#profit-shifting

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European startups
fromwww.theguardian.com
2 months ago

Ireland could lose pharma tax to US after Trump accusations, experts warn

US pharmaceutical firms may repatriate profits to the US due to Trump's comments on Ireland's tax practices.
Profit shifting by pharmaceutical companies poses a significant challenge to US tax revenues.
European startups
fromBusiness Insider
2 months ago

Starbucks likely avoided taxes on $1.3 billion in profit using a Swiss subsidiary, a new report finds

Starbucks used a Swiss subsidiary to minimize tax liability by shifting $1.3 billion in profits over the last decade.
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