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

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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.

 

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Belgique Dernières Nouvelles, Belgique Actualités