Taxes

American Companies Want to Pay British Taxes

Britain benefits from U.S. tax inversion.

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America once went to war to escape British taxes. Now, U.S. companies are moving to the U.K. to pay them.

U.S. businesses are buying foreign companies in countries with lower tax rates so they can switch their legal home and cut their tax bills. The process, known as inversion, is the hottest trend in mergers and acquisitions, driving some of the biggest takeovers this year.

While some companies are heading to low-tax countries like Ireland and the Netherlands, Britain is emerging as the most popular landing spot because American executives are comfortable with its location, language and lifestyle. A tax break for companies filing for patents in the U.K. is another reason, particularly for pharmaceutical makers, which have been big participants in the inversion rush.

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  1. Well, this is obviously a result of corporate taxes being so low in the US. If they were higher, those companies would be lining up to “repatriate” their earnings!

    /dipshit leftoids on facebook

  2. No one makes business decisions on where to locate based on the tax rate.

    /Lefty McSchmefty.

  3. Taxation is an ambiguous issue and there are many different approaches to taxation system construction. Today there are many kinds of taxes on everything you own. If you want to have something good ? please pay for it. Sometimes it is not fair as we work hard to enjoy this life. Anyway this UK pay day loans lender will be a great help with paying taxes on time when you have lack of money.

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