How many employees do you think they have in Iraq? I wonder how many they will have based out of Dubai working in Iraq and elsewhere in the Middle East. Would it possibly be enough to change their tax status.
Toyota is a Japanese company. However, they have 8 or so manufacturing plants in the USA. How does that work out for taxes? Do they have to pay US taxes on their production here, how does that affect their tax liability in Japan? If Haliburton starts running its contracts through their office in Dubai rather than here in the US will they be able to avert paying some of their taxes in the USA? Are they safer from US prosecutors if someone was to find a reason to attempt legal action against them? William Bowen wrote: >> There is no taxes in Dubai... They don't even tax employees... When you're a >> CEO every little bit helps! >> > > actually, according to what I heard on NPR yesterday, simply HQ'ing a > US Company in Dubai will not change the status of the company > tax-wise. first, they're still incorporated in Delaware (this > according to their own lawyer) and what's more, accroding to the tax > attorney interviewed, their tax status wouldn't change without a > significant shift of employees (something on order of 10%). > > Most likely it is a move to shore up their image as a global company, > in the wake of (go figure) poor worldwide outlook on US companies that > are not positioned as global, especially in the middle east. > > Halliburton is after the oil money, plain and simple. shifting > corporate offices puts them in a better position to attain contracts, > but it does not afford them tax exempt status (at least, not in the > US). > > ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~| ColdFusion MX7 and Flex 2 Build sales & marketing dashboard RIAâs for your business. Upgrade nowhttp://www.adobe.com/products/coldfusion/flex2?sdid=RVJT Archive: http://www.houseoffusion.com/groups/CF-Community/message.cfm/messageid:230009 Subscription: http://www.houseoffusion.com/groups/CF-Community/subscribe.cfm Unsubscribe: http://www.houseoffusion.com/cf_lists/unsubscribe.cfm?user=11502.10531.5
