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It added that it had "substantial" foreign cash because it sells the majority of its products outside the US, and these foreign earnings were taxed in the jurisdictions where they were earned.
Ahold went into free fall at the end of February, when the board announced its U.S. unit would have to restate earnings, some of which were booked before they were earned.
Mr. Waldheim's services to him, whatever they were, earned a decoration from the Nazi puppet regime in Croatia.
Failing firms, such as now-bankrupt Kmart, Fleming, a food distributor, and now Ahold appear to have booked these payments before they were earned.
The G.N.P. figure is similar to the more widely known G.D.P. — gross domestic product — but it includes profits only of Irish citizens and companies, regardless of where they were earned instead of profits of companies operating in Ireland.
They want the United States to adopt what is called a territorial system, in which companies pay taxes on profits only in the country where they were earned, in line with the practice in many other nations.
Similar(47)
Perhaps most striking, they were earning more.
They were earning the most.
They were earning $5,000 more in 1996.
Another 30 claimed they were earning below €20,000.
Only 11 acknowledged that they were earning more than €100,000.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com