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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 374.850.0%Nov 20 4:00 PM EST

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To: Elroy Jetson who wrote (15303)3/13/2007 3:07:03 PM
From: Slagle  Read Replies (3) of 217906
 
Elroy,
There could be some tax savings, depending on how it is structured. If the new entity in Dubai is a holding company for all the Haliburton subsidiaries around the world those doing business outside the US would not be exposed to US taxes. Also, the employees in Dubai could escape US taxes if they stay there for extended periods and don't return to the US.

I suppose business in the US or with the US government would be taxed the same as now. I bet the primary advantage is with regards to accounting and reporting requirements so that politicians and others around the world can be bought without the worry of any US Justice department snoops getting in the way.
Slagle
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