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LostInParadise's avatar

What makes General Motors an American coporation?

Asked by LostInParadise (31915points) May 15th, 2011

It manufactures overseas and a good portion of its revenue comes from foreign countries as well. Why should it only pay taxes in the U.S.? The same reasoning of course applies to other multi-nationals. Suppose we took this to the point that a company has corporate headquarters in the U.S. and does all of its manufacturing and sales abroad. What makes the company American?

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