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Table 3 Direct shareholders and subsidiaries of the “holding” companies

From: Identification of key companies for international profit shifting in the Global Ownership Network

the Netherlands

the United States

the United Kingdom

Subsidiary

Shareholder

Subsidiary

Shareholder

Subsidiary

Shareholder

IE

9%

US

35%

CA

18%

GB

14%

US

15%

US

34%

US

8%

GB

11%

GB

13%

CA

12%

ZA

5%

n.a.

16%

n.a.

7%

FR

10%

IE

5%

JP

12%

IN

5%

FR

7%

DE

7%

DE

6%

JP

4%

DE

10%

NL

4%

CH

4%

FR

6%

CH

4%

MX

4%

FR

8%

IE

3%

DE

4%

  1. IE is Ireland; DE is Germany; FR is France; GB is the UK; CH is Switzerland; CA is Canada; JP is Japan; MX is Mexico; ZA is South Africa; IN is India; NL is the Netherlands; and n.a. is no information