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" ... Wary of regulatory intervention, Amazon redomiciles its EU headquarters in Cyprus and helps the country rewrite its tax rules to benefit the tech giant. This provides a financial windfall to heavily indebted Cyprus, but pushes the EU to harmonize tax rules among its members. ... "
" ... When a bigger U.S. company acquires a smaller competitor and redomiciles to another foreign country, currently to be an inversion and miss out on a lot of the tax benefits of that, it's 80 percent or higher continued ownership threshold for the owners of the U.S. company. The green book proposed to lower that to 50 percent, so a substantial drop. That would be key because a lot of those inversions would have an ownership threshold of U.S. owners somewhere between the 50 percent and 80 percent threshold. ... "