Dubai has no corporate or income taxes.  It's also a hell of a lot
closer to Iraq :)

I hate it, but in the current business environment in the US I can't
blame them.  It will be interesting to see if this impacts it's military
contracts though.

 

> -----Original Message-----
> From: So Kenfused [mailto:[EMAIL PROTECTED] 
> Sent: Tuesday, March 13, 2007 12:19 PM
> To: CF-Community
> Subject: Haliburton Moving to Dubai, wtf?
> 
> I find this very interesting.
> 
> Why would a Texas based company move their headquarters  to Dubai?
> 
> Does that move them beyond the long arm of the law? Why would 
> it matter? 
> What are the tax ramifications of billing the US government 
> billions of dollars that are paid to a business based in 
> Dubai rather than in the USA?
> 
> It just seems odd to me.  I can see opening an office in the 
> middle East to handle your middle east business but why move 
> your headquarters there? And why now?
> 
> 

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