SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Don't Blame Me, I Voted For Kerry -- Ignore unavailable to you. Want to Upgrade?


To: Lizzie Tudor who wrote (10247)3/27/2004 5:44:59 PM
From: Peter O'BrienRead Replies (2) | Respond to of 81568
 
>For the same reason that an individual person
>can't change his citizenship to the Cayman Islands
>while continuing to live in NYC and work on wall
>street making 1mm$$/year.

A foreign citizen most certainly can live and work
in NYC and make 1mm$$/year here, so long as they
file and pay U.S. income tax on the money they
make here in the U.S.



To: Lizzie Tudor who wrote (10247)3/27/2004 6:01:04 PM
From: Peter O'BrienRead Replies (1) | Respond to of 81568
 
>As far as offshore ops, if a complete division offshore
>produces a product, and sells it HERE (as is a common
>practice for Hewlett Packard for example) then it is the
>offshore division of HP that is profitable, NOT HP US-
>even if they sell the product here! I don't think you have
>thought this through. Kerry's plan addresses this in its
>entitety.

If Kerry really does somehow prevent U.S. companies
from re-incorporating in another countries, there is
STILL another way around it...

I predict you will start seeing U.S. companies
SPINNING OFF their profitable foreign-based operations
into SEPARATE foreign-based companies!