You are here

COMMENTARY

America must bring the corporate tax exiles home

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...

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes