From the course: Finance Foundations: Income Taxes
Join today to access over 22,600 courses taught by industry experts or purchase this course individually.
Multinational corporate income tax issues
From the course: Finance Foundations: Income Taxes
Multinational corporate income tax issues
- Multinational corporations are able to move their profits around the world by placing their operations in countries where tax rates are low. Lowering their effective tax rates. Historically because the US federal tax rate of 35% was relatively high compared to the tax rates compared to the taxrates in other countries, in other countries, US based corporations entered into many innovative arrangements to reduce their income tax burden. Now with the US corporate tax rate dropping to 21% in 2018, these innovative arrangements may slowly fade away. But they're still an interesting illustration of how corporations strategically structure their operations in order to pay the lowest possible legal amount of income tax. Let's look at some examples. Technology companies are able to easily move their intellectual property their intellectual property to places where tax rates are low. For example, Apple has used a so called double Irish income tax structure double Irish income tax structure…
Practice while you learn with exercise files
Download the files the instructor uses to teach the course. Follow along and learn by watching, listening and practicing.
Download courses and learn on the go
Watch courses on your mobile device without an internet connection. Download courses using your iOS or Android LinkedIn Learning app.