Lew’s modesty was justified. Just three weeks later, Steris, an Ohio-based medical device maker, announced it was acquiring Synergy Health Holdings of the United Kingdom and changing its tax residence to the U.K. Burger King, likewise, went ahead with its takeover of Toronto-based Tim Hortons, which made the American hamburger giant a Canadian taxpayer in the eyes of the Internal Revenue Service.
Source Article from https://www.washingtonpost.com/us-policy/2021/04/20/corporate-tax-loopholes-biden/
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