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All business outside the United States. There are some provisions like the r d credit and the production deduction that are part of u. S. Tax law. You would then add some back in for state and local taxes. At the end you come up to 29 . I just am curious why it is that you would pay even with the overseas profits, you would still pay a higher effective tax rate than motion other corporations. We do think that is significant, especially considering 65 of our business is or more than 65 is outside of the United States. When and how often since 1999 has the Internal Revenue service cadetted caterpillar. We are under continual examination, the irs literally sits outside my office in that time frame we have closed 99, two 2001, 2002, 2003, 2004, five what havent you closed, what year . The 2007 and later years are still under exam. Theyre still under examination. Uhhuh. You are under constant auditing from the irs. Yes, we are. And they have not claimed you were in violation of irs regulati

United statesTown hallSteven gosselinSteven larsonSteven ryanBarbara hodelDodd frankTax rateInternal revenueInternal revenue serviceRevenue serviceOffice timeOffice time frameTime frameLater yearsPanel first