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Politics : Formerly About Advanced Micro Devices

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To: i-node who wrote (938621)6/7/2016 3:17:17 PM
From: J_F_Shepard   of 1577183
 
There are a lot of usa corportations that have "moved" their hq's to tax havens such as Bermuda......IBM is one of them... they essentially set up an office with a phone and a computer and call it a headquarters.... And then of course you know of the mergers between US companies and smaller companies is more tax friendly countries with the hq of the new merged company residing in the country where the smaller company resides.....this is called inversion, I think...

"Corporate inversion is one of the many strategies companies employ to reduce their tax burden. One way that a company can re-incorporate abroad is by having a foreign company buy its current operations. Assets are then owned by the foreign company, and the old incorporation is dissolved."

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