Edits to post #25276289 by SentForMe
Edited at 2014-10-28 01:28:22
Well, Burger King stock definitely jumped after the announcement, so it seems like the financial markets liked this. If I were to take a guess, I would bet this trend continues or even accelerates if the world economy takes a dive (as it looks like its ripe to do). Countries have been competing to attract large companies with low corporate tax burdens for decades now and it doesn't look like the trend is going to stop anytime soon.
Of course, I suppose all nations could agree on a collective corporate tax rate and thus decrease the benefit of their native companies deciding to pull of roots and leave. I can't imagine a scenario where this would happen though, at least not anytime soon.
Well, Burger King stock definitely jumped after the announcement, so it seems like the financial markets liked this. If I were to take a guess, I would bet this trend continues or even accelerates if the world economy takes a dive (as it looks like its ripe to do). Countries have been competing to attract large companies with low corporate tax burdens for decades now and it doesn't look like the trend is going to stop anytime soon.
Of course, I suppose all nations could agree on a collective corporate tax rate and thus decrease the benefit of their native companies deciding to pull of roots and leave. I can't imagine a scenario where this would happen though with the way things are now.
Edited at 2014-10-28 01:28:03
Well, Burger King stock definitely jumped after the announcement, so it seems like the financial markets liked this. If I were to take a guess, I would bet this trend continues or even accelerates if the world economy takes a dive (as it looks like its ripe to do). Countries have been competing to attract large companies with low corporate tax burdens for decades now and it doesn't look like the trend is going to stop anytime soon.
Of course, I suppose all nations could agree on a collective corporate tax rate and thus decrease the benefit of their native companies deciding to pull of roots and leave. I can't imagine a scenario where this would happen though.
Well, Burger King stock definitely jumped after the announcement, so it seems like the financial markets liked this. If I were to take a guess, I would bet this trend continues or even accelerates if the world economy takes a dive (as it looks like its ripe to do). Countries have been competing to attract large companies with low corporate tax burdens for decades now and it doesn't look like the trend is going to stop anytime soon.
Of course, I suppose all nations could agree on a collective corporate tax rate and thus decrease the benefit of their native companies deciding to pull of roots and leave. I can't imagine a scenario where this would happen though, at least not anytime soon.
