Trump is stupid enough to believe that redomiciliation to the US makes any difference to who controls the company.
All it means is the company become liable to US tax, and as we know all great US technology companies pay their tax.
Broadcom plans to bring forward its redomiciliation to the US to 3 April in a move that, of course, has nothing to do with Qualcomm's delayed stockholder meeting happening two days later. In an attempt to head off a potentially painful bit of probing by the Committee on Foreign Investment in the United States (CFIUS), the …
>>All it means is the company become liable to US tax
No that is an naive view - it means the company becomes liable to US law.
It brings the company under US jurisdiction legally and that matters.
What passes off as OK in Singapore won't be anymore. Taxation is just one of the areas affected.
Taxation just happens to be the one with publicity today but is really an issue with tax legislation.
Credit where due. Trump certainly understands the ramifications of this far better with his various companies.
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