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Skippy25

join:2000-09-13
Hazelwood, MO

reply to morbo

Re: Towns have gotten greedy

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.


morbo
Complete 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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