SUBSCRIBERS
America must bring the corporate tax exiles home
Published Mon, Dec 14, 2015 · 09:50 PM
THE Pfizer-Allergan deal is a travesty. Pfizer, which is based in New York, will move overseas by merging with Allergan, based in Ireland, in a manoeuvre known as a corporate inversion. The point isn't to find corporate synergy. It is to leave behind America's uncompetitive international tax system.
Not only is this the largest inversion in history, but it will also open the floodgates for other companies to leave the U…
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Columns
Why a stronger dollar is dangerous
‘Competition for talent’ a poor excuse to keep key executives’ pay under wraps
An overstimulated US economy is asking for trouble
Too many property agents? Cap commissions on home sales
Time to study broadening of private market access
Far from thawing, the US-China economic war could see a new front opening up