Re: Zug featured on national CBS TV in the US
For the Americans, watch this. It's very interesting.
It's basically saying that all over the world, countries have reduced taxes to attract companies. The US have kept their taxes high and are about to have the highest taxes in the world. International companies refuse to come back to the States until taxes have been lowered. The Obama administration refuses to lower taxes. And so the international companies are staying away, using Zug and Ireland as their tax haven.
Interesting reporting. Thanks for posting.
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