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Fred's Boys Let Him Down
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<blockquote data-quote="The Mayor" data-source="post: 865226" data-attributes="member: 21132"><p>Dano, with all due respect....This is possibly the most ignorant comment I have ever read on here. Do you honestly mean to tell me that you favor a person or company NOT paying taxes just because they do business abroad? That is effing ridiculous! Each and every company in business today, depending on national origin, pays taxes for operating in their own country, as well as abroad (even if it is practically nothing because of the Bush tax incentives here in the U.S.) but that's beside the point. </p><p>I will give you a personal example so you can see my point. When we (Express) began operations in Korea, I, along with several other people volunteered to go back there and help show the Korean nationals how to do the job. I was chosen (asked to go) because I and a few others had previously been in the military before joining the company and been to Korea previously. Anyways, bottom line was that while we were over there, we were getting paid in AMERICAN funds, with AMERICAN taxes being taken out, not Korean Won. Even though I was there for two months, I still had to pay taxes on the money I earned there and filed my tax return with the earnings I earned while overseas. It was not exempt. </p><p></p><p>Another point that I believe you fail to see is that if a business decides to move abroad to another nation, they must not only conform to the applicable laws of the governing nation, but must also compromise on tax codes for the cost of doing business there as well. Everybody wants their money. The government wants to make some for allowing the business to operate there, and the company obviously wants to make money because it believes it can make a profit there from the service they provide. Some nations even have businesses put up a large down payment for licensing fees, and the ability just to do business there.</p></blockquote><p></p>
[QUOTE="The Mayor, post: 865226, member: 21132"] Dano, with all due respect....This is possibly the most ignorant comment I have ever read on here. Do you honestly mean to tell me that you favor a person or company NOT paying taxes just because they do business abroad? That is effing ridiculous! Each and every company in business today, depending on national origin, pays taxes for operating in their own country, as well as abroad (even if it is practically nothing because of the Bush tax incentives here in the U.S.) but that's beside the point. I will give you a personal example so you can see my point. When we (Express) began operations in Korea, I, along with several other people volunteered to go back there and help show the Korean nationals how to do the job. I was chosen (asked to go) because I and a few others had previously been in the military before joining the company and been to Korea previously. Anyways, bottom line was that while we were over there, we were getting paid in AMERICAN funds, with AMERICAN taxes being taken out, not Korean Won. Even though I was there for two months, I still had to pay taxes on the money I earned there and filed my tax return with the earnings I earned while overseas. It was not exempt. Another point that I believe you fail to see is that if a business decides to move abroad to another nation, they must not only conform to the applicable laws of the governing nation, but must also compromise on tax codes for the cost of doing business there as well. Everybody wants their money. The government wants to make some for allowing the business to operate there, and the company obviously wants to make money because it believes it can make a profit there from the service they provide. Some nations even have businesses put up a large down payment for licensing fees, and the ability just to do business there. [/QUOTE]
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