Couple of possible snow showers thursday. Before that though, well nights near0 degree low temperatures. Stay safe on the roads today see graphics. Wx timer 40 a Sioux City Police officer was a Sioux City Police officer was injured early sunday morning after investigating reports of robberies and burgarlies in town. During the course of the investigation, officers located several individuals in the 2900 block of park aveune on sioux citys northside. Police havavt released much information but we do know that t a Sioux City Police officer was shot in the leg. Ktivs Michelle Schoening has more on this developing story. Mothershed also shot and wounded himself isaish mothershed was subsequently arreted and is currently in custody, said lt. Pat mccann, Sioux City Police. The department will continue to release further information as it becomes available. That was ktivs michelle this is the third Sioux City Police officer shot in as many years. Back in april of 2013, officer Kevin Mccormick
Pay the full rate. Using a technique called inversion they can reincorporate in another country and pay the there. The largest deal announced last year to combined u. S. Based Pharmaceutical Company fooizer with allergan and moving to the tax rate the 152 billion deal is still pending and they are not alone. It includes medtronices which moved to ireland. Even miamibased fast food giant burger king merged with tim hortons. When American Companies shift their legal headquarters abroad for a lower tax bill who wins and who loses . Walt wither isaacson is the ceo can of the aspen institute. Thank you for being with us today. Great to be with you, becky. Is this Good Business or i think we have to balance the question of whether a corporation is supposed to be focused only on the short term return to the shareholder or whether the corporation has other stakeholders, suppose to do things for its longterm advantage but also for people and communities where they live. We have always had that
Although with the deductions and loopholes few companies actually pay the full rate. Using a technique called inversion they can reincorporate in another country and pay the rate on the income it earns there. The largest deal announced last year to combined u. S. Based Pharmaceutical Company fooizer with allergan and moving to the tax rate the 152 billion deal is still pending and they are not alone. It includes medtronices which moved to ireland. Even miamibased fast food giant burger king merged with tim hortons. When American Companies shift their legal headquarters abroad for a lower tax bill who wins and who loses . Walt wither isaacson is the ceo can of the aspen institute. Thank you for being with us today. Is this Good Business or greed . I think we have to balance the question of whether a corporation is supposed to be focused only on the short term return to the shareholder or whether the corporation has other stakeholders, suppose to do things for its longterm advantage but
The u. S. Corporate tax rate is among the worlds highest, but in a move to lower tax bills, more and more u. S. Firms make merger deals with Foreign Companies and move from the United States to a country with a lower tax base. Its called a corporate inversion. Is that greed or Good Business . Thats our cover story this week. Wisconsin based wisconsin controls and tyco in ireland planned to merge with the company in ireland. While the deal is not only for tax reasons, the move is expected to save 150 million every year. They are part of a trend businesses moving overseas and lowering the tax bill in part because the taxes are 39 , but with deductions and loopholes, few pay that rate. Using inversion, they reincorporate in another country and pay that nations lower tax rate on the income earned there. The largest inversion deal was announced last year to combine pfizer and allergan to ireland with a tax rate of 12. 5 . They are not alone. Theres medtronic that moved to ireland, and burge
Controls and Tyco International announced a plan to merge with a Company Headquarters in ireland. They say it is not only for tax reasons the move is expected to save 150 million a year. They are part of a trend of businesses moving overseas and lowering their tax bill, in part because the u. S. Corporate income tax is 39 , among the highest in t`e world. Although with the deductions and loopholes few companies actually pay the full rate. Using a technique called inversion they can reincorporate in another country and pay the rate on the income it earns there. The largest deal announced last year to combined u. S. Based Pharmaceutical Company fooizer with allergan and movg to the tax rate the 152 billion deal is still pending and they are not alone. It includes medtronices which even miamiised fast food giant burger king merged with tim hortons. When American Companies shift their legal headquarters abroad for a lower tax bill whoins and who loses . Walt wither isaacson is the ceo can