Tax, tech and electric cars: why is Dyson going to Singapore?

Fiscal experts fear HQ relocation could be start of an exodus of companies from post-Brexit UK

The decision by technology giant Dyson to relocate its headquarters to Singapore could see the company enjoy significant tax benefits, depending on where it registers the intellectual property for its next generation of products, a leading tax expert has claimed.

Dyson sent shockwaves across the business and political worlds last week when it announced the relocation from Wiltshire, which will see two senior executives move to Singapore. Chief executive Jim Rowan insisted the decision was nothing to do with Brexit or tax but rather to "make us future-proof".

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