In Those Countries Where Income Taxes Are Lower Than In The United States, The Ability To Defer The Payment Of U.s. Tax By Retaining Income In The Subsidiary Companies Provides A Tax Advantage For Companies Operating Through Overseas Subsidiaries That Is Not Available To Companies Operating Solely In The United States. Many American Investors Properly Made Use Of This Deferral In The Conduct Of Their Foreign Investment.

-John F. Kennedy

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In Those Countries Where Income Taxes Are

John F. Kennedy

In Those Countries Where Income Taxes Are Lower Than In The United States, The Ability To Defer The Payment Of U.s. Tax By Retaining Income In The Subsidiary Companies Provides A Tax Advantage For Companies Operating Through Overseas Subsidiaries That Is Not Available To Companies Operating Solely In The United States. Many American Investors Properly Made Use Of This Deferral In The Conduct Of Their Foreign Investment.

Topic

Country

United States

Income

I Look Forward To An America Which Will Reward Achievement In The Arts As We Reward Achievement In Business Or Statecraft. I Look Forward To An America Which Will Steadily Raise The Standards Of Artistic Accomplishment And Which Will Steadily Enlarge Cultural Opportunities For All Of Our Citizens. And I Look Forward To An America Which Commands Respect Throughout The World Not Only For Its Strength But For Its Civilization As Well.

Art

Opportunity

Civilization