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bluesdave · 03-11-2007, 05:59 PM

It is becoming more common for large companies to move their headquarters to some tax haven O/S. It is happening down here too. Once a company becomes multinational, they do not feel the same attachment to their homeland that they used to. They always give tax breaks as one of the main reasons, and that is probably correct. When you consider that these large corporations are making billions of dollars in profits, the lower tax can amount to a large slice of money.

03-11-2007, 05:59 PM	#2
bluesdave Getting older every day Join Date: Feb 2004 Location: Australia Posts: 308	It is becoming more common for large companies to move their headquarters to some tax haven O/S. It is happening down here too. Once a company becomes multinational, they do not feel the same attachment to their homeland that they used to. They always give tax breaks as one of the main reasons, and that is probably correct. When you consider that these large corporations are making billions of dollars in profits, the lower tax can amount to a large slice of money. __________________ History is a great teacher; it is a shame that people never learn from it.