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The FT reports that most of the new inversions are taking place in the context of a foreign acquisition. Two U.S. pharmaceutical companies, Perrigo and Activis, have bought Irish drug makers and are shifting their headquarters to Ireland, where the corporate income tax is only 12.5 percent. Other companies are relocating to the Netherlands or the United Kingdom after acquiring firms based there. I use the term "relocation" advisedly, because in fact these maneuvers will leave their U.S. operations unchanged.
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Author: - Kirjoittanut: Anonymous, 04/30/2021, |