Forgot your password?
typodupeerror

Comment Shifting profits (Score 3, Insightful) 96

Companies were doing this long before Microsoft was incorporated. Then they lobby for lower corporate taxes so they can bring the profits home, presumably to fund even bigger executive bonuses. Most companies that engage in international trade do this. They try to take their costs in the high tax countries and their profits in the low tax ones. They manipulate the costs in their internal books when the transfer items from country to country.

Slashdot Top Deals

"Pay no attention to the man behind the curtain." -- Karl, as he stepped behind the computer to reboot it, during a FAT

Working...