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Non-Tech : Kirk's Market Thoughts -- Ignore unavailable to you. Want to Upgrade?

To: Kirk © who wrote (1585)	7/3/2014 12:12:00 PM
From: robert b furman	Respond to of 26731

LMAO, Thanks - I think. Bob

To: Kirk © who wrote (1585)	7/6/2014 3:32:22 PM
From: Gottfried	2 Recommendations Recommended By Investor Clouseau Jerome Read Replies (3) \| Respond to of 26731

When Taxes and Profits Are Oceans Apart JULY 5, 2014 nyti.ms excerpt: Microsoft, for example, with $76.4 billion in foreign earnings, said that if it had brought those earnings home in 2013, they would have generated a tax bill of $24.4 billion. That represents a 32 percent tax rate. Apple also tells investors what it would owe if it were to bring offshore profits home. It has amassed $54.4 billion in these earnings, according to its filings, and though it has no plans to repatriate the money, it said such a move would cost it $18.4 billion. That reflects a 33.8 percent rate. Citigroup, with $43.8 billion in offshore earnings and a highly complex corporate structure, told investors that it would have had to pay $11.7 billion in additional taxes on those earnings in 2013, a 26.7 percent rate. the article calls for disclosure of potential tax liability, like the 3 companies above are doing