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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: elmatador who wrote (68692)11/26/2010 7:33:51 AM
From: Logain Ablar  Read Replies (1) | Respond to of 217737
 
Quite a few companies (insurers) have been re domesticating their holding companies from Bermuda to Ireland in the past couple of years due to taxes (Ireland has an income tax treaty with U.S., Bermuda does not).

One redomesticated to Switzerland.

I would think Ireland is now off the table (language has also been a factor).

Also many companies have set up Irish subsidiaries and then entered into cross licensing agreements to try and avoid U.S. taxes (I think Google saves quite a bit on this).

If they raise rates it will stop new investment.

Tim



To: elmatador who wrote (68692)11/26/2010 3:11:23 PM
From: Maurice Winn2 Recommendations  Respond to of 217737
 
Ireland could lead the world. With low corporate taxes, they are off to a good start. With Tradable Citizenships, they could become top of the pops. Being Irish, they'd probably muck it up and they would not be real ones. They'd try to get the money without actually offering the real deal. But hope springs eternal. Maybe they would actually do it right. People are not doomed to always do what their ancestors did. Young people often do things differently from their parents.

I'd buy one [at a reasonable price]. I could use a spare citizenship or two so that when NZ goes belly up and turns to civil war as an economic opportunity, or China takes over, I can escape.

Mqurice



To: elmatador who wrote (68692)11/27/2010 4:28:01 AM
From: elmatador  Respond to of 217737
 
Tax War. Higher taxes discourage the "animal spirits" of entrepreneurship. When tax rates are raised, taxpayers are encouraged to shift, hide and underreport income. Taxpayers divert their effort from pro-growth productive investments to seeking tax shelters, tax havens and tax exempt investments. This behavior tends to dampen economic growth and job creation.

online.wsj.com

Those $165 billion invested in Ireland proves Hauser is right.