocean
•PXRE Group
•Trenwick
•Xoma
•Everest Reinsurance
•Applied Power
•R&BFalcon
2001
•Global Santa Fe Corp.
•Foster Wheeler,
•Accenture
•Global Marine
•Noble Corp.
•Cooper Industries
•Weatherford Int’l
•Ingersoll-Rand
•PWC Consulting Ltd.
2012
1994 1996 1997 1998 2000
2005
2009
2013
2010
2008
2002
2007
•Star Maritime Acquisition Group
•Fluid Media Network
•Western Goldfields
•Lincoln Gold
•Arcade Acquisition Grp
•Energy Infrastructure
•Ascend Acquisition
•Acquisition Grp.
•Foster Wheeler
•Patch Int’l Inc
•Tyco Electric
•Hungarian Telephone & Cable Corp.
•2020ChinaCapAcquisition
•InterAmericaAcquisition
•Ideation Acquisition Grp.
•VantageEnergyServices
• Alyst Acquisition Grp.
•Alpha Security
•ENSCO Int’l
•Plastinum Polymer Tech Corp.
•Valient/Biovail
2011
•Alkermes, Inc
•Pentair
•Rowan Companies
•AON
•Tronox Inc
•Argonaut
•Jazz Pharmaceuticals /
Azur Pharma
•D.E. Master Blenders
•Eaton/Cooper
•Cadence Pharmaceuticals
•Actavis / Warner •Chilcott
•Endo Health Solutions
•Liberty Global PLC
2014
2004
•GoldReserve
•Playstar
29
In the last
decade
Legislationtotightenrulesto
limitinversionswouldsave
taxpayersnearly$20billion
overtenyears.
47
In 20 years

Contenu connexe

Plus de Dr Dev Kambhampati

USA FAQs- Prescription Drug Pricing & Policy
USA FAQs- Prescription Drug Pricing & PolicyUSA FAQs- Prescription Drug Pricing & Policy
USA FAQs- Prescription Drug Pricing & PolicyDr Dev Kambhampati
 
USA Carbon Capture & Sequestration Efforts
USA Carbon Capture & Sequestration EffortsUSA Carbon Capture & Sequestration Efforts
USA Carbon Capture & Sequestration EffortsDr Dev Kambhampati
 
Arctic National Wildlife Refuge (ANWR)- Overview
Arctic National Wildlife Refuge (ANWR)- OverviewArctic National Wildlife Refuge (ANWR)- Overview
Arctic National Wildlife Refuge (ANWR)- OverviewDr Dev Kambhampati
 
NIST Guide- Situational Awareness for Electric Utilities
NIST Guide- Situational Awareness for Electric UtilitiesNIST Guide- Situational Awareness for Electric Utilities
NIST Guide- Situational Awareness for Electric UtilitiesDr Dev Kambhampati
 
Dr Dev Kambhampati | Cybersecurity Guide for Utilities
Dr Dev Kambhampati | Cybersecurity Guide for UtilitiesDr Dev Kambhampati | Cybersecurity Guide for Utilities
Dr Dev Kambhampati | Cybersecurity Guide for UtilitiesDr Dev Kambhampati
 
Dr Dev Kambhampati | USA Cybersecurity R&D Strategic Plan
Dr Dev Kambhampati | USA Cybersecurity R&D Strategic PlanDr Dev Kambhampati | USA Cybersecurity R&D Strategic Plan
Dr Dev Kambhampati | USA Cybersecurity R&D Strategic PlanDr Dev Kambhampati
 
Dr Dev Kambhampati | USA Artificial Intelligence (AI) R&D Strategic Plan
Dr Dev Kambhampati | USA Artificial Intelligence (AI) R&D Strategic PlanDr Dev Kambhampati | USA Artificial Intelligence (AI) R&D Strategic Plan
Dr Dev Kambhampati | USA Artificial Intelligence (AI) R&D Strategic PlanDr Dev Kambhampati
 
Dr Dev Kambhampati | USA Big Data R&D Strategic Plan
Dr Dev Kambhampati | USA Big Data R&D Strategic PlanDr Dev Kambhampati | USA Big Data R&D Strategic Plan
Dr Dev Kambhampati | USA Big Data R&D Strategic PlanDr Dev Kambhampati
 
DARPA -Transition of Technologies
DARPA -Transition of TechnologiesDARPA -Transition of Technologies
DARPA -Transition of TechnologiesDr Dev Kambhampati
 
NASA Technology Roadmaps- Materials, Structures & Manufacturing
NASA Technology Roadmaps- Materials, Structures & ManufacturingNASA Technology Roadmaps- Materials, Structures & Manufacturing
NASA Technology Roadmaps- Materials, Structures & ManufacturingDr Dev Kambhampati
 
Dr Dev Kambhampati | Tennessee Exports, Jobs & Foreign Investment
Dr Dev Kambhampati | Tennessee Exports, Jobs & Foreign InvestmentDr Dev Kambhampati | Tennessee Exports, Jobs & Foreign Investment
Dr Dev Kambhampati | Tennessee Exports, Jobs & Foreign InvestmentDr Dev Kambhampati
 
NAFTA impact on Chemical Industry
NAFTA impact on Chemical IndustryNAFTA impact on Chemical Industry
NAFTA impact on Chemical IndustryDr Dev Kambhampati
 
Chinese Investments in the USA: Impacts & Issues for Policymakers
Chinese Investments in the USA: Impacts & Issues for PolicymakersChinese Investments in the USA: Impacts & Issues for Policymakers
Chinese Investments in the USA: Impacts & Issues for PolicymakersDr Dev Kambhampati
 
China's Pursuit of Next Frontier Tech- Computing, Robotics & Biotechnology
China's Pursuit of Next Frontier Tech- Computing, Robotics & BiotechnologyChina's Pursuit of Next Frontier Tech- Computing, Robotics & Biotechnology
China's Pursuit of Next Frontier Tech- Computing, Robotics & BiotechnologyDr Dev Kambhampati
 
US Access to China's Consumer Markets- Ecommerce, Logistics & Financial Services
US Access to China's Consumer Markets- Ecommerce, Logistics & Financial ServicesUS Access to China's Consumer Markets- Ecommerce, Logistics & Financial Services
US Access to China's Consumer Markets- Ecommerce, Logistics & Financial ServicesDr Dev Kambhampati
 
US Access to China's Consumer Markets- Digital Finance
US Access to China's Consumer Markets- Digital FinanceUS Access to China's Consumer Markets- Digital Finance
US Access to China's Consumer Markets- Digital FinanceDr Dev Kambhampati
 
Access to China's Consumer Markets for Financial Services
Access to China's Consumer Markets for Financial ServicesAccess to China's Consumer Markets for Financial Services
Access to China's Consumer Markets for Financial ServicesDr Dev Kambhampati
 
US Access to China's Consumer Markets- Logistics & ECommerce Models
US Access to China's Consumer Markets- Logistics & ECommerce ModelsUS Access to China's Consumer Markets- Logistics & ECommerce Models
US Access to China's Consumer Markets- Logistics & ECommerce ModelsDr Dev Kambhampati
 

Plus de Dr Dev Kambhampati (20)

USA FAQs- Prescription Drug Pricing & Policy
USA FAQs- Prescription Drug Pricing & PolicyUSA FAQs- Prescription Drug Pricing & Policy
USA FAQs- Prescription Drug Pricing & Policy
 
USA Carbon Capture & Sequestration Efforts
USA Carbon Capture & Sequestration EffortsUSA Carbon Capture & Sequestration Efforts
USA Carbon Capture & Sequestration Efforts
 
Arctic National Wildlife Refuge (ANWR)- Overview
Arctic National Wildlife Refuge (ANWR)- OverviewArctic National Wildlife Refuge (ANWR)- Overview
Arctic National Wildlife Refuge (ANWR)- Overview
 
NIST Guide- Situational Awareness for Electric Utilities
NIST Guide- Situational Awareness for Electric UtilitiesNIST Guide- Situational Awareness for Electric Utilities
NIST Guide- Situational Awareness for Electric Utilities
 
Dr Dev Kambhampati | Cybersecurity Guide for Utilities
Dr Dev Kambhampati | Cybersecurity Guide for UtilitiesDr Dev Kambhampati | Cybersecurity Guide for Utilities
Dr Dev Kambhampati | Cybersecurity Guide for Utilities
 
Dr Dev Kambhampati | USA Cybersecurity R&D Strategic Plan
Dr Dev Kambhampati | USA Cybersecurity R&D Strategic PlanDr Dev Kambhampati | USA Cybersecurity R&D Strategic Plan
Dr Dev Kambhampati | USA Cybersecurity R&D Strategic Plan
 
Dr Dev Kambhampati | USA Artificial Intelligence (AI) R&D Strategic Plan
Dr Dev Kambhampati | USA Artificial Intelligence (AI) R&D Strategic PlanDr Dev Kambhampati | USA Artificial Intelligence (AI) R&D Strategic Plan
Dr Dev Kambhampati | USA Artificial Intelligence (AI) R&D Strategic Plan
 
Dr Dev Kambhampati | USA Big Data R&D Strategic Plan
Dr Dev Kambhampati | USA Big Data R&D Strategic PlanDr Dev Kambhampati | USA Big Data R&D Strategic Plan
Dr Dev Kambhampati | USA Big Data R&D Strategic Plan
 
DARPA -Transition of Technologies
DARPA -Transition of TechnologiesDARPA -Transition of Technologies
DARPA -Transition of Technologies
 
NASA Technology Roadmaps- Materials, Structures & Manufacturing
NASA Technology Roadmaps- Materials, Structures & ManufacturingNASA Technology Roadmaps- Materials, Structures & Manufacturing
NASA Technology Roadmaps- Materials, Structures & Manufacturing
 
Dr Dev Kambhampati | Tennessee Exports, Jobs & Foreign Investment
Dr Dev Kambhampati | Tennessee Exports, Jobs & Foreign InvestmentDr Dev Kambhampati | Tennessee Exports, Jobs & Foreign Investment
Dr Dev Kambhampati | Tennessee Exports, Jobs & Foreign Investment
 
NAFTA exports by US States
NAFTA exports by US StatesNAFTA exports by US States
NAFTA exports by US States
 
NAFTA impact on Chemical Industry
NAFTA impact on Chemical IndustryNAFTA impact on Chemical Industry
NAFTA impact on Chemical Industry
 
China's 13th Five Year Plan
China's 13th Five Year PlanChina's 13th Five Year Plan
China's 13th Five Year Plan
 
Chinese Investments in the USA: Impacts & Issues for Policymakers
Chinese Investments in the USA: Impacts & Issues for PolicymakersChinese Investments in the USA: Impacts & Issues for Policymakers
Chinese Investments in the USA: Impacts & Issues for Policymakers
 
China's Pursuit of Next Frontier Tech- Computing, Robotics & Biotechnology
China's Pursuit of Next Frontier Tech- Computing, Robotics & BiotechnologyChina's Pursuit of Next Frontier Tech- Computing, Robotics & Biotechnology
China's Pursuit of Next Frontier Tech- Computing, Robotics & Biotechnology
 
US Access to China's Consumer Markets- Ecommerce, Logistics & Financial Services
US Access to China's Consumer Markets- Ecommerce, Logistics & Financial ServicesUS Access to China's Consumer Markets- Ecommerce, Logistics & Financial Services
US Access to China's Consumer Markets- Ecommerce, Logistics & Financial Services
 
US Access to China's Consumer Markets- Digital Finance
US Access to China's Consumer Markets- Digital FinanceUS Access to China's Consumer Markets- Digital Finance
US Access to China's Consumer Markets- Digital Finance
 
Access to China's Consumer Markets for Financial Services
Access to China's Consumer Markets for Financial ServicesAccess to China's Consumer Markets for Financial Services
Access to China's Consumer Markets for Financial Services
 
US Access to China's Consumer Markets- Logistics & ECommerce Models
US Access to China's Consumer Markets- Logistics & ECommerce ModelsUS Access to China's Consumer Markets- Logistics & ECommerce Models
US Access to China's Consumer Markets- Logistics & ECommerce Models
 

Dernier

Introduction to Health Economics Dr. R. Kurinji Malar.pptx
Introduction to Health Economics Dr. R. Kurinji Malar.pptxIntroduction to Health Economics Dr. R. Kurinji Malar.pptx
Introduction to Health Economics Dr. R. Kurinji Malar.pptxDrRkurinjiMalarkurin
 
Economic Risk Factor Update: April 2024 [SlideShare]
Economic Risk Factor Update: April 2024 [SlideShare]Economic Risk Factor Update: April 2024 [SlideShare]
Economic Risk Factor Update: April 2024 [SlideShare]Commonwealth
 
Unveiling Poonawalla Fincorp’s Phenomenal Performance Under Abhay Bhutada’s L...
Unveiling Poonawalla Fincorp’s Phenomenal Performance Under Abhay Bhutada’s L...Unveiling Poonawalla Fincorp’s Phenomenal Performance Under Abhay Bhutada’s L...
Unveiling Poonawalla Fincorp’s Phenomenal Performance Under Abhay Bhutada’s L...beulahfernandes8
 
INTERNATIONAL TRADE INSTITUTIONS[6].pptx
INTERNATIONAL TRADE INSTITUTIONS[6].pptxINTERNATIONAL TRADE INSTITUTIONS[6].pptx
INTERNATIONAL TRADE INSTITUTIONS[6].pptxaymenkhalfallah23
 
AnyConv.com__FSS Advance Retail & Distribution - 15.06.17.ppt
AnyConv.com__FSS Advance Retail & Distribution - 15.06.17.pptAnyConv.com__FSS Advance Retail & Distribution - 15.06.17.ppt
AnyConv.com__FSS Advance Retail & Distribution - 15.06.17.pptPriyankaSharma89719
 
Gender and caste discrimination in india
Gender and caste discrimination in indiaGender and caste discrimination in india
Gender and caste discrimination in indiavandanasingh01072003
 
The Inspirational Story of Julio Herrera Velutini - Global Finance Leader
The Inspirational Story of Julio Herrera Velutini - Global Finance LeaderThe Inspirational Story of Julio Herrera Velutini - Global Finance Leader
The Inspirational Story of Julio Herrera Velutini - Global Finance LeaderArianna Varetto
 
Money Forward Integrated Report “Forward Map” 2024
Money Forward Integrated Report “Forward Map” 2024Money Forward Integrated Report “Forward Map” 2024
Money Forward Integrated Report “Forward Map” 2024Money Forward
 
Global Economic Outlook, 2024 - Scholaride Consulting
Global Economic Outlook, 2024 - Scholaride ConsultingGlobal Economic Outlook, 2024 - Scholaride Consulting
Global Economic Outlook, 2024 - Scholaride Consultingswastiknandyofficial
 
Unit 4.1 financial markets operations .pdf
Unit 4.1 financial markets operations .pdfUnit 4.1 financial markets operations .pdf
Unit 4.1 financial markets operations .pdfSatyamSinghParihar2
 
Kempen ' UK DB Endgame Paper Apr 24 final3.pdf
Kempen ' UK DB Endgame Paper Apr 24 final3.pdfKempen ' UK DB Endgame Paper Apr 24 final3.pdf
Kempen ' UK DB Endgame Paper Apr 24 final3.pdfHenry Tapper
 
PMFBY , Pradhan Mantri Fasal bima yojna
PMFBY , Pradhan Mantri  Fasal bima yojnaPMFBY , Pradhan Mantri  Fasal bima yojna
PMFBY , Pradhan Mantri Fasal bima yojnaDharmendra Kumar
 
Guard Your Investments- Corporate Defaults Alarm.pdf
Guard Your Investments- Corporate Defaults Alarm.pdfGuard Your Investments- Corporate Defaults Alarm.pdf
Guard Your Investments- Corporate Defaults Alarm.pdfJasper Colin
 
NO1 Certified kala jadu karne wale ka contact number kala jadu karne wale bab...
NO1 Certified kala jadu karne wale ka contact number kala jadu karne wale bab...NO1 Certified kala jadu karne wale ka contact number kala jadu karne wale bab...
NO1 Certified kala jadu karne wale ka contact number kala jadu karne wale bab...Amil baba
 
cost of capital questions financial management
cost of capital questions financial managementcost of capital questions financial management
cost of capital questions financial managementtanmayarora23
 
Amil Baba In Pakistan amil baba in Lahore amil baba in Islamabad amil baba in...
Amil Baba In Pakistan amil baba in Lahore amil baba in Islamabad amil baba in...Amil Baba In Pakistan amil baba in Lahore amil baba in Islamabad amil baba in...
Amil Baba In Pakistan amil baba in Lahore amil baba in Islamabad amil baba in...amilabibi1
 
Uae-NO1 Pakistani Amil Baba Real Amil baba In Pakistan Najoomi Baba in Pakist...
Uae-NO1 Pakistani Amil Baba Real Amil baba In Pakistan Najoomi Baba in Pakist...Uae-NO1 Pakistani Amil Baba Real Amil baba In Pakistan Najoomi Baba in Pakist...
Uae-NO1 Pakistani Amil Baba Real Amil baba In Pakistan Najoomi Baba in Pakist...Amil baba
 
2024 Q1 Crypto Industry Report | CoinGecko
2024 Q1 Crypto Industry Report | CoinGecko2024 Q1 Crypto Industry Report | CoinGecko
2024 Q1 Crypto Industry Report | CoinGeckoCoinGecko
 
《加拿大本地办假证-寻找办理Dalhousie毕业证和达尔豪斯大学毕业证书的中介代理》
《加拿大本地办假证-寻找办理Dalhousie毕业证和达尔豪斯大学毕业证书的中介代理》《加拿大本地办假证-寻找办理Dalhousie毕业证和达尔豪斯大学毕业证书的中介代理》
《加拿大本地办假证-寻找办理Dalhousie毕业证和达尔豪斯大学毕业证书的中介代理》rnrncn29
 
10 QuickBooks Tips 2024 - Globus Finanza.pdf
10 QuickBooks Tips 2024 - Globus Finanza.pdf10 QuickBooks Tips 2024 - Globus Finanza.pdf
10 QuickBooks Tips 2024 - Globus Finanza.pdfglobusfinanza
 

Dernier (20)

Introduction to Health Economics Dr. R. Kurinji Malar.pptx
Introduction to Health Economics Dr. R. Kurinji Malar.pptxIntroduction to Health Economics Dr. R. Kurinji Malar.pptx
Introduction to Health Economics Dr. R. Kurinji Malar.pptx
 
Economic Risk Factor Update: April 2024 [SlideShare]
Economic Risk Factor Update: April 2024 [SlideShare]Economic Risk Factor Update: April 2024 [SlideShare]
Economic Risk Factor Update: April 2024 [SlideShare]
 
Unveiling Poonawalla Fincorp’s Phenomenal Performance Under Abhay Bhutada’s L...
Unveiling Poonawalla Fincorp’s Phenomenal Performance Under Abhay Bhutada’s L...Unveiling Poonawalla Fincorp’s Phenomenal Performance Under Abhay Bhutada’s L...
Unveiling Poonawalla Fincorp’s Phenomenal Performance Under Abhay Bhutada’s L...
 
INTERNATIONAL TRADE INSTITUTIONS[6].pptx
INTERNATIONAL TRADE INSTITUTIONS[6].pptxINTERNATIONAL TRADE INSTITUTIONS[6].pptx
INTERNATIONAL TRADE INSTITUTIONS[6].pptx
 
AnyConv.com__FSS Advance Retail & Distribution - 15.06.17.ppt
AnyConv.com__FSS Advance Retail & Distribution - 15.06.17.pptAnyConv.com__FSS Advance Retail & Distribution - 15.06.17.ppt
AnyConv.com__FSS Advance Retail & Distribution - 15.06.17.ppt
 
Gender and caste discrimination in india
Gender and caste discrimination in indiaGender and caste discrimination in india
Gender and caste discrimination in india
 
The Inspirational Story of Julio Herrera Velutini - Global Finance Leader
The Inspirational Story of Julio Herrera Velutini - Global Finance LeaderThe Inspirational Story of Julio Herrera Velutini - Global Finance Leader
The Inspirational Story of Julio Herrera Velutini - Global Finance Leader
 
Money Forward Integrated Report “Forward Map” 2024
Money Forward Integrated Report “Forward Map” 2024Money Forward Integrated Report “Forward Map” 2024
Money Forward Integrated Report “Forward Map” 2024
 
Global Economic Outlook, 2024 - Scholaride Consulting
Global Economic Outlook, 2024 - Scholaride ConsultingGlobal Economic Outlook, 2024 - Scholaride Consulting
Global Economic Outlook, 2024 - Scholaride Consulting
 
Unit 4.1 financial markets operations .pdf
Unit 4.1 financial markets operations .pdfUnit 4.1 financial markets operations .pdf
Unit 4.1 financial markets operations .pdf
 
Kempen ' UK DB Endgame Paper Apr 24 final3.pdf
Kempen ' UK DB Endgame Paper Apr 24 final3.pdfKempen ' UK DB Endgame Paper Apr 24 final3.pdf
Kempen ' UK DB Endgame Paper Apr 24 final3.pdf
 
PMFBY , Pradhan Mantri Fasal bima yojna
PMFBY , Pradhan Mantri  Fasal bima yojnaPMFBY , Pradhan Mantri  Fasal bima yojna
PMFBY , Pradhan Mantri Fasal bima yojna
 
Guard Your Investments- Corporate Defaults Alarm.pdf
Guard Your Investments- Corporate Defaults Alarm.pdfGuard Your Investments- Corporate Defaults Alarm.pdf
Guard Your Investments- Corporate Defaults Alarm.pdf
 
NO1 Certified kala jadu karne wale ka contact number kala jadu karne wale bab...
NO1 Certified kala jadu karne wale ka contact number kala jadu karne wale bab...NO1 Certified kala jadu karne wale ka contact number kala jadu karne wale bab...
NO1 Certified kala jadu karne wale ka contact number kala jadu karne wale bab...
 
cost of capital questions financial management
cost of capital questions financial managementcost of capital questions financial management
cost of capital questions financial management
 
Amil Baba In Pakistan amil baba in Lahore amil baba in Islamabad amil baba in...
Amil Baba In Pakistan amil baba in Lahore amil baba in Islamabad amil baba in...Amil Baba In Pakistan amil baba in Lahore amil baba in Islamabad amil baba in...
Amil Baba In Pakistan amil baba in Lahore amil baba in Islamabad amil baba in...
 
Uae-NO1 Pakistani Amil Baba Real Amil baba In Pakistan Najoomi Baba in Pakist...
Uae-NO1 Pakistani Amil Baba Real Amil baba In Pakistan Najoomi Baba in Pakist...Uae-NO1 Pakistani Amil Baba Real Amil baba In Pakistan Najoomi Baba in Pakist...
Uae-NO1 Pakistani Amil Baba Real Amil baba In Pakistan Najoomi Baba in Pakist...
 
2024 Q1 Crypto Industry Report | CoinGecko
2024 Q1 Crypto Industry Report | CoinGecko2024 Q1 Crypto Industry Report | CoinGecko
2024 Q1 Crypto Industry Report | CoinGecko
 
《加拿大本地办假证-寻找办理Dalhousie毕业证和达尔豪斯大学毕业证书的中介代理》
《加拿大本地办假证-寻找办理Dalhousie毕业证和达尔豪斯大学毕业证书的中介代理》《加拿大本地办假证-寻找办理Dalhousie毕业证和达尔豪斯大学毕业证书的中介代理》
《加拿大本地办假证-寻找办理Dalhousie毕业证和达尔豪斯大学毕业证书的中介代理》
 
10 QuickBooks Tips 2024 - Globus Finanza.pdf
10 QuickBooks Tips 2024 - Globus Finanza.pdf10 QuickBooks Tips 2024 - Globus Finanza.pdf
10 QuickBooks Tips 2024 - Globus Finanza.pdf
 

Spike in Corporate Inversions

  • 1. In last decade, 47 corporations have moved their address overseas to pay less U.S. taxes A Spike in Corporate Inversions * * * * * * * AOE Corporation Alkermes DutchCo Stratasys TE Connectivity Mallinckrodt Pharmaceuticals TIMELINE 1983 •McDermott International Source : CongressionalResearchService * Representscompaniesthatinvertedbetween2009and2014. •Helen ofTroy & •SantaFeInt’l 1999 •White Mountain Ins. •Transocean •PXRE Group •Trenwick •Xoma •Everest Reinsurance •Applied Power •R&BFalcon 2001 •Global Santa Fe Corp. •Foster Wheeler, •Accenture •Global Marine •Noble Corp. •Cooper Industries •Weatherford Int’l •Ingersoll-Rand •PWC Consulting Ltd. 2012 1994 1996 1997 1998 2000 2005 2009 2013 2010 2008 2002 2007 •Star Maritime Acquisition Group •Fluid Media Network •Western Goldfields •Lincoln Gold •Arcade Acquisition Grp •Energy Infrastructure •Ascend Acquisition •Acquisition Grp. •Foster Wheeler •Patch Int’l Inc •Tyco Electric •Hungarian Telephone & Cable Corp. •2020ChinaCapAcquisition •InterAmericaAcquisition •Ideation Acquisition Grp. •VantageEnergyServices • Alyst Acquisition Grp. •Alpha Security •ENSCO Int’l •Plastinum Polymer Tech Corp. •Valient/Biovail 2011 •Alkermes, Inc •Pentair •Rowan Companies •AON •Tronox Inc •Argonaut •Jazz Pharmaceuticals / Azur Pharma •D.E. Master Blenders •Eaton/Cooper •Cadence Pharmaceuticals •Actavis / Warner •Chilcott •Endo Health Solutions •Liberty Global PLC 2014 2004 •GoldReserve •Playstar 29 In the last decade Legislationtotightenrulesto limitinversionswouldsave taxpayersnearly$20billion overtenyears. 47 In 20 years