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Judge Says Eaton Moved $14B Subsidiary For Tax Purposes

By Molly Moses ( December 12, 2025, 6:47 PM EST) -- A U.S. Tax Court judge said Friday that he plans to find Eaton's U.S. group transferred ownership of a $14 billion subsidiary overseas in 2012 solely to justify payment of higher interest rates and guarantee fees to the company's new Irish parent....

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