Even as Apple faced a grilling from lawmakers over its tax avoidance schemes, two more companies revealed they would move jurisdictions to lighten their tax burden. U.S. drugs maker Actavis announced on Monday that it is to acquire rival Warner Chilcott in a transaction valued at approximately $8.5 billion. In the same press release it said the combined company would be incorporated in Ireland, where Warner Chilcott is currently domiciled. Ireland, with its 12.5 percent corporate tax rate, has attracted attention in recent days with accusations that Apple used its international operations unit in Ireland to reduce ... (full story)