The United States out of the new regulations to plug loopholes apple and other multinational compani winbook

The new regulations for plugging loopholes of apple and other multinational companies headache U.S. stock market center: exclusive national industry sector stocks, premarket after hours, ETF, real-time quotes warrants to view the latest market Sina stocks 16 PM Beijing time, according to Reuters on Thursday the United States began to implement the provisions of apple (AAPL) and other multinational companies in the United States want to use tax loopholes will face new restrictions. Current governments are also trying to improve the corporate tax base. Soon after the EU recently ordered to pay Apple billions of dollars after taxes, the U.S. Treasury Department announced the strengthening of restrictions against the use of overseas enterprises preferential tax reduction to the United States tax practices. "We are filling up another tax loophole that erodes our tax base," said Mark, assistant Treasury Secretary for tax policy, Mazur. For multinational tax dispute escalating in August 30th, the European Commission on the same day to pay up to Ireland asked Apple 13 billion euros of tax, low tax Ireland through identified agreement to provide appropriate subsidies to apple. U.S. Treasury Secretary Jacob – Lu expressed concern that the EU ruling may harm the U.S. tax base. Analysts questioned whether Apple could reduce taxes in the United States because it claims to enjoy overseas tax benefits in ireland. Under normal circumstances, U.S. companies may apply for tax relief in accordance with the value of the income tax paid abroad, and deducted from the u.s.. The United States will not on overseas profits tax, unless the profit was remitted to the United states. The new regulations will prevent the company from those taxes bill "separate tax returns (splitting)" strategy; the strategy of the company will be foreign tax breaks into the United States, without overseas remittance income. Apple did not comment on the Treasury’s tax notice. The technology giant is not the only company to be targeted by the EU national subsidy investigation. Starbucks (SBUX) was ordered to pay up to 30 million euros in taxes to the government of Holland; AMZN and MCD are also being investigated by the EU authorities. The new rules could exacerbate tensions between companies in the US and Europe, as well as a strategy to reduce the impact of the EU’s increasingly aggressive tax efforts. The tax notice explicitly referred to the European Union’s national subsidy survey, calling it a risk for U.S. tax revenues. For the notice whether Apple will directly affect the problems, the Ministry of finance did not comment, but a spokesman said, this Notice applies to all requests by foreign governments to make up the company, including those that have hit the case of state subsidies. Editor: Li Li SF053相关的主题文章: