"Johnson Controls Inc. and Tyco International PLC agreed to merge, the companies said Monday, in a deal that will place the combined company’s headquarters in Ireland.
The companies said the merged entity would save at least $150 million a year on taxes and at least $500 million in costs over the first three years after the completion of the deal."
http://www.marketwatch.com/story/jo...n-tax-inversion-deal-2016-01-25?siteid=yhoof2
This sucks for us taxpayers but I can't blame them for leaving.
The companies said the merged entity would save at least $150 million a year on taxes and at least $500 million in costs over the first three years after the completion of the deal."
http://www.marketwatch.com/story/jo...n-tax-inversion-deal-2016-01-25?siteid=yhoof2
This sucks for us taxpayers but I can't blame them for leaving.
