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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: Wayners who wrote (779644)	4/13/2014 3:38:10 PM
From: J_F_Shepard	Read Replies (1) \| Respond to of 1571592

Well if individuals have to pay taxes for being offshore on their income and they can't keep it parked offshore, then corporations should have to do the exact same thing and vice versa. There's nothing wrong in putting it off shore if the taxes are paid on those dollars earned stateside.....then if that money is invested in stateside businesses that generates income for them, that to should be taxed by the US. I would think that if after the taxes on money earned here are paid, there would be no problem with them investing outside the country... Corporations are blatant about it, ie opening an office in eg Bermuda and declaring that assets of the company are owned by the Bermuda branch. I understand IBM transferred ownership of it's intellectual property to its Bermuda office...since nothing is manufactured or produced there, merely opening an office with a telephone and a computer qualifies...