I am not talking about that. I am asking about inventory systems.
Is it fair to say that the driving force behind . . . CSARL was the tax department and not any business unit?
But wasn't the purpose to shift profits for tax purposes to a low-tax jurisdiction. Is that correct?
That it should not pretend that it is in Switzerland.
So from the beginning, the decision to use CSARL and direct Caterpillar's non-U.S. profits to Switzerland was to shift profits to a low-tax ...
Both were intangibles, right, in both cases? CSARL----
If the value of the CACO transfer was treated the same as CSARL's intangibles were, as claimed by Pricewaterhouse, doesn't that create a hug...
Migrate income from the U.S. to lower-tax jurisdictions.
The point here is stay in the United States in 2009 and future.
OK. And the key contacts in Caterpillar for you were the people in the company's Tax Department. Is that correct?
All right. Thank you so much, and thank you again for being here and your cooperation with our Subcommittee.