Senate Hopeful Defends Role In Irish Firm's Merger

By KYLE POTTER, Associated Press, San Francisco Chronicle: Politics
Fri, 08/29/2014 - 10:30pm

ST. PAUL, Minn. (AP) — Years before Burger King sized up a Canadian headquarters in a hunt for lower taxes, Republican U.S. Senate candidate Mike McFadden's investment firm was involved in a merger that moved an American pharmaceutical company to Ireland and significantly dropped its tax rate. McFadden's Minnesota-based firm made more than $11 million, according to public filings. The 2012 deal came at the foot of a recent wave of so-called tax inversions in which U.S.

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Topics:  st paul   ap    years   burger king   canadian   republican u.s   mike mcfadden   american   ireland   mcfadden   democratic u.s   franken   minn   sen   u.s    merger   tax   firm   

 

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