Odaily Planet Daily News Circle Internet Financial plans to transfer its legal base from the Republic of Ireland to the United States. A Circle spokesperson confirmed on Tuesday that it had recently filed court documents to re-establish its registered location, but declined to disclose the reason. Circle secretly submitted an IPO plan to the US SEC in January. With this shift, Circle may face heavier US taxes. (Bloomberg) Note: Legal base refers to the place a company or organization chooses as its registered and legal location.