Posted On: 04/19/2012 9:11:39 AM
Post# of 8059
Also for tax purposes NAFTA splits profits 50/50 between the U.S.-because the parent CWRN is a U.S. corp-and Mexico-and very few companies pay the actual tax rate because of deductions-some big companies like GE e.g. paid no taxes last year because of deductions-and CWRN probably had millions in loss carryovers or the like from prior to 2011.
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