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United States

Submission Defense Contractor Halliburton Moving HQ to Dubai

theodp writes: "Much-maligned defense contractor Halliburton is moving its corporate headquarters from Houston to Dubai in the United Arab Emirates. Dubai's friendly tax laws will add to Halliburton's bottom line. Last year, it earned $2.3B in profits. Sen. Patrick Leahy called the company's move 'corporate greed at its worst.' Halliburton, once headed by VP Dick Cheney, has received contracts valued at an estimated $25.7B for its work in Iraq."

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