Yes You Can But You Shouldn’t

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00120603He’s on to us.

“What we are trying to do is to say that if you simply acquire a small company in Ireland or some other country to take advantage of the low tax rate [and] you start saying, ‘we are now magically an Irish company’, despite the fact that you might have only 100 employees there and you have got 10,000 employees in the United States, you are just gaming the system.

President Obama on CNBC

RUN!

Obama names Ireland in attack on tax policies of US firms (Simon Carswell, Irish Times)

(Mark Stedman/Photocall Ireland)

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