Ralph Lauren liquidates two Irish companies as part of legal structure reorganisation

  • 📰 businessposthq
  • ⏱ Reading Time:
  • 12 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 71%

Australia News News

Australia Australia Latest News,Australia Australia Headlines

Luxury fashion retailer Ralph Lauren is liquidating two Irish companies it set up in 2015 that have been used to channel more than $1.7bn in cash to the Netherlands and US

Ralph Lauren, the fashion retailer, is liquidating two Irish companies it set up in 2015 that have been used to channel more than $1.7 billion in cash to the Netherlands and US.

The company has said the liquidation of the two Irish entities, which have paid €81,390 in corporation tax since they were established, is part of a plan to reorganise Ralph Lauren Group’s legal structure worldwide.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 8. in AU

Australia Australia Latest News, Australia Australia Headlines