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Intel Ireland Pushes On With 14 nm

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rich.pell
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Re: 14nm in Ireland: when and why?
rich.pell   8/1/2013 3:01:09 PM
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"...the only US companies who pay the 35% rate are the smaller ones who don't have international holdings."

True enough, and most of them likely don't pay anywhere close to the full 35% given all the loopholes and tax breaks that are currently built into the absurdly byzantine U.S. tax system.  But one of the reasons the multinational corporations are able to pay effectively less in taxes - apart from the aforementioned loopholes - is because of being able to shift profits offshore etc.  Thus the arguments for simplifying the U.S. tax system and lowering the tax rate to bring back profits to the U.S.

Max The Magnificent
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Re: 14nm in Ireland: when and why?
Max The Magnificent   8/1/2013 3:18:11 PM
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@Rich: ...given all the loopholes and tax breaks that are currently built into the absurdly byzantine U.S. tax system...

I agree -- it makes one want to cry -- there are so many special interests out there -- I honestly feel that it woudl be so much better all round to have a handful of rules to cover all cases, and for evertone to be treated the same. Get rid of all the lobbyists and get rid of all the shady under-the-table dealings...

 

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