Britain becomes haven for U.S. companies keen to cut tax bills

editor score
Editor Score:
62
editor score
Quality:
55
editor score
Reliability:
60
Asset Type
License
Free
Expiration
Sunday, June 16, 2024
Publication year
2014
Industry
Financial

In the last year around a dozen major U.S. companies unveiled plans to shift their tax bases overseas outside the United States. Following recent legal changes whereby Britain largely stopped seeking to tax corporate profits reported in other countries, companies are increasingly choosing the UK as a corporate base.

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Publisher:
Reuters
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