[Orangetxguy]

So Long, Goodbye, Good Riddance.

Think this about shareholder values?

http://biz.yahoo.com/ap/070311/emira...rton.html?.v=3

[yoopr]

Wrong-They're NOT going to become a UAE Corporation :roll: -Halliburton is opening its corporate headquarters in Dubai while maintaining a corporate office in Houston,"

[Fozzy]

And they still have one heck of big yard in Duncan OK...

[ben45750]

Just another way to avoid paying income tax's to the US.

[Fozzy]

How do ya figure? Maybe if they weren't the target of every bottom feeding democrat, they may stick around.. If I where them, I'd move too!

[GMAN]

High taxes and an overly burdensome regulatory environment is one reason Halliburton and many other U.S. corporations have sought relief outside of the country. There was a time when this sort of behavior was viewed as un-American. Now it seems more American to move to avoid taxes and too much government intervention than keep everything here. My guess is that the move is more an administrative thing than a physical move. There is less likelihood of the U.S. government interfering in their day to day operations if they are based in another country. They also have a lot of interests in that part of the world, so it is a fairly safe and friendly environment for them. I think I will move my corporate offices offshore.....perhaps to Mexico or the Bahama's. :P

[ben45750]

I'm for from being a Democrat, but anyone that does business with Iran is a bottom feeding company.

[yoopr]

It's a logistical move-nothing more-nothing less
Corporate is still in Houston and it has nothing to do with taxes

[Fozzy]

Originally Posted by ben45750

I'm for from being a Democrat, but anyone that does business with Iran is a bottom feeding company.

Why is that? Why not soak them sucker instead of giving it to the Europeans. Cutting off one's nose to spite their face should stop at grammar school.

[Orangetxguy]

Originally Posted by yoopr

Wrong-They're NOT going to become a UAE Corporation :roll: -Halliburton is opening its corporate headquarters in Dubai while maintaining a corporate office in Houston,"

From the above posted link;
{Oil services giant Halliburton Co. will soon shift its corporate headquarters from Houston to the Mideast financial powerhouse of Dubai, chief executive Dave Lesar announced Sunday}.


Yoopr... :shock: I guess I must be "One Stupid Guy" :roll: ...I take "shift its corporate headquarters from Houston to the Mideast" as meaning...The Corporation is moving to the UAE. I do not take it to mean, the "Corporation" is opening a corporate office...which they already have there...by the way.

BP has a Corporate Office in Cleveland(former Headquarters of Standard Oil of Ohio; SOHIO)..in Chicago (former Headquarters of American Oil Company; AMOCO)..and in Los Angeles (former Headquarters of the Atlantic Richfield Company; ARCO). BP's Corporate Headquarters though are in London. (actually..they moved to the suburbs of London in 2000..but who really cares)

Once Halliburton moves it's Corporate Headquarters to Dubai, United Arab Emirates; Houston will be just a corporate office...just as the "Old Headquarters" in Duncan Oklahoma are now...just a corporate office.


Of course...i am un-edikated. i dwive a twuck foe uh wiving.

PS; Before Atlantic Richfield was an oil company based in Los Angeles it was The Atlantic Refining and Marketing Company based in Philadelphia, and The Richfield Oil Company, based in, of all places, Los Angeles.


And yes...I feel that Halliburton moving it's HQ to a different country is an Act of Treason. Any and all tax breaks that Halliburton enjoys from being an American "Oil Services Company" should cease the very day that the Halliburton corporate "Flag" is raised in Dubai. Anyone whom feels that Halliburton doesn't enjoy special tax privileges over their French, and larger competitor, Schlumberger, is sadly mistaken.