Re:I Charged $18k for a Static HTML Page
by aprdm on Wednesday May 15, 2019 @02:25PM
(#19922263)
If you can "invest" the 1K into something that you don't get taxed, and, can give you some return then it is a win.
I remember being mentioned that the whole reason General Electrics bought a division of Alstom was to not bring the money back to US and get taxed, let's say it was 1 billion dollars and 50% tax.
Instead of getting net 500 million back to US they can keep that money abroad and invest 1 billion in another company that can net more than 500 million in the long term.
Above is likely the way of thinking for those sort of occasions.
I remember being mentioned that the whole reason General Electrics bought a division of Alstom was to not bring the money back to US and get taxed, let's say it was 1 billion dollars and 50% tax.
Instead of getting net 500 million back to US they can keep that money abroad and invest 1 billion in another company that can net more than 500 million in the long term.
Above is likely the way of thinking for those sort of occasions.