• Panasonic to move European headquarters out of UK

    22 days ago - By Chron

    LONDON - Japanese electronics giant Panasonic has become the latest company to announce plans to move its European headquarters out of Britain ahead of Brexit.
    The company said in a statement Thursday that it plans to relocate from the U.K. to Amsterdam on Oct. 1 to "pursue improved efficiency and cost competitiveness while having easy access to the different markets within Europe."
    The Nikkei Asian Review newspaper reported that the move aimed to avoid potential corporation tax issues linked to Britain's exit from the European Union next year. Quoting Panasonic Europe's CEO Laurent...
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