Banks Are Reaping the Benefits From Inversions

Banks Are Reaping the Benefits From Inversions

Banks Are Reaping the Benefits From Inversions

Up until now, most of the attention regarding tax inversions has been put on the companies that have been choosing to make these deals. After all, it’s the companies that are saving a bunch of money on their taxes and supposedly cheating the U.S. Treasury out of more money. However, it’s not just the companies themselves that are benefitting from these deals. The banks that broker them are reaping the benefits as well.

Banks Are Wheeling and Dealing

Despite claims by many politicians in the nation’s capitol that tax inversions are un-American and that they are robbing the country of important tax dollars, there are many banks that are willing to step up and help make these deals happen. Why, you ask, because the banks can make a lot of money doing these deals. Plus, if one bank says no, it’s well aware that another bank will say yes and therefore reap the benefits.

Good Business Sense

Even though many lawmakers would have you believe that inversions are wrong, the fact is they are not illegal and they are not immoral or un-American. They are however, in many cases, just simply good business. So which banks are doing these deals and which banks are making the most money from them?

Lots to Be Made

There have been more than 30 of these deals since 2011. Leading the way is Goldman Sachs, which has reportedly completed 10 tax inversions for total revenue of just over $202 million. Coming in a close second on the list is JP Morgan Chase, which has done seven of such deals and earned revenue of nearly $185 million. Morgan Stanley, Citigroup and Greenhill & Company have also assisted with tax inversions making between roughly $97 million and $55 million respectively.

The Debate Rages on

The debate over tax inversions will no doubt continue as long as lawmakers are unable to make significant changes to the country’s corporate tax code. That’s because without meaningful changes companies will continue to consider these deals and it appears that they will continue to make them. Although lawmakers want to put a stop to inversions, it seems that the real solution might lay in tax reform. The bottom line, unless Congress is willing to make things easier for companies to do business and help them keep more of their hard-earned money, tax inversions are likely to continue.

Time Will Tell

Only time will tell the true affect of these kinds of deals on the country and its overall financial well-being. However, one thing is for certain, the financial institutes that help companies do these deals will continue to reap the rewards.

GROCO Believes in Sound Tax Planning

At GROCO, we believe that saving as much money on your taxes as legally possible is both fair and smart. We have a wealth of knowledge and experience in helping our clients plan for and save on their taxes. If you would like to learn more about what we do and how we can help you, then contact us online or call us at 1-877-CPA-2006.


We hope you found this article about “Banks Are Reaping the Benefits From Inversions” helpful.  If you have questions or need expert tax or family office advice that’s refreshingly objective (we never sell investments), please contact us or visit our Family office page  or our website at  Unfortunately, we no longer give advice to other tax professionals gratis.

To receive our free newsletter, contact us here.

Subscribe our YouTube Channel for more updates.

Alan Olsen, CPA

Alan Olsen, is the Host of the American Dreams Show and the Managing Partner of  GROCO is a premier family office and tax advisory firm located in the San Francisco Bay area serving clients all over the world.


Alan L. Olsen, CPA, Wikipedia Bio is a proud sponsor of The American Dreams Show.



The American Dreams show was the brainchild of Alan Olsen, CPA, MBA. It was originally created to fill a specific need; often inexperienced entrepreneurs lacked basic information about raising capital and how to successfully start a business.

Alan sincerely wanted to respond to the many requests from aspiring entrepreneurs asking for the information and introductions they needed. But he had to find a way to help in which his venture capital clients and friends would not mind.

The American Dreams show became the solution, first as a radio show and now with YouTube videos as well. Always respectful of interview guest’s time, he’s able to give access to individuals information and inspiration previously inaccessible to the first-time entrepreneurs who need it most.

They can listen to venture capitalists and successful business people explain first-hand, how they got to where they are, how to start a company, how to overcome challenges, how they see the future evolving, opportunities, work-life balance and so much more..

American Dreams discusses many topics from some of the world’s most successful individuals about their secrets to life’s success. Topics from guest have included:

Creating purpose in life / Building a foundation for their life / Solving problems / Finding fulfillment through philanthropy and service / Becoming self-reliant / Enhancing effective leadership / Balancing family and work…

Untitled_Artwork copy 4 (Also sponsored by GROCO) provides free access to content and world-class entrepreneurs, influencers and thought leaders’ personal success stories. To help you find your path in life to true, sustainable success & happiness.  It’s mission statement:

In an increasingly complex and difficult world, we hope to help you find your personal path in life and build a strong foundation by learning how others found success and happiness. True and sustainable success and happiness are different for each one of us but possible, often despite significant challenges.

Our mission at is to provide resources and firsthand accounts of how others found their paths in life, so you can do the same.

Posted in

Rob Ryan’s Amazing Movie Premiere June 28th on How He Saved the Internet

The Hollywood movie premiere of the Rob Ryan story is a cinematic tribute to innovation.  This remarkable film documents the real-life journey of this visionary from crisis to triumph and how he saved the internet!  On June 28th at 9:30 PM in the iconic Chinese Theatre.   Rob Ryan, Founder of Ascend Communications discusses the…

Early Detection Saves Lives with Steve Marler

Steve Marler, Founder of Advanced Longevity discusses how early detection can save lives and overcoming a broken healthcare system on Alan Olsen‘s American Dreams Show. Transcript: Alan Olsen Welcome to American Dreams. My guest today is Steve Marler. Steve, welcome to the show.   Steve Marler Thank you. It’s great to be here.   Alan Olsen So Steve,…

Mark Sadovnick Talks Leadership, Authenticity, and Making an Impact

Mark Sadovnick Talks Leadership, Authenticity, and Making an Impact

Mark Sadovnick, Managing Partner at 5th Element Group discusses leadership, authenticity, and making an Impact on Alan Olsen‘s American Dreams Show. Transcript: Alan Olsen Welcome to American Dreams. My guest today is Mark Sadovnick. Nick, Mark, welcome to today’s show.   Mark Sadovnick It’s great to be here. Alan, thanks for inviting me.   Alan Olsen So, Mark,…

Preserving My Family’s Life’s Work & Legacy

Tom Chatham, Chairman of Chatham Created Gems & Diamonds, Inc., discusses preserving his family’s legacy and life’s work on Alan Olsen‘s American Dreams Show.   Transcript: Alan Olsen Welcome to America dreams. My guest today is Tom Chatham. Welcome to today’s show.   Tom Chatham Thank you glad to be here.   Alan Olsen So, Tom, we’ve had…