Mike Hunter wrote:
What Commerce Department Website? Commerce Depart. has 100s of websites.
If you are correct, it should be simple for you to cut and paste the URL
of the site so that you can back your claim, WMBA.

Jeff

Do you record every site you ever visited? I do not and I do not do home
work for my own grand children, what makes you think I will do it for you?


"dr_jeff" <utz (AT) msu (DOT) edu> wrote

beyond where the car/parts are manufactured..........a question I don't
know the answer to:

where are the manufacturers' corporate income taxes paid?

i.e., does the sale of an "American" Toyota result in a profit for
Toyota/Japan with the corporate income tax paid there........or a profit
to Toyota of America with corporate income tax paid here or ??????
Same would hold true for all makers......including overseas operations
of our "domestic" companies. I assume it's a tangled web, i,e. is
Toyota of America a distribution company or manufacturer......a separate
corporate entity or wholly owned subsidiary?

American and European manufactures pay corporate income taxes, on the
vehicles they sell in Europe and the US, to the governments of Europe and
the US.

Because of the Japanese Capital Reinvestment law all Japanese corporations,
not only vehicle manufactures, pay corporate income taxes in Japan on the
products and vehicles they sell in the US, whether they are made in Japan or
the US.

Unlike the tax advantage Japanese corporations have in the US, they must pay
corporate taxes in Europe, on the vehicles they sell in Europe, just as do
the US and European corporations.

Japanese corporations operating in the US do pay state and local income
taxes, just as do American and European corporations, however.


"Itsfrom Click" <gpctc (AT) webtv (DOT) net> wrote

On Tue, 13 Oct 2009 10:08:45 -0400, "Mike Hunter"
<Mikehunt2@lycos,com> wrote:

otherwise anyone is free to consider you a blowhard - whether you are
right or not.

On Tue, 13 Oct 2009 16:21:35 -0400, "Mike Hunter"
<Mikehunt2@lycos,com> wrote:

federal and state taxes on it's profits.

Toyota Canada is two companies, Toyota Canada inc (sales) and Toyota
Motor Manufacturing Corp. (TMMC) (Manufacturing)

They both pay Canadian and Ontario taxes - as do all their employees.

clare (AT) snyder (DOT) on.ca wrote:
But the price that Toyota USA pays to Toyota Japan for required Japaneses
sourced parts might be outrageous, ensuring that there will be no US-based
profit.

--
Clarence A Dold - Hidden Valley Lake, CA, USA GPS: 38.8,-122.5

Mike Hunter wrote:
Really? I looked it up in google. I found no such law.

Besides, the companies that sell Japanese brand cars in the US are not
Japanese companies. They are US companies. They happen to be owned by
Japanese companies, but, they pay US corporate and state and local
income tax.

Mike Hunter wrote:

You don't do your own homework. What you're saying is that you can't
back your claims. Which means you don't know what you're talking about.

Jeff

On Tue, 13 Oct 2009 22:39:28 +0000 (UTC), dold (AT) 72 (DOT) usenet.us.com wrote:

Matrix the vast majority of the car is manufactured - not just
assembled, within 200 km of Cambridge Ontario.

Same goes gor the Hondas built at Allison Ontario.
For a while even the engine blocks for the corolla were locally cast -
not sure if they still are or not. They were also locally assembled.

As for design, much of the design work for Toyota vehicles is done in
California.