The US Treasury Department has issued new regulations which will make it more complicated for American companies to move to low-tax countries like Ireland.
The rules require the combined firms - through acquisition or merger - to have at least 25 per cent of employees, property and gross income in the new home country. Companies that fall short of the requirements could be liable to substantial tax penalties.
The revised rules follow the purchase of electrical...
Subscribe from just €1 for the first month!
All Digital Access + eReader
Unlimited Access for 1 Month
Then €19.99 a month after the offer period.
€149 For the 1st Year
Unlimited Access for 1 Year
90 Day Pass
Get a Business Account for you and your team