Home / Centerstage / 2014 / july / Week 2 /
U.S. drug maker AbbVie finalizes a $54 billion deal to acquire Shire PLC and establishes its tax headquarters in the U.K. The move allows AbbVie to lower its tax rate to 13% by 2016, down from the current 22%, amid discussions surrounding U.S. companies seeking tax advantages by relocating abroad.
Thursday, 17 July, 2014