Ferrari Reportedly Ponders Moving Fiscal Residence Outside Italy, Fiat Denies It

Italy’s corporate tax rate is 31,4 percent. UK’s is currently 21 percent and, next year, will decline to 20. Sergio Marchionne did the math and simply moved Fiat’s fiscal residence to London. Make that “Fiat Chrysler Automobiles” (FCA), as this is the name of the new entity.
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Ferrari Reportedly Ponders Moving Fiscal Residence Outside Italy, Fiat Denies It
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Reviewed by Unknown
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