What countries have special low tax rates for profits from venture capital of foreigners?

[Boojatta]

People around the world complain about foreigners "taking over" or "buying up our businesses." However, I wonder whether people recognize exceptions to that sentiment. For example, it would seem odd for people to complain that "foreigners are helping our people start businesses."

However, perhaps either people don't recognize the exceptions or their recognition of the exceptions doesn't translate into policy.

Note: by "special low tax rates" I mean rates that are lower than the tax rates for profits by foreigners from investments that are not venture capital investments and/or lower than the tax rates for profits from venture capital of people who are not foreigners.

[Vincardog]

1. I have not noticed any new jobs created by Indian IT companies in the US for US citizens.

[Boojatta]

2. What's the point of that one example of something you haven't noticed?

[Vincardog]

3. Seen any Chinese companies opening cloths factories in the US?

Any Japanese:
electronics manufacturing
or auto manufacturing
in the US?

Why don't you show me 3 industries foreign capital have opened in the US?

How about 1 industry?

Sex slavery and drugs do not count BFEE money

[Boojatta]

4. When you refer to "Japanese" auto manufacturing in America...

do you mean to refer to American companies that were established using some investments from Japanese investors?

Also, are you suggesting that there are too few such companies because tax laws provide no incentive to help overcome the various natural barriers that foreign investors face?
Some examples of natural barriers:
differences in time zone (which may reduce the number of hours available for communication when both or all parties are awake),
differences in language, cost of travel, cost of currency transactions, risk of changes in relative values of currencies that could be detrimental to the investment, time and effort required to learn about unfamiliar aspects of law and culture outside of the investor's home country.

Also, what comments do you have on tax law in various jurisdictions outside America where American venture capitalists might be interested in playing a role in the formation of new companies that currently do not exist?

I suspect that you have heard of micro-loans. Now, if micro-loans are a good idea, then perhaps equity is an idea that is just as good if not better. There are certainly people around the world who have religious objections to loans whenever interest payments are involved.

[Vincardog]

6. You ask "What's the point of that one example of something" and I give you examples of three

industries dead or dieing in this country and ask for one example of your position helping any industry.

Then you go to yammer on about micro-loans. What is your point?

[Boojatta]

7. "ask for one example of your position helping any industry"

Are you suggesting that America has special low tax rates for profits from venture capital of foreigners and that this special low tax rate either caused the economic problems you mentioned or failed to provide a promised or anticipated remedy to those economic problems?

What is your point?

What part of this thread is unclear?

[Vincardog]

8. OK i get it you think you are a shrink and you only ASK questions. nwmt

[dixiegrrrrl]

9. OK...check this out

1. Chinese guy building steel can making company in NC...

Was in the news a few weeks ago, I read so much stuff I can't always recall where it came from.
Me and Mr. had a conversation about it, tho. Seems the guy was sooo happy that he could buy land sooo cheap in NC, that building over here was less expensive than producing in China for him.


2. German Thyssenkrup building steel plant just north of Mobile, Al.
The steel will be made in Europe, shipped ehre, and stuff from steel made in the plant here.

3. Nissan, Toyota and Honda all build cars in U.S.

4. July 12, 2006 MG Motors North America announced that it will revive the historic British MG brand in Oklahoma is certainly encouraging news. The new company, which is part of the Nanjing Automobile Group of China, will place its headquarters in Oklahoma City, its auto assembly and distribution in Ardmore, Okla., and its research and development at the University of Oklahoma in Norman. About 500 jobs -- 325 at the assembly plant, 150 at the headquarters and 35 in R&D -- are expected to be created.
http://www.sb-d.com/issues/Summer2006/aroundthesouth/index.asp

5. To date, Toyota (San Antonio), Kia (West Point, Ga.) and now Nanjing (Ardmore, Okla.) have announced significant assembly operations in the South.

6. Maxforma Plastics, a subsidiary of South Korea-based Hanwha L&C Corp., built a $14 million parts plant in Opelika, Al..

7,The airbus will be built in Mobile, ( after the Boeing contract complaints is settled )
The plane a product of EADS, a European aerospace concern. Based in Toulouse, France and with significant activity across Europe, the company produces around half of the world's jet airliners.

Need more????????


try google, which is where I got all this info.

[A HERETIC I AM]

10. There are several other foreign car companies that have plants in the US

BMW, Mercedes Benz and Subaru. Mazda's are also built here, but they are made under a joint assembly agreement with Ford.

Heavy trucks badged "Volvo" are built in the USA also.

[muriel_volestrangler]

5. While not quite what you have in mind, the UK has the 'non-domiciled' status

in which a non-UK citizen can live here permanently, have income from other countries, but doesn't have to pay any UK tax on it. In contrast, a UK citizen who lives here has to pay UK income tax on all their income, wherever it's generated. This is somewhat controversial, and the current proposal is to charge a fee of £30,000 to have this status (which will be worth if for those earning more than about £80,000 from foreign income).

Today, however, the rule has been taken over by some of the wealthiest people in the country who can claim to be linked to some other domicile and who thus are allowed to escape UK tax on all of their income and capital gains in all of the rest of the world, providing they do not bring the money into the country.
...
Today, the UK accepts non-domicile status for Greek shipping magnates, Saudi princes, American corporate heirs, Mohamed Al Fayed, the controversial owner of Harrods, Lakshmi Mittal, the Indian steel magnate and an assortment of foreign business executives.

Apart from the Irish Republic, which inherited the rule, we can find no other country in the world which allows any of its residents to claim that their real home is elsewhere. The United States says it does not matter where you were born, if you qualify as a resident of the US, you must pay US tax on all your income and capital gains all over the world.

The Australians, the French and the Danes do the same if you spend more than six months of a year there. The Canadians and the Spanish do it if you spend 183 days of a year there. The Germans and Belgians and Greeks do it if your "customary place of abode" is there. The Japanese have a version of the UK domicile rule but only if you stay there for fewer than five years.

http://www.guardian.co.uk/uk/2002/apr/11/politics.economy1

These people (typically, multi-millionaires) are throwing up their hands in horror at having to pay UK tax like other UK residents, and claim they may leave the country, and further that this will mean they won't invest in the UK as they do now. Here's a typical whinge. So there is an aspect of "give us favourable tax treatment, or we won't invest in your country".