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DU Home » Latest Threads » Forums & Groups » Main » Latest Breaking News (Forum) » Google Revenues Sheltered... » Reply #11

Response to cosmicone (Reply #7)

Mon Dec 10, 2012, 03:42 PM

11. Actually the number is

only 1.4 or 1.6 trillion. Read it recently but can't remember where. But it is in the single T digits.

I'm not going to flame you but I don't agree with you. If they're flagged here, they need to pay a tax on foreign income. Plain and simple. But this issue transcends US tax code IMO. I think some form of a global compact is needed. Without one, there will always be a Bermuda or Ireland. And there's an even uglier side to all of this. If the MNC's don't follow the latest in tax evasion strategies, then they're risking a shareholders lawsuit.

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Catherina Dec 2012 OP
BlueManFan Dec 2012 #1
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dballance Dec 2012 #4
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olddad56 Dec 2012 #6
femrap Dec 2012 #14
cosmicone Dec 2012 #7
Hassin Bin Sober Dec 2012 #9
LineLineNew Reply Actually the number is
CabalPowered Dec 2012 #11
closeupready Dec 2012 #12
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lexw Dec 2012 #8
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