Quote:
Originally Posted by Busy Bee
At this point I think there's a 1/3 chance they move downtown, a 1/3 chance they stay in Deerfield and a 1/3 chance they move to Switzerland to avoid paying taxes.
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I can tell there is still confusion about what these corporate tax inversions are about - this was not a potential operational HQ move - it was essentially little more than a prospective move on paper strictly for tax purposes - not a move that really impacts real estate decisions of its operational HQ (the HQ that actually employees thousands of employees and occupies probably one million sq ft + of real estate.......what I'm saying is there was a 40% chance of them inverting, a 2/3 chance of them moving downtown and a 1/3 chance of them staying in the suburbs.....(these are not supposed to add up to 100%!)
Moot now, but I think they made the smart decision as well (although has nothing to do with where their operational HQ will be 4 years from now)......