Top U.S. lawmaker wants corporate tax loophole 'plugged now'
July 22, 2014 at 11:41 AM EDT
WASHINGTON, July 22 (Reuters) - Immediate government action is needed to plug a loophole that allows U.S. corporations to avoid federal taxes by shifting their tax domiciles overseas through deals known as inversions, the head of the U.S. Senate Finance Committee said on Tuesday.