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(English) Puerto Rico Tax Break Shifts to Cayman Islands

From Bloomberg News

On either side of a two-lane road and surrounded by the lush green mountains of Villalba in central Puerto Rico, stand a pair of manufacturing plants owned by Medtronic Inc. (MDT), the world’s biggest maker of heart-rhythm devices.

Medtronic does more than half of its $16 billion in annual sales of pacemakers, […]