Firm to transfer €25bn assets from Ireland in tax move

A US multinational is reportedly set to move €25bn worth of assets out of the country to avail of lower tax rates abroad.

Firm to transfer €25bn assets from Ireland in tax move
Fri, 16 Mar, 2007 - 08:14

A US multinational is reportedly set to move €25bn worth of assets out of the country to avail of lower tax rates abroad.

Reports this morning say the drug group Bristol-Myers Squibb is planning to move its assets into a holding company outside of Ireland.

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