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Strategies & Market Trends : Value Investing

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To: valueminded who wrote (9021)11/27/1999 12:04:00 AM
From: Q.  Read Replies (1) of 78602
 
re. MO and your idea that they could move offshore,

I'm curious about the offshore idea. I know that the big oil-service companies, like Schlumberger, which do much of their business in other countries, are incorporated in Caribbean countries, but I've never read why. Do you happen to know? Is it to reduce taxes, or to shelter assets from lawsuits?

If it would be attractive to a multinational like MO to be offshore, then why I wonder haven't they done it already?
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