Back in 2009 some enterprising McDonald's tax planners came up with a clever variation on the shell game: park our European IP in Luxembourg, and then run the profits through a Swiss subsidiary and a U.S. storefront operation whose only function is to keep track of the cash flows.
Back in 2009 some enterprising McDonald's tax planners came up with a clever variation on the shell game: park our European IP in Luxembourg, and then run the profits through a Swiss subsidiary and a U.S. storefront operation whose only function is to keep track of the cash flows.
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