Sentences with phrase «worldwide effective tax»

Due to the large and expanding scale of our international business activities, any changes in the U.S. or foreign taxation of such activities may increase our worldwide effective tax rate and the amount of taxes we pay and seriously harm our business.

Due to changes in the U.S., Irish, and other foreign taxation of such activities, we will likely have to modify our international structure in the future, which will incur costs, may increase our worldwide effective tax rate, and may adversely affect our financial position and operating results.

The taxing authorities of the jurisdictions in which we operate may challenge our methodologies for valuing developed technology, intercompany arrangements, or transfer pricing, which could increase our worldwide effective tax rate and the amount of taxes we pay and seriously harm our business.

Not exact matches

The main reason that the Tax Cut and Jobs Act of 2017 (mostly effective January 1, 2018) provides 80 % of its benefit to non-U.S. persons is that it steps away from the «worldwide income» basis of taxation to a territorial one where income is taxed only where it is earned to a great extent, without changing the rules to determine where income is earned very much.