Prudential latest to ponder tax exodus

Prudential is understood to
be considering relocation of its headquarters to Ireland or Amsterdam in a bid
to cut down on its tax bill, reports.

The move co-incides with news this week that another insurance company, RSA,
and Kingfisher, the retailer and owner of B&Q home stores is also plotting
to move offshore.

Banking giant HSBC was also reportedly considering a move away from the UK
this week.

The companies could be joining Alliance Boots which has quit Britain for
Germany and Shire for Ireland.

Further reading:

RSA and Kingfisher mull tax moves

the Tax-News story

Related reading