Re:America has become too anti-innovation
by jp555 on Thursday May 11, 2017 @09:07AM
(#14315679)
They paid an average of ~25% tax last year.
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I'd like to know more about this since the global companies I have been involved with are all sneakily hiding profits offshore, hiding them from US and UK taxes. They can't re-patriate that money, either, so innovation has slowed. This is one reason why Trump proposed a sort of tax amnesty to get that money back on shore.
Re:America has become too anti-innovation
by RugnirViking on Thursday May 11, 2017 @09:23AM
(#14315792)
Where?
Re:America has become too anti-innovation
by AlphaSite on Thursday May 11, 2017 @09:33AM
(#14315845)
In the countries where the products were sold?
Imagine you pay income tax in your residence country, making web software for global clients. If you sell your product in another country, should you have to also pay income taxes in that country or just the VAT tax for the sale?