Originally Posted by
iarapilot
My guess is that they maybe only donated the interest the Company earned on the deduction they held over the past year. I believe they needed the take equal scheme to guarantee that they had the cash to pay HK or China the tax that they were asking.
Having said that, we never should have surrendered our right to the tax break; at least not until we negotiated a much better LOA.
Footnote: It is interesting that we have folks who think we still get the break. Lesson; fool me once, etc., etc.!
No, it is just interesting to see/hear just how many people voted for the LOA without reading, or if not that, reading but not really understanding it. The previous MEC said vote for it... it will not affect me... it will go senior... it was the best we could get/do...
