There is also one other possibility in the IAG-EI picture that should be considered ... the idea of an "inversion takeover", where one company takes over a second that's in a lower tax jurisdiction and then relocates it's head office to the acquired business's HQ.
Is it possible that IAG is viewing the Irish 12.5% corporate tax rate as a benefit of purchasing EI? Might Aer Lingus's status as an Irish company be, in and of itself attractive to a potential buyer? Could IAG become an Irish domiciled organisation for tax purposes should the purchase take place?
JAS
Last edited by Just a spotter; 25th Dec 2014 at 20:32.