General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsWhile Companies Shift Addresses to Tax Havens, CEO's Stay Put
Dozens of large, publicly traded companies with American roots, and American executives, are actually incorporated in tax havens abroad. Most of them got the offshore address long after they started in business. Shifting an existing company's domicile out of the country is known as "inversion."
Still Here, Just Without the Tax Bills
Dots on the map locate a company's executive office in the U.S. and are
shaded to indicate the country where the company chose to incorporate.
http://www.bloomberg.com/infographics/2014-05-04/companies-shift-addresses-abroad.html
blkmusclmachine
(16,149 posts)postulater
(5,075 posts)They only exist as resources to exploit and markets to profit from.
Oh, and to keep us occupied with fighting amongst ourselves while the multinationals profit.
Snarkoleptic
(6,223 posts)Taking advantage of all that the US has to offer but slinking away from their obligations.