In a move to lower corporate tax rates, some U.S. based companies are incorporating offshore by acquiring a foreign entity. These moves are called corporate tax inversions.
Where
Gleacher Center
604
450 N. Cityfront Plaza
Chicago, Illinois
Driving Directions:
Driving Directions: www.gleachercenter.com
NOTE ON PARKING
300 East Illinois Street (AMC Theater-River East Self Park Garage)
$8.00 after 3:00 pm on weekdays and all day Saturday and Sunday for a 12-hour period
Garage: Self Park Facility
Payment: Automated; at pay-stations by cash or credit card or upon exit pay by credit card only.
To receive discounted rate: There is a card validator at the first floor security desk of the Gleacher Center. You will only need to insert your parking card in the validator and the new price will be automatically applied. When you leave the lot you will be charged for the lower $8.00 fee.
Detailed Directions:
Garage is located next to PJ Clarks and below the AMC Theater.
a) When traveling east on Illinois cross over Columbus and enter the Garage on the left (north) side of the street
b) If driving west on Grand (north of Theater), you can enter the garage ½ block before Columbus on the left (south) side of the street.
Event Details
In a move to lower corporate tax rates, some U.S. based companies are incorporating offshore by acquiring a foreign entity. These moves, called corporate tax inversions, have been used particularly in the pharmaceutical industry. Despite a 2004 law aimed at discouraging companies from shifting their legal addresses overseas to lower corporate taxes, the pace of re-domiciles abroad has increased since 2012. Walgreens, the venerable U.S. drugstore chain with deep roots in Illinois, has signaled it is considering an inversion play after it acquires Europe's largest pharmacy, Alliance Boots. The company has received both praise and criticism as such a move would enhance shareholder value through a lower tax rate, while at the same time it would still benefit from US government health programs. Join our two equity analyst experts from Morningstar for a provocative discussion on how a company weighs the interests of its various stakeholders when considering a relocation of its official corporate headquarters.
Cost
No Charge
Registration
Register Online
NEW OFFERING: LITERATURE TABLE
Networking is a key benefit of attending. To that end, a table will be made available for literature and handouts. Bring your business cards, brochures, handbills, literature, resumes, and publicity for placement on the table.
CHICAGOLAND INTERNATIONAL BUSINESS EVENTS
The Illinois International Business Calendar is one of the comprehensive lists of events in the Chicago area. For a free PDF copy, send an inquiry to info@itagc.org. The calendar can also be viewed at www.itagc.org
Deadline: 8/21/2014
Program
6:00 PM-6:30 PM: networking
6:30 PM-8:00 PM: presentation
8:00 PM-9:00 PM: drinks at The Midway Club, Fifth Floor
Speaker Profiles
Vishnu Lekraj (Speaker)
Senior Equity Analyst, Morningstar, Inc.
www.global.morningstar.com
Vishnu Lekraj is a senior equity analyst for Morningstar, covering the healthcare services industry. In 2012, Lekraj ranked first in the "Professional Services" industry in the StarMine Analyst Awards, presented by the Financial Times. He joined Morningstar in 2008 after attending business school. Previously, Lekraj worked as a financial analyst at HSBC bank.
Lekraj holds a bachelor's degree in finance from the Warrington College of Business Administration at the University of Florida, where he graduated summa cum laude. He holds a master's degree in business administration from the University of Florida Hough Graduate School of Business. He is also a member of the Beta Gamma Sigma International Honor Society.
David Krempa (Speaker)
Equity Analyst, Morningstar, Inc.
www.global.morningstar.com
David Krempa, CFA, is an equity analyst for Morningstar, covering specialty pharmaceutical companies and contract research organizations. He joined Morningstar in 2008.
Krempa holds a bachelor's degree in finance from DePaul University. He also holds the Chartered Financial Analyst® designation.
Questions
Karl L. Buschmann, '85
Co-chair
Other Information
Questions/Concerns/Suggestions for Speakers? Contact the Leadership Team
Karl L. Buschmann
kbuschma@ChicagoBooth.edu
847 310 0412
Linda Chow
lchow@chicagobooth.edu
630 673 3256
Sophia Kholodenko
skholode@uchicago.edu
773 702 0783
Ernie Norrman
enorrman@chicagobooth.edu
847 322 7227
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Career Management:
In transition? Looking for a job? Come to the networking session for information exchange.
Upcoming Sessions
Mark your calendar for upcoming International Roundtable sessions on the third Thursday of the month in 2014.