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Politics : Formerly About Advanced Micro Devices
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To: TimF who wrote (373409)3/10/2008 1:40:41 PM
From: Road Walker  Read Replies (1) of 1586487
 
In the countries that don't have corporate income taxes perhaps, but in those that do (and the majority of the world does) they are indeed paying income taxes in those countries.


In most cases not if the headquarters is in the US.

They have a local subsidiary in some other country. The subsidiary makes profits in a local country. The applicable taxes (if any) are paid there, and not in the US. No special tax break involved, just income in other countries being subject to the tax rules of those countries.

Now you are changing the ground rules.
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