Word: reinvestment
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...would be much larger if Government tallies could track all foreign investments. No one knows how many millions, or even billions, are borrowed every year from U.S. banks by foreign investors to set up or expand U.S. businesses. Nor are there data on the annual profits that foreign companies reinvest in the U.S. There is also no way of knowing how many suitcases stuffed with cash are sneaked out of Italy, Brazil and other countries that have strict foreign-exchange controls and slipped through airport customs into...
Business earnings are also heavily taxed: 30% by the national government and 20% by municipalities. Explains Erlandsen: "The highest cost my firm has is its tax cost. To reduce our tax burden, we share profits with our employees or reinvest them somehow." One of the most common means of sharing is to give employees valuable but tax-exempt "perks," such as trips to mountain resorts and the use of company-owned cars and houses...
...University will continue to distribute at this rate and will reinvest the remainder of the portfolio income, George Putnam Jr. '49. Harvard treasurer and a committee member, said yesterday...
...P.R.G.'s moderate policies toward small businessmen and foreign investors is part of South Viet Nam's slow transition to socialism. P.R.G. officials have offered to "guarantee" a profit to small businesses that reinvest earnings to create jobs and share profits with "worker funds." Foreign investors, beginning with the giant French Michelin rubber plantation, have been reassured that they will be allowed to stay in business...
...messenger waited patiently to cash in $15 million in notes held by the Chemical Bank. An elderly married pair anxiously awaited payment of $25,000, half their life savings. A retired Brooklyn schoolteacher hoped to collect her $26,929. If she got it, she said, she would not reinvest it in New York's uncertain paper; she would put it into a lower-yielding but more secure savings bank. Finally, after a long line of people had waited for hours with increasing anxiety, Irving Gurfield of the city controller's office climbed on a chair...