CNBC Power Lunch August 6, 2014
You are right, tyler. Expectations were that after buying 55 of europes allianz, walgreens would move the headquarters to switzerland or the uk where corporate taxes are lower. While the firm is paying 15 billion in stock and cash for the rest of the european pharmacy, it will remain head quartered in illinois, where it exto pay a tax rate in the high 120 range. Accounting expert estimates walgreens could have saved 2 billion in taxes over four years by rye domiciling overseas, but on a conference call, the ceo saying the board carefully reviewed doing a tax inversion, but decided it wasnt in ...
Source: archive.org