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Politics : Don't Blame Me, I Voted For Kerry -- Ignore unavailable to you. Want to Upgrade?


To: Lizzie Tudor who wrote (10243)3/27/2004 5:21:05 PM
From: Peter O'BrienRead Replies (1) | Respond to of 81568
 
And how, pray tell, is Kerry going to "crack down" on this?
That would be akin to building a "Berlin Wall" and
preventing a person from changing his/her citizenship!
Why can't a corporation be free to change its citizenship
just like an individual person?

You don't seem to understand this issue at all!

Even if a U.S. company re-incorporates in the
Cayman Islands, they will still pay full U.S.
taxes on their U.S. operations! They are only
avoiding U.S. taxes on their non-U.S. operations.