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| | |-+  The impact of US companies on trade		 « previous next »
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Author Topic: The impact of US companies on trade  (Read 214 times)
phk
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« on: December 10, 2010, 02:48:34 pm »
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In 2009 40% of U.S. imports and exports was ‘related-party trade’ –”trade by U.S. companies with their subsidiaries abroad as well as trade by U.S. subsidiaries of foreign companies with their parent companies.” That means companies are effectively trading with themselves, so they can choose which side of the transaction books the profits.

http://innovationandgrowth.wordpress.com/2010/12/10/needed-a-global-compatible-tax-system/
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