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#2924920 - 08/29/12 02:06 PM U.S. Firms Move Abroad to Cut Taxes
Crappie Luck Moderator
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Registered: 01/29/03
Posts: 61398
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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.

http://online.wsj.com/article/SB10000872396390444230504577615232602107536.html
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#2925107 - 08/29/12 04:04 PM Re: U.S. Firms Move Abroad to Cut Taxes [Re: Crappie Luck]
preds1
12 Point


Registered: 10/16/09
Posts: 6475
Loc: Sumner County

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Liberals msut be rejoicing.
Feeling based actions..........meet consequences.

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#2925264 - 08/29/12 06:02 PM Re: U.S. Firms Move Abroad to Cut Taxes [Re: preds1]
fishboy1
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Registered: 01/13/03
Posts: 10554
Loc: Warren Co

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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?
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