There is also another factor, that we are not going to be able to compete with a zero or a 2-percent or a 4-percent tax rate, are we?
Any way they want, they can shift all that income overseas?
And the justification for that under current law should be required, should it not?
Seventy-two days out of 700 days. Is that correct?
So Microsoft, which globally put a consolidated bank account there and balance sheet, is, you say, risking some of its own money--fair enoug...
Would you agree that if this were one pool it would not comply with Section 956?
I think it is highly dubious, frankly, that the loan program complies with our current tax law.
Are they rules of the IRS or is it our rules that need to be changed?
Shouldn't the IRS then aggressively require a justification for that kind of a gap?
So the treasury decided within each fund how much and when?
How many days were there loans outstanding?