{"id":24734,"date":"2014-05-06T21:31:48","date_gmt":"2014-05-06T20:31:48","guid":{"rendered":"http:\/\/www.taxresearch.org.uk\/Blog\/?p=24734"},"modified":"2014-05-07T08:54:22","modified_gmt":"2014-05-07T07:54:22","slug":"for-those-who-say-where-something-is-owned-does-not-matter-please-explain-why-pfizer-is-so-keen-on-tax-havens","status":"publish","type":"post","link":"https:\/\/www.taxresearch.org.uk\/Blog\/2014\/05\/06\/for-those-who-say-where-something-is-owned-does-not-matter-please-explain-why-pfizer-is-so-keen-on-tax-havens\/","title":{"rendered":"For those who say where something is owned does not matter, please explain why Pfizer is so keen on tax havens"},"content":{"rendered":"<p>I note many on the right are claiming who owns a company, and where, does not matter. The context is, if course, the Pfizer bid for AstraZeneca.<\/p>\n<p>If this is true I have one question for those who suggest it. Why, in that case, does Pfizer place the ownership of a significant number of its subsidiaries in tax havens, as the <a href=\"http:\/\/www.dailymail.co.uk\/news\/article-2621991\/Given-184-million-Treasury-US-predator-Pfizer-paid-just-118-million-tax-three-years.html\" target=\"_blank\">Mail reports this morning<\/a>?<\/p>\n<p>Where you own something actually seems to matter a very great deal, after all.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>I note many on the right are claiming who owns a company, and where, does not matter. The context is, if course, the Pfizer bid<br \/><a class=\"moretag\" href=\"https:\/\/www.taxresearch.org.uk\/Blog\/2014\/05\/06\/for-those-who-say-where-something-is-owned-does-not-matter-please-explain-why-pfizer-is-so-keen-on-tax-havens\/\"><em> Read the full article&#8230;<\/em><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[35,10,32],"tags":[],"class_list":["post-24734","post","type-post","status-publish","format-standard","hentry","category-economics","category-tax-avoidance","category-tax-havens"],"_links":{"self":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/posts\/24734","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/comments?post=24734"}],"version-history":[{"count":0,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/posts\/24734\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/media?parent=24734"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/categories?post=24734"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/tags?post=24734"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}