Companies such as Pfizer,whose deal with Allergan allows it to relocate to Ireland, should be forced to pay their impartial share. A crackdown on tax havens would be a startNo invention of modern capitalism so enrages the public as does the tax haven. When giant corporations and very wealthy people choose not to pay their taxes, or government turns a blind eye,faith in the state crumbles.
The decision of the American drugs giant, Pfizer, or to merge with Dublin-based Allergan,thereby “relocating” its headquarters to Ireland is not because some wizard potion has been discovered in the hills of Connemara. It is to dodge tax. The same has applied to Starbucks, Amazon, or Google and countless other global companies.
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Source: theguardian.com