Posted on May 24, 2009 by admin
birdie asked: Most “US” corporations are not even US anymore. If they avoid US taxes shouldn’t they be “kicked to the curb” when it comes to US government contracts? Let the chips fall where they may. if they do not support America – Why should we support them? I really would like to hear from [...]
Continue ReadingPosted on February 25, 2009 by admin
Brian J asked: Follow my logic Company A – Makes a widget for $5 and sells it for $10 = $5 profit If Company A has a $1 tax then it must sell its widget for $11 to maintain profit levels. Therefore, the people who really pay corporate taxes are the consumers? So following that [...]
Continue ReadingPosted on January 25, 2009 by admin
liam c asked: Is it true that US corporations declare their profits in Ireland to avoid paying higher tax in the US, and is it true that the US govt. would like to see Ireland raise corporation tax rates?
Continue ReadingPosted on January 23, 2009 by admin
ifoyo asked: Since corporations simply pass the tax on to the consumers as higher prices for their product, How does that help the country? It is actually a disguised tax INCREASE. Obama’s PLAN.
Continue ReadingPosted on December 28, 2008 by admin
♡♪sing♪♡ asked: Ive heard that Obama is planning on making a high tax for those corporations who like to outsource (*COUGH*FRIGGIN SALLIE MAE *COUGH*). Is this true? If not, do you think it should be, cause God knows I do! JEEBUS! DX
Continue ReadingPosted on October 9, 2008 by admin
supercop13x asked: In college I learned that businesses considered all expenses (i.e. wages, energy, rent, etc.) when determining how to price their products. I assumed taxes would also be considered, but most people I talk to seem to consider corporate taxes as taxes on “the rich”. However, if corporations include tax expenses in the price [...]
Continue ReadingPosted on September 15, 2008 by admin
naturalway42 asked: A corporation makes $250K / year. Its expenses are $50K. => Net profit of 250 – 50 = $200K. The corporation intends to buy real estate in future and needs to save money so if the corporation buys shares of other corporations (like yahoo, google, walmart) for $200K. Does that mean the corporation [...]
Continue ReadingPosted on August 26, 2008 by admin
Carlos G asked: I know for personal income tax i have to pay tax on any icome earned overseas but do the same rules apply to corporations.
Continue Reading
