Time for a new home? Redomiciling businesses in UK and Ireland
The high number of companies, mostly US, eyeing acquisitions or ventures that will allow them to redomicile their business in the UK and Ireland is a major theme of this report. Mostly, it is about tax. But there is quite a bit more to it than that.
Flick through the pages of this report and a recurrent theme will immediately leap out at you — the growing number of US companies trying to buy UK or Irish competitors so that they can achieve a so-called inversion, cutting their corporate tax bills significantly.
The last 18 months has seen a growing stream of businesses, across a variety of sectors, trying to redomicile their operations to take advantage of lower tax rates…
Click on the link below to read the rest of the Allen & Overy briefing.
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