Of course, you'll never understand. I don't know if you're doing it on purpose or maybe it's just you. But, then again, the following sentence makes me wonder if you understand it a little. No, I don't think so or you wouldn't have just said that.
Let's go over this again.
1) Hermod said the move to London is about, "...the President/CEO and his inner circle who are "planting the flag" in London to avoid US and Italian taxes."
2) I responded it's not just about taxes. There's also a prestige factor with moving to London. If it was just about taxes, it would make more sense to move to Bulgaria, which is also a European Union member. Why would anybody want to move to London to cut costs when real estate prices are as high as Manhattan prices?? Because it's not just about cutting taxes.
3) You respond to me that it makes no sense to move to Bulgaria. No sh-t Sherlock. I made the same point. Hermod said they're moving to another country to pay less tax; I said there's more to it than that like "prestige" otherwise they would just move to Bulgaria. What part of this are you not getting?
Again, no sh-t Sherlock. Did I say their entire head office is moving down there? No, as Hermod said, it's the CEO and his inner circle that moving down there.
And prestige has everything to do with it. But, it's absolutely hopeless to continue explaining to you what prestige is because it keeps going in one ear and out the other with you.
Oh and please tell me why it's not important for an auto company to have a lot of corporate finance guys when they offer inhouse financing and leasing on cars, fleets and need to raise billions of dollars for retooling their plants??
Ridiculous. I didn't know you ran one of the big accounting firms. What qualifies you to make such a bold statement??
Also, please explain to me why so many corporate HQs are in Manhattan and London and why the real estate prices are so high down there? Like it was stated earlier, it's not the whole company that's moving down there, just the corporate heads.
Usually companies HQ'd outside of financial centers are located in the cities they were founded. I tried pulling up a list of corporate HQs located in London and pasting it here, but the list is so long that the system will not let me paste and save it in this post.
Ya, thanks for the irrelevant arguments and responses. As for the rest, you were the one who said Fiat-Chrysler needs to be in an English speaking country.
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