What Brexit? McDonalds to move its international tax base to the UK

Maccas is moving its international tax base to the United Kingdom from Luxembourg

• Creating a new international holding company
• Domiciled in the UK
• To receive the majority of royalties from licensing deals outside the United States

Adds Reuters:

• The reorganization comes amid an investigation by the EU into what it says are sweetheart tax deals that smaller states in the bloc offer to multinational companies to lure jobs and investment.