Users Online Now:
GLP Poker Rooms
Donate To GLP
Back to Forum
Back to Thread
REPLY TO THREAD
CEOs pushing for new tax reform, dont want to pay taxes on profits from overseas, obama met with CEOs
Ms Sans Serif
In accordance with industry accepted best practices we ask that users limit their copy / paste of copyrighted material to the relevant portions of the article you wish to discuss and no more than 50% of the source material, provide a link back to the original article and provide your original comments / criticism in your post with the article.
[quote:Ulysses31:MV8yMDU3NTIyXzM0NjAzNDE4X0FFRjcxMThB] [quote:Anonymous Coward 7702124:MV8yMDU3NTIyXzM0NjAyODE2X0Y4RTlBMjhD] [quote:mrmuffins69:MV8yMDU3NTIyXzZCRjk0N0U3] [b]if company was incoporated in usa then they wont have to pay taxes on profits generated from overseas[/b], in my opinion it doesnt even matter anymore do half of them even pay the required tax rate? some of the big companies dont even pay any taxes. they call it Fix the Debt. http://www.ombwatch.org/node/12282 [/quote] That's PURE BULLSHIT PROPAGANDA. :naughty: They still have to pay the taxes from the country where the profits were generated....and many UK countries have STEEP taxes. [/quote] Many US companies based in low corporate tax countries (such as Ireland) only have to pay 12.5% corporation taxes. BTW...EU want to harmonize this to 20%+ All that is required for a foreign based company to avail of this rate is a brass plate on a wall & be registered with an Tax commissioners, they then can route profits via this brass plate company and only pay 12.5% tax. It's no wonder Obama wants to end this practice whereby US companies take advantage of favorable corporate tax rates in other countries or as he put it 'Tax heavens' but not have any 'real' operations in that tax heaven country. [/quote]
if company was incoporated in usa then they wont have to pay taxes on profits generated from overseas, in my opinion it doesnt even matter anymore do half of them even pay the required tax rate? some of the big companies dont even pay any taxes. they call it Fix the Debt.
link to www.ombwatch.org
Pictures (click to insert)
Big Round Smilies
Aliens and Space
Friendship & Love
Misc Small Smilies
View All Categories
Next Page >>
DANGEROUS SUNSPOT ALIGNING WITH EARTH
Giant sinkhole in Durham is ‘becoming bigger’ every second, landowner warns
California drought is so severe it’s ‘causing the Ground to move’
Are You Brushing Your Teeth with a Carcinogenic Endocrine Disruptor?
Mind Control Scientists Turn Off Emotional Link to Memories
Wall Street Admits That A Cyberattack Could Crash Our Banking System At Any Time
Robots Could Learn How to Herd Humans Like Sheep: Study
Flint Michigan Considers Distributing Scientology Book To Save City
Prof Threatens To Lower Students’ Grades For Saying ‘Bless You’ After Sneezes
One of NSA’s Biggest Contractors Will Now Be Recording Your License Plate Numbers
By 2020 Only Cars That Speak to Each Other Will Be Allowed on the Road
Debt, Vaccines and Food as a Weapon: When International Aid is Used for Population Control
Did You Know? 1 in 6 Children Now Has a Developmental Disability in the U.S.
MH17 Fully Exposed! You Won't Believe the Shocking Truth
On a Budget? Pink Slime is Back to Save You Money!
USGS Study: Yellowstone Eruption Would Send Ash Across North America
National Progressives Want A "Federal Czar" To Oversee Local Police Forces
Fed Vice Chairman Warns: Your Bank May Seize Your Money to Recapitalize Itself
Some Bay Area Residents Report Mysterious Flashes In The Sky During Napa Quake
Geneticist Traces Mysterious Origins of Native Americans to Middle East, Ancient Greece
How to Opt-Out Of Forced Vaccinations
Report: Bilderberg 2015 Location Discovered
Mysterious Phony Cell Towers Could Be Intercepting Your Calls
Dozens of police departments suspended for losing US military-grade weaponry
California: Davis City Council Just Ordered Police to Get Rid Of MRAP
Disclaimer / Copyright Info
with questions or comments about this site.
"Godlike Productions" & "GLP" are registered trademarks of Zero Point Ltd.
Website Design Copyright © 1999 - 2014 Godlikeproductions.com
Page generated in 0.004s (5 queries)