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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 (10253)3/27/2004 7:07:38 PM
From: TopCatRead Replies (1) | Respond to of 81568
 
>>>...resulting in HP being able to book high profits for HP China and little or no profits for HP US, even though the computer is sold in the US, HP should be taxed for this *as if* all those profits were made here.<<<

You've apparently never heard of transfer pricing and the existing tax laws associated with it. In short, what you are talking about is already done.


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