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Luxembourg

  • B&M swaps one tax haven for another

    Retail

    B&M has revealed plans to swap Luxembourg, the European tax haven the discount retailer has been domiciled in for over a decade, with Jersey. The London-listed company, which has its operational headquarters in Liverpool, said the move would simplify its corporate and administrative structure and provide “greater flexibility for returning capital to shareholders going forward”. [...]

    B&M is a member of the FTSE 250 index.

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