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Old 05-21-2013, 09:17 AM  
L-Pink
working on my tan
 
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Join Date: Mar 2005
Location: Florida/Kentucky
Posts: 39,151
Quote:
Originally Posted by purecane73 View Post
http://www.forbes.com/sites/conniegu...enate-hearing/

this article says they paid six billion last year and are on pace to pay 7 billion this year...idk who to believe?
I think what's at issue, and I really don't understand it myself is this ?..

A foreign owned part of an international company has foreign factories, foreign employees, foreign customers, foreign sales, foreign profits, foreign bank accounts. Just why do they owe the taxes in the US?

And how much of the "US" stock price is based foreign deposits? I really don't know that much about this, I probably should but don't.

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