Workday

Workday Takes Advantage Of Irish Tax Break

The US business software maker, Workday Inc (NYSE:WDAY), has shifted a chunk of its intellectual property to Ireland in a move to cut its tax bill. With a current valuation of $15.6bn, the rival to software giants SAP AG (ADR) (NYSE:SAP) and Oracle Corporation (NYSE:ORCL) joins a host of other US corporations that are taking advantage of Ireland’s tax regime to reduce their tax obligations.

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