Accenture flees to Ireland

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The Wall Street Journal has reported:

Accenture is seeking to become the latest company to switch tax-haven locales.

On Tuesday, the consulting and outsourcing firm said its board of directors had unanimously approved switching the company's place of incorporation from Bermuda to Ireland.

The move is, of course, provoked by Obama’s attack on tax havens from the USA.

Time we did the same on Ireland from the UK and EU, I suggest.

Ireland is promoting tax abuse through the artificial relocation of profits. And it allows the fact to be hidden on publiuc record.

Time to call game over on this abuse, now. That way exploitative organisations that use these places would have nowhere left to hide. Which is exactly what is necessary in an era of accountability and transparency.