Sentence examples for foreign profit from inspiring English sources

Companies didn't need to expand real sales to enjoy foreign profit growth.

When a company becomes foreign through a merger, or "inverts", it no longer owes American tax on its foreign profit.

(Reuters PepsiCoo Taking Advantage of Tax Holiday PepsiCo plans to return as much as $7.5 billion in foreign profit to the United States to take advantage of a one-year tax holiday.

The industry giant Pfizer, for example, which has said that 88 percent of its $56 billion in income from 2004 through 2008 originated overseas, could be subject to the corporate 35 percent tax rate on at least some of its foreign profit in the future if the president's proposal goes through.

Roger Clark, air and energy director at the Grand Canyon Trust, said the post-gold rush General Mining Act of 1872 allowed the exploitation of public land to provide energy security in other countries and for foreign profit, while providing very little economic benefit to the US economy.

A significant portion of this big pile of cash is unrepatriated foreign earnings as the U.S. taxes foreign profit just like domestic profit.

He also called for a minimum tax on foreign profits.

"Foreign profits" are not taxed until they are brought home.

Currently, companies with overseas operations can park their foreign profits offshore indefinitely and tax free.

Republicans in Congress oppose President Obama's proposal and support the tax holiday for foreign profits.

Thereafter, taxes on foreign profits would have to be paid immediately.