Except the article itself is dishonest spin. As far as I am aware, corporations are not charged any taxes on profit in overseas subsidiaries until they are repatriated. So the 5% tax is greater than the 0% tax that they would have received on many sums if they did not have the tax holiday.
Pretty clear (breathless) partisan spin here. Low information, low quality, and I can't believe stuff like this isn't killed anymore.
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[ 4.0 ms ] story [ 23.6 ms ] threadI found it interesting, so submitted. shrug
Pretty clear (breathless) partisan spin here. Low information, low quality, and I can't believe stuff like this isn't killed anymore.