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Ticklish issue of whether or not to migrate to another tax jurisdiction

By Vanessa Houlder

Published: October 28 2008 13:27 | Last updated: October 28 2008 13:27

Amid this Autumn’s financial turmoil, WPP, the world’s second largest advertising group, unveiled big tax savings from a small but significant change in its corporate structure.

It joined a handful of businesses – Shire, United Business Media, Regus, Charter and Henderson – in moving its holding company and tax base out of the UK.

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