Sentences with phrase «stop taxing those profits»

But the US might not stop taxing those profits just because the UK also taxes them.

Not exact matches

Or we can stop trying to tax foreign profits, which will encourage firms to turn their domestic profits into «foreign profits»; that will let some companies escape tax on truly domestic activity, and put firms that operate only in the United States (and therefore can't hide their profits abroad) at a competitive disadvantage with multinationals.

The simple fact is that the NYC OTB is unable to produce a profit and it is time to stop supporting it with the taxes taken from hard working men and women who have other needs for their own money.»

It wouldn't have been worth his while doing the 35 % option anyway, as by the time the IRS stopped the US tax rate and then the Channel Islands (here) taxed him on the bit he received afterwards, there would have been very little left to call profit.

The reason for asking is that, once we may start out with an idea that we need to harmonize everything, stop profits being moved around, and everyone should pay their fair share of tax, we are going to come back to all of the world's nations competing over that money.