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Leaked documents show how U.S. companies use overseas to pay less in taxes

2015-01-25 07:16:48| Food - Topix.net

When Cecil-based generic drug giant Mylan bought Bioniche is 2010, it didn't simply hand over a check to the owners of the Irish pharmaceutical firm. Instead, Mylan channeled financing through Luxembourg, a small European country that is a magnet for U.S. companies seeking ways to cut their tax bills.

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