No more Twinkies - Hostess out of business

[Rupert Pupkin]

Originally Posted by cal828

http://www.businessweek.com/news/201...m-ireland-move

Here is an interesting article from BloombergBusinessweek. I guess we can't expect companies not to move their corporate headquarters, if we have what seems to be a corporate tax code that is so high, but do we have to reward them for doing so by giving them tax breaks for moving?

I wouldn't call it a tax break. Companies are currently allowed to deduct the cost of moving. If the law was changed so that a company could not deduct the cost of moving overseas, that wouldn't stop anyone from moving. The cost of moving is negligible.