Re:Tim Hortons agrees to Burger King offer for $94 a share
by Alupis on Tuesday August 26, 2014 @12:05PM
(#8227880)
There are a lot of things that can be done without a so-called "race to the bottom".
- Why does it require a team of lawyers and tax experts just to haphazardly understand the tax law well enough to submit a corporate filing?
- Why does America have the highest corporate tax rate in the world? (besting the next highest country by 4%)[1]
- Why do we double tax corporations that earn revenue off-shore? (they pay taxes in the country they earned the revenue in -- then we tax them again if they bring that money back into the country -- effectively encouraging corporate like Apple to keep billions of USD offshore)
- Why does it require a team of lawyers and tax experts just to haphazardly understand the tax law well enough to submit a corporate filing?
- Why does America have the highest corporate tax rate in the world? (besting the next highest country by 4%)[1]
- Why do we double tax corporations that earn revenue off-shore? (they pay taxes in the country they earned the revenue in -- then we tax them again if they bring that money back into the country -- effectively encouraging corporate like Apple to keep billions of USD offshore)
The list goes on ...
[1] - http://www.kpmg.com/global/en/services/tax/tax-tools-and-res...