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On Apr 25, 7:39*pm, Bob Fry wrote:
Can't answer the question? You seem highly opinionated about something you know nothing about. The location of an organization does not affect the taxes owed on US income. However, I'm sure as hell not going to be stupid enough to take the money my company earns in Asia and route it through a US head quarters. I could never compete if I'm paying double the taxes other companies in that area of the world are. And besides, what right does the US gov't have to money earned (and spent) outside the US. I have employees all over the planet and we have income all over the planet, the US gov't has nothing to do with much of it. Even companies you *think* are US based have offshore operations to hold their non-US earned income. No one is stupid enough (or could compete) if they had to pay US taxes on saleries they paid to South American employees. -Robert |
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If you direct their work or they are using tools, technology or knowledge
developed in the US then they are a US company and the fact that they perform the work outside the US does not stop the income from being attributed to a US based company. Now weather or not the US Government has a right to tax it is another story. "Robert M. Gary" wrote in message ... On Apr 25, 7:39 pm, Bob Fry wrote: Can't answer the question? You seem highly opinionated about something you know nothing about. The location of an organization does not affect the taxes owed on US income. However, I'm sure as hell not going to be stupid enough to take the money my company earns in Asia and route it through a US head quarters. I could never compete if I'm paying double the taxes other companies in that area of the world are. And besides, what right does the US gov't have to money earned (and spent) outside the US. I have employees all over the planet and we have income all over the planet, the US gov't has nothing to do with much of it. Even companies you *think* are US based have offshore operations to hold their non-US earned income. No one is stupid enough (or could compete) if they had to pay US taxes on saleries they paid to South American employees. -Robert |
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