Prohibition on Contracting with Inverted Domestic Corporations Clause Samples

The Prohibition on Contracting with Inverted Domestic Corporations clause prevents government agencies or other contracting parties from entering into agreements with companies that have restructured their corporate headquarters overseas primarily to reduce U.S. tax obligations, a practice known as corporate inversion. This clause typically requires contractors to certify that they are not, and do not intend to become, an inverted domestic corporation as defined by relevant laws or regulations. Its core function is to discourage tax avoidance strategies and ensure that government contracts are awarded only to companies maintaining a legitimate domestic presence, thereby supporting tax compliance and fair competition.
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Prohibition on Contracting with Inverted Domestic Corporations. No funds made available under this Agreement may be used for any contract with any foreign incorporated entity which is treated as an inverted domestic corporation under section 535(b) of the Homeland Security Act of 2002( 6 U.S.C. 395(b)) or any subsidiary of such an entity.
Prohibition on Contracting with Inverted Domestic Corporations. (1) Government agencies are not permitted to use appropriated (or otherwise made available) funds for contracts with either an inverted domestic corporation, or a subsidiary of an inverted domestic corporation, unless the exception at 9.108-2(b) applies or the requirement is waived in accordance with the procedures at 9.108-4.
Prohibition on Contracting with Inverted Domestic Corporations. (NOV 2014)
Prohibition on Contracting with Inverted Domestic Corporations. No funds made available under a federal act may be used for any subcontract with any foreign incorporated entity which is treated as an inverted domestic corporation under section 835(b) of the Homeland Security Act of2002 (6 U.S.C. 395(b)) or any subsidiary of such an entity. Waivers to this regulation may only be granted by the Secretary of Labor if the Secretary determines that the waiver is required in the interest of national security.

Related to Prohibition on Contracting with Inverted Domestic Corporations

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