IDEAS

摘要

For years, Bermuda and its Caribbean siblings, the Cayman Islands and British Virgin Islands, have played host to companies seeking favorable tax treatment. But rising concerns about a U.S. crackdown on tax havens have executives rolling up their beach blankets and decamping to far less sunny shores.rnSince October at least a half-dozen major corporations, including Tyco International, Noble, and Ingersoll Rand, have reincorporated in Ireland or Swit -zerland or proposed doing so. The two countries may have higher tax rates than prevail in the tropics, but both offer bigger tax savings than does the U.S. or the rest of Europe. Plus, both have well-established tax treaties,rnwhich decide which country has primary taxing rights and help avoid double taxation.