Tuesday, March 13, 2007

Doubts About Halliburton's Move to the Middle East.

Congress has some doubts about Halliburton's move to Dubai. Democratic leaders are saying Halliburton is trying to dodge taxes and avoid investigations into its contracting practices in Iraq.

Halliburton responded that it will remain legally incorporated in the US and they will not receive any tax benefits. Analysts are not so sure saying tax benefits are still unclear and some lawmakers are calling for hearings.


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