| reply to DonLibes
Re: Towns have gotten greedy If anything they should be cutting taxes for all individuals and corporations. High taxes hurt the economy and whenever politicians talk about taxing corporations, they're always talking about using the corporations to collect their taxes, at everyone's expense. |
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 morboComplete Your Transaction
join:2002-01-22
00000 | said by AnonymousRepublican :
If anything they should be cutting taxes for all individuals and corporations. cutting taxes for corporations? F that. those dirty bastards weasle their way out of paying the taxes they are suppose to be paying now with loopholes and such. then there are companies like horrible Accenture that base their company in the caribbean to avoid paying taxes to the u.s. government. ... then we give them millions in consulting contracts to tell companies to outsource work to india. ah, it's a mess. take home message: ACCENTURE BLOWS
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| reply to AnonymousRepublican
If anything they should be cutting taxes for all individuals and corporations. High taxes hurt the economy and whenever politicians talk about taxing corporations, they're always talking about using the corporations to collect their taxes, at everyone's expense.
Yeah,that's worked out really well,wouldn't you say?
Tax cuts to energy companies...record profits,are you nuts?
I guess if you call having the largest deficit in history as good for the economy,then your right  |
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phaqu
join:2005-05-26
Marietta, GA | Maybe its time for the fair tax proposition to start being considered. |
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| reply to morbo
If you do business in America, you pay taxes to America.
Just like if you live in Illinois and work in Missouri. You still pay taxes in MO even though you don't live there. |
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morboComplete Your Transaction
join:2002-01-22
00000 | Foreign consulting company Accenture (formerly part of the infamous Anderson Consulting) uses Bermuda as a tax haven. It's widely agreed that they being based out of Bermuda is strictly to dodge taxes. I believe I read they pay about $30-40,000 a year to the government there, while in the U.S. their bill would be much higher.
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| You are incorrect. Accenture is a partnership and the partners pay taxes on behalf of the company in the form of income taxes since all income from the company flows down through the partnership. Unless every person that is a partner of Accenture lives in Bermuda and never steps foot in the US then they are paying taxes on the company's behalf to the US just as BearingPoint or any other former accounting firm's consulting group is. |
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morboComplete Your Transaction
join:2002-01-22
00000
1 edit | You are incorrect.
Accenture is a public company (NYSE:ACN) that decided, for TAX AVOIDANCE reasons, to move to Bermuda. This is widely documented:
»www.washingtontechnology.com/new···7-1.html
»www.ioc.state.il.us/news/ViewNew···70837156
»www.usatoday.com/money/companies···ax_x.htm
and the GAO even noted it:
»www.gao.gov/new.items/d03194r.pdf
In October 2002, the Congressional General Accounting Office (GAO) identified Accenture as one of four publicly-traded federal contractors that were incorporated in a "tax haven" country. |
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