Companies moving to Switzerland

kuntrykruzin1 · #1 03-12-2009, 10:09 AM

http://www.reuters.com/article/rbssE...rgyNews&rpc=22

ZUG, Switzerland, March 12 (Reuters) - The tidy towns and mountain vistas of Switzerland are an unlikely setting for an oil boom.
Yet a wave of energy companies has in the last few months announced plans to move to Switzerland -- mainly for its appeal as a low-tax corporate domicile that looks relatively likely to stay out of reach of Barack Obama's tax-seeking administration.

yeah i dont think we will survive our new prez

onlyme · #2 03-12-2009, 11:07 AM

Tax evaders...I'd like to check their records

aaron · #3 03-12-2009, 01:13 PM

We can survive this easily. Just put a bigger tariff on oil coming in.

Fish-Bait · #4 03-12-2009, 01:15 PM

Obama's fault.

#5 03-12-2009, 06:46 PM

Most of these companies are not the producers they are the drillers. Transocean has more rigs working overseas than in US waters. I think it was a great move, especially since we don't have to pay social security and fica anymore. We can take that money and put it in IRA's and then we don't have to support the people who chose not to work.