mikehudack:

“None of our top executives are moving to Ireland, but that’s totally irrelevant. If it was a U.S. corporation, how many CEOs live in Delaware?”

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An Accenture spokesman, on the company’s plans to relocate its place of incorporation from tax-friendly Bermuda to more tax-friendly Ireland, and thus thwarting the Obama Administration’s plans to snag more revenue from multinational corporations.

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That is a specious comparison.  100% of the companies incorporated in Delaware are subject to federal tax laws.  If a company is to have a presence or do business in a particular state, said state is free to pass whatever taxation legislature they desire: see California.  There is no unfair tax avoidance.

The only companies that can afford to incorporate overseas are those HUGE companies that have appropriately sized legal teams and other advisors that can make foreign incorporation possible.  Smaller companies do not have these resources and are thus unfairly burdened with taxes these bigger fellows get to skip out on.

SHAME on Accenture’s Spokesman for such intellectual dishonesty.