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Pastimes : Investment Chat Board Lawsuits -- Ignore unavailable to you. Want to Upgrade?


To: bully who wrote (4684)5/30/2003 3:33:55 PM
From: scion  Read Replies (1) | Respond to of 12465
 
Connecticut to stop dealing with offshore companies

By Robin Holder
(Business from 2003-05-30 Edition)

A BILL recently passed in the U.S. State of Connecticut will prohibit state agencies from signing contracts with publicly traded companies who have incorporated offshore. Tax-News.Com reports that in this latest attack on ‘unpatriotic’ U.S. corporations, lawmakers in Connecticut’s House of Representatives are drawing up a list of firms barred from taking state contracts and this is expected to contain 18 names initially. They allege that these firms merely have a post office box in an offshore location whilst their CEO’s continue to work in the United States.

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