Quote:
Originally Posted by MTAtech
They aren't leaving for better places to do business. They are redomiciling -- just changing legal status. Nothing substantive is changing.
I don't fault the company for doing this. I fault U.S. law for allowing it. They should be taxed regardless of where the home office is said to be.
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I agree when I lived in Australia and Canada I was subject to US taxation, including income earned outside the US.. same rule for corporations.