The company’s chief executive Rajiv De Silva made the claim on a recent call with analysts.
US President Barack Obama said this week that his administration plans to move quickly to curb what he called a “herd mentality” by companies doing business deals that help them escape US corporate taxes, saying the practice was unfair to Americans.
His comments came on the same day that US retailer Walgreens backed down from its plan to use a so-called inversion to reduce its taxes.
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