Commentary: Don't Laugh: Europe May Start Slashing TaxesBy
Like any smart company, Virgin Express shopped around. When the upstart airline decided to add new planes and crews, executives looked to base them where it could get the best tax deal. The winner: Ireland, where Virgin plans to set up a subsidiary in Dublin by yearend. The loser: Belgium, home to the company's Brussels headquarters and its current fleet of 19 aircraft.
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