Sander Levin

5 results

The rules were unveiled as Pfizer looks to acquire Dublin-based Allergan in a €141 billion deal that would be the biggest corporate inversion to date and lead to the New York-based firm availing of Ireland’s lower 12.5 per cent corporate tax rate. Photograph: Tom Bergin/Reuters

The US treasury has clamped down again on so-called corporate inversions in an attempt to stop American companies switching their on-paper headquart(...)

A $150 billion proposed deal, still under negotiation, would see New York-based Pfizer redomicile in Ireland

The US Treasury Department on Thursday took steps to clamp down on tax-avoiding “inversion” deals with new rules, though there was scarce evidence the(...)

Jacob “Jack” Lew, US treasury secretary.   Mr Lew has urged members of Congress  to pass legislation immediately to stop US companies from shifting their legal addresses overseas

The Obama administration has added its voice to the growing chorus of criticism of US companies shifting their legal addresses overseas, in many cases(...)

More than 70 US companies have shifted their tax domiciles to foreign addresses since 1983, mostly relocated their headquarters to Ireland, the UK, the Netherlands and Switzerland. Photograph: Reuters

The attraction of Ireland’s low-cost tax regime to American multinationals has again come under the spotlight in the US Congress after a new report fo(...)

Medtronic chairman and chief executive Omar Ishrak said the deal with Covidien would allow the company to  make more investment in US technologies. Photograph: Brendan McDermid/Files/Reuters

US medical device maker Medtronic has agreed to buy Covidien Plc for $42.9 billion (€32 billion) in cash and stock and move its executive base to Irel(...)