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#2924920 - 08/29/12 02:06 PM U.S. Firms Move Abroad to Cut Taxes
Crappie Luck Moderator

Registered: 01/29/03
Posts: 60962
Loc: Smith Co.

U.S. Firms Move Abroad to Cut Taxes (Companies Reincorporate Overseas, Saving Big Sums on Taxes)

More big U.S. companies are reincorporating abroad despite a 2004 federal law that sought to curb the practice. One big reason: Taxes.

Companies cite various reasons for moving, including expanding their operations and their geographic reach. But tax bills remain a primary concern. A few cite worries that U.S. taxes will rise in the future, especially if Washington revamps the tax code next year to shrink the federal budget deficit.
"To find out who your real rulers are, simply look to those whom you CANNOT criticize..."

#2925107 - 08/29/12 04:04 PM Re: U.S. Firms Move Abroad to Cut Taxes [Re: Crappie Luck]
12 Point

Registered: 10/16/09
Posts: 6367
Loc: Sumner County

Liberals msut be rejoicing.
Feeling based consequences.

#2925264 - 08/29/12 06:02 PM Re: U.S. Firms Move Abroad to Cut Taxes [Re: preds1]
16 Point

Registered: 01/13/03
Posts: 10527
Loc: Warren Co

I am trying to figure out how to incorporate myself as an overseas corporation, cut my income taxes.

I do a pretty awful Irish accent.... whats their tax rate?
If you can't trust people with freedom, how can you trust them with power ?

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