A Tax Saving Move

Aug. 13, 2013
It seems a growing number of US firms are taking over European businesses and then relocating to Europe. The reason? Hundreds of millions of dollars.

Washington does not seem to understand that businesses, both large and small, can now look at global opportunities.  Take taxes as an example.  The US has the highest corporate tax rate, a full sixteen percentage points higher than the global average.  American businesses can relocate their headquarters to other parts of the world and take advantage of significantly lower tax rates.  Hundreds of millions of dollars in tax revenue are at stake.  Washington would do well to consider business as a partner, and not as a cash cow.

About the Author

Alan Beaulieu Blog | President

One of the country’s most informed economists, Alan Beaulieu is a principal of the ITR Economics where he serves as President. ITR predicts future economic trends with 94.7% accuracy rate and 60 years of correct calls. In his keynotes, Alan delivers clear, comprehensive action plans and tools for capitalizing on business cycle fluctuations and outperforming your competition--whether the economy is moving up, down, or in a recession.

Since 1990, he has been consulting with companies throughout the US, Europe, and Asia on how to forecast, plan, and increase their profits based on business cycle trend analysis. Alan is also the Senior Economic Advisor to NAW, Contributing Editor for INDUSTRYWEEK, and the Chief Economist for HARDI.

Alan is co-author, along with his brother Brian, of the book MAKE YOUR MOVE, and has written numerous articles on economic analysis. He makes up to 150 appearances each year, and his keynotes and seminars have helped thousands of business owners and executives capitalize on emerging trends. 

Prior to joining ITR Economics, Alan was a principal in a steel fabrication company and also in a software development company.

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