SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Strictly: Drilling and oil-field services
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: marc chatman who wrote (47122)6/30/1999 5:15:00 PM
From: Houston_CPA  Read Replies (1) of 95453
 
European corporate shareholders get best tax benefit

on Cayman tax home. Here's my comment: I've worked in Germany as an accountant where despite high personal income tax rates, individual shareholders take capital gains on investments tax free. Not so for corporations... there are expensive special tax problems for corporations exchanging their shares in merger & acquisition deals.

Think about SLB and RIG's French, German and Norwegian corporate shareholders. The reorganization as a Cayman Islands corporation is I think more about making ready the way for a takeover without negative tax consequences to European corporations holding shares as about reducing RIG's effective corporation income tax rates. It's the tax treaties not the tax rates (in my opinion).
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News