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...with their fiscal headquarters in a tax haven. Dublin? Smells of double Irish and similar fiscal constructions...
by markvdb 11y ago
...with their fiscal headquarters in a tax haven. Dublin? Smells of double Irish and similar fiscal constructions...
- Scoundreller 11y agoThis isn't unusual for a pharma company, or any other big company for that matter. Transfer/keep/develop the IP in a low-tax jurisdiction and then have their US/Canadian/whatever division pay a licensing fee to the corp in that low-tax jurisdiction.