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US ‘tax inversion’ deals skew Ireland’s FDI numbers

  • 02-11-2015 8:01am
    #1
    edward2222
    Registered Users, Registered Users 2 Posts: 116 ✭✭


    Credit to: Offshore News : US ‘tax inversion’ deals skew Ireland’s FDI numbers
    A spate of so-called “tax inversion” deals involving companies based in Ireland appears to be distorting the country’s foreign direct investment (FDI) numbers, The Irish Times reports.

    An OECD report suggests investment by Irish firms abroad more than doubled to US$75 billion in the first half of 2015.

    The study links the unusually large outflow to a US$51 billion flight in equity capital in the pharmaceutical sector.

    Two large mergers involving entities with Irish headquarters occurred during the six-month period.

    Never thought this tax inversion is quite dangerous.


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