Corporate tax inversions once dominated international tax planning, prompting decades of congressional action and Treasury regulations with the result that we still had some of the largest cross-border mergers in history. Yet, despite the rollback of the last round of anti-inversion regulations in 2017, large US companies have largely stopped leaving the country. In this episode of Votes and Verdicts, Bloomberg Intelligence Senior Government Analyst Andrew Silverman and PKF O’Connor Davies Tax Partner Chris Migliaccio discuss why inversions have faded, whether the Tax Cuts and Jobs Act fundamentally changed corporate tax incentives and what Bloomberg Intelligence’s latest research says about how multinational tax planning has evolved over the past decade. They also examine whether future tax increases or global tax reforms could ever make inversions attractive again.