Today is the filing deadline for US Taxpayers. It is the time to consider tips and altering one's behaviors based on the tax code. How does this relate to pharmacy? One retail chain is mulling changing its headquarters to lower its tax bill, just like Apple did.
Employees of Walgreens (WAG) may imitate employees of Giant Pharmacy whose company went from being a domestic corp to an international corp with a HQ overseas. Various investors commented that the US corporate tax of 37.5% was higher than Switzerland's 20%. If the company change occurs at least 1/5th of stock most be held by foreign investors.
Source: yahoo and telegraph though there's an article in businessweek too.
