🚀 go-pugleaf

On 3 Feb 2018 09:13:32 GMT, ma...@mail.com wrote:

>On 2018-02-03, J  Clarke <jclarke...@gmail.com> wrote:
>> On Fri, 2 Feb 2018 15:25:34 -0700, Peter Flass <peter...@yahoo.com>
>> wrote:
>>
>>>Andreas Kohlbach <a...@spamfence.net> wrote:
>>>> On Thu, 1 Feb 2018 17:07:51 -0800 (PST), hanc...@bbs.cpcn.com wrote:
>>>>> 
>>>>> On Wednesday, Xerox said that, after 115 years as an independent 
>>>>> business, it would combine operations with Fujifilm Holdings of 
>>>>> Japan. The deal signaled the end of a company that was once an 
>>>>> American corporate powerhouse. ?Xerox is the poster child for 
>>>>> monopoly technology businesses that cannot make the transition 
>>>>> to a new generation of technology,? said David B. Yoffie, a 
>>>>> professor at the Harvard Business School. The move offers a 
>>>>> stark reminder that no matter how high a company may fly, it 
>>>>> is still vulnerable to the next big breakthrough. Xerox joins 
>>>>> once formidable tech companies like Kodak and BlackBerry that 
>>>>> lost the innovation footrace.
>>>>> 
>>>>> full article at:
>>>>> https://www.nytimes.com/2018/01/31/business/dealbook/xerox-fujifilm.html
>>>> 
>>>> Sad. Many great US pioneers in computer technology were recently sold to
>>>> foreigners. Bell Labs became French (Alcatel-Lucent) in 2006, now Finnish
>>>> (Nokia). They're all finished. :-(
>>>> 
>>>> Other US companies went abroad recently (say last 30 years)?
>>>
>>>Honeywell -> Bull
>>
>> Honeywell sold their informations systems division to Bull.  Honeywell
>> however is now part of Allied Signal, which adopted the name and is
>> still a huge American company.
>>
>
>
>There have been examples of US copanies recently buying Irish
>companies and moving the company name to Ireland. I think the process is
>called 'reversing into'. The whole thing is a spurious tax exercise.

"Reverse inversion".  What's "spurious" about it?  US corporate taxes
were ludicrously high--they are less so now but still US companies are
taxed on foreign sales at a much higher level than non-US companies.