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 >>
Double amputee moves prosthetic arms by intuitive thought
Feminism Backlash: Media Programming, Endocrine Disruptors, Will Men Find Their Hearts Again?
The Baltic Dry Index Has Never Crashed This Fast Post-Thanksgiving
Why There's No Ebola Vaccine
What is a New World Order?
How Nonprofit Hospitals Are Seizing Patients’ Wages
Cop: We Need Military Equipment Because of “Constitutionalists”
Forget North Korea: Watch Out for Chinese Censorship of Hollywood
Vermont Governor Abandons Single-Payer Healthcare
How Germany Was Partitioned. Lessons for Ukraine
EPA Declines to Classify Coal Ash as Hazardous Waste
Protesters shut down part of Mall of America in Minnesota
World War III - The Calm Before the Storm
EFF in Court to Argue NSA Data Collection from Internet Backbone Is Unconstitutional
Unacceptable Levels: The Chemicals In Our Bodies; How They Got There and What To Do About It
Satanic Temple Invokes Supreme Court Ruling to Force Display at Florida Capitol Building
US seeks to overthrow Venezuela government: official
Privacy will not exist in 10 years
Correction: Tonight isn't the longest night in Earth's history
Creep of the Week: Convicted Wall Street trader sues customer who turned him in!
Obama condemns Sony's decision to drop film, says US must retaliate and pass cyber bill
Bush v. Clinton In 2016? New World Order Dream Matchup Being Touted As ‘Inevitable’
Court Rules You CAN Be ‘Too Smart’ to Be a Cop
Mainstream Media Ignores Massive Open Carry Protest
Police Pre-Crime Algorithm Uses Social Media Posts Against You in Real-Time
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)