United States tightens tax rules for companies – helagotland.se

United States tightens tax rules for companies – helagotland.se

Published: 2014-09-23

Washington.

the United States tightens rules for businesses moving abroad or buy foreign companies to avoid tax. The rules may hamper efforts for a new trial from the pharmaceutical giant Pfizer to take over Astra Zeneca. (TT)

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the United States tightens rules for companies that buy foreign competitors and moving abroad to avoid taxes, the Finance Ministry announced.

We’ve recently seen some great companies publish plans to exploit this loophole, says President Barack Obama.

The rules will take effect immediately, which could put a spanner in the works for a new attempt by the American pharmaceutical giant Pfizer to take over the Swedish-British AstraZeneca.