Compliance In Focus

The recent acquisition of Covidien by Medtronic has brought what may be some unwanted attention to companies attempting to move operations overseas for tax-inversion purposes.  The Obama administration is trying to crack down on these strategies, and Treasury Secretary Jack Lew has now issued a letter to congressional tax-writing committees urging lawmakers to limit inversions through a legislative overhaul.  Lew would like immediate governmental action   that is simultaneously retroactive to May 2014, a decision which could have an impact on similar deals that have already taken place.

According to the CDC- 31.9% of adults over 20 years old are hypertensive. The American Heart Association equates that to 77.9 million, or 1 out of 3 adults. High blood pressure is known as the “silent killer” often has no warning signs or symptoms. The CDC also links high blood pressure to $131 billion annually in costs to direct medical expenses a year.