Tax Avoidance Dept: PayPal moving majority of assets from Dublin to Singapore

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Tax Avoidance Dept: PayPal moving majority of assets from Dublin to Singapore

07-30-2007, 08:56 AM,

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mandy Offline

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Tax Avoidance Dept: PayPal moving majority of assets from Dublin to Singapore

Quote:Dublin-based online payment group PayPal a subsidiary of web auction giant eBay - is moved a significant portion of its business to Singapore for accounting and taxation purposes, according to reports.

The decision to relocate the majority of the companys assets overseas was part of a 'tax realignment' strategy, a spokesperson for eBay told the Irish media...

full article: http://www.accountancyage.com/accountanc...assets-tax

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