Breaking News
News & Analysis

Rebuilding America: Proposals emerge to fix 'dysfunctional' R&D tax credit

1/27/2012 04:45 PM EST
24 comments
NO RATINGS
More Related Links
View Comments: Newest First | Oldest First | Threaded View
<<   <   Page 3 / 3
Michael Rashkin
User Rank
Rookie
re: Rebuilding America: Proposals emerge to fix 'dysfunctional' R&D tax credit
Michael Rashkin   1/29/2012 3:39:57 AM
NO RATINGS
It means that IP that was developed in the US becomes owned in a tax haven so that the profits from such IP are not taxed in the US. This is why companies find it profitable to put jobs overseas even if there is no business reason to do so.

junko.yoshida
User Rank
Blogger
re: Rebuilding America: Proposals emerge to fix 'dysfunctional' R&D tax credit
junko.yoshida   1/28/2012 10:17:19 PM
NO RATINGS
I am really intrigued by Rashkin's comment. You write: Rashkin told Congress that the current structure encourages U.S. companies to “park the resulting intellectual property in tax havens.” What does that mean?

george.leopold
User Rank
Rookie
re: Rebuilding America: Proposals emerge to fix 'dysfunctional' R&D tax credit
george.leopold   1/27/2012 10:57:51 PM
NO RATINGS
eric988, you are referring to Sarbanes-Oxley reporting and accounting requirements?

eric988
User Rank
Rookie
re: Rebuilding America: Proposals emerge to fix 'dysfunctional' R&D tax credit
eric988   1/27/2012 5:50:49 PM
NO RATINGS
Sarbanes and Oxley pushes little businesses into the ground. Hatch supported this legislation- and people think he's business friendly

<<   <   Page 3 / 3
August Cartoon Caption Winner!
August Cartoon Caption Winner!
"All the King's horses and all the KIng's men gave up on Humpty, so they handed the problem off to Engineering."
5 comments
Top Comments of the Week
Like Us on Facebook

Datasheets.com Parts Search

185 million searchable parts
(please enter a part number or hit search to begin)
EE Times on Twitter
EE Times Twitter Feed
Flash Poll
Radio
LATEST ARCHIVED BROADCAST
David Patterson, known for his pioneering research that led to RAID, clusters and more, is part of a team at UC Berkeley that recently made its RISC-V processor architecture an open source hardware offering. We talk with Patterson and one of his colleagues behind the effort about the opportunities they see, what new kinds of designs they hope to enable and what it means for today’s commercial processor giants such as Intel, ARM and Imagination Technologies.