My Comments: Interesting quick read. MSFT isn’t the only company analyzing their tax status. I know it sounds good to “close tax loops” and many should, but sometimes it just doesn’t make sense. Honestly, at times I don’t no where the line is either.
“Microsoft Corp. Chief Executive Officer Steven Ballmer said the world’s largest software company would move some employees offshore if Congress enacts President Barack Obama’s plans to impose higher taxes on U.S. companies’ foreign profits.
“It makes U.S. jobs more expensive,” Ballmer said in an interview. “We’re better off taking lots of people and moving them out of the U.S. as opposed to keeping them inside the U.S.”