Deals
Tax Dodge Used by Bain Escapes Scrutiny on Inversions
A building is reflected in the John Hancock Tower, Bain Capital LLC's headquarters in Boston, Massachusetts.
Photographer: Brent Lewin/BloombergThis article is for subscribers only.
There’s more than one way for a U.S. company to avoid taxes by claiming a foreign address.
Consider the business founded in 1916 as General Plate Co., a maker of sensors and controls for everything from Fords and Frigidaires to the spaceship that first carried Americans to the moon. While its top executives are still based in Attleboro, Massachusetts, it’s now known as Sensata Technologies Holding NV of the Netherlands.