Quote:
Originally Posted by Barry-xlovecam
AC Webconnecting Holding BV? (The Netherlands)
We are a Holding Corporation.
We own 25 corporations in 7 countries.
No ownership in the USA -- nothing to repatriate.
If Trump became pro porn and dumped that dick-head VP Mike Pence -- and then cut corporate income tax to 15% or less we might be persuaded to relocate -- that will never happen in the real American political world.
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The USA will never be good for erotic entertainment.
And it is fairly 'easy' to avoid taxes.
But for some big companies like Apple, facebook, this could be interesting.
You see now that the EU is tracking all the constructions with Holdings etcetra.
They want the money and if the USA won't do anything, Europe will take it.
the corporate tax used to be around 30% in Holland 10 years ago.
So they must do something, i rembered Obama also gave a change to get their overseas money for a reduced tax %.
in the mean time that money has grown a lot again.
Can Trump Tax Plan Bring Back Overseas Cash? (AAPL, MSFT) | Investopedia