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Archives - May 2006
Monday, May 01, 2006

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The state’s largest utility became an independent, investor-owned company last month when shares of Portland General Electric started trading on the New York Stock Exchange under the symbol POR. The share distribution marks the end of PGE’s ownership by Houston-based Enron.

 

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Oversight? Or gaming the system?

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The global challenge

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Over the last several months we have seen a wave of cross-border acquisitions, primarily U.S.-based companies looking to purchase non-U.S.-based companies. There are a few reasons for this, but the main culprit is the U.S. corporate tax system. The United States has one of the highest corporate tax rates in the world.


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