Jones & Knight is a law firm that represents a number of companies that have international operations.Jones & Knight has advised its clients to move their headquarters to Ireland because the corporate tax rate is much lower there than in the United States.What Jones & Knight is advising its clients to do is:

Question

Jones & Knight is a law firm that represents a number of companies that have international operations.Jones & Knight has advised its clients to move their headquarters to Ireland because the corporate tax rate is much lower there than in the United States.What Jones & Knight is advising its clients to do is: ​

Quizplus · Accepted Answer

Jones & Knight is advising its clients to engage in an inversion, which involves a company relocating its headquarters to a country with a lower corporate tax rate in order to reduce its tax burden. Inversions have been controversial, with some arguing that they are a form of tax avoidance that unfairly shifts the tax burden onto ordinary taxpayers.

Jones & Knight Is a Law Firm That Represents a Number