Meta, Comcast And NASA Supplier CEO Says US Tax Laws Are Driving Business Exodus, All Eyes On Trump For Policy Change

Quick Summary:

Charlie Giancarlo, CEO of Pure Storage, has raised concerns about U.S.tax laws pushing companies to relocate their operations abroad.

What Happened: Giancarlo highlighted in an interview that current U.S.tax policies are forcing companies to consider moving their operations overseas.

He pointed out that while tariffs have offered some relief, they are not the ultimate solution, Barron’s reported on Monday.

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Article Details

Author / Journalist: Pooja Rajkumari

Category: Technology

Markets: United States

Topics: Stories That Matter Global META Tech Benzinga neuro Charlie Giancarlo Pooja Rajkumari Benzinga Donald Trump CMCSA HNHPF Regulations Government General US20030N1019 Pure Storage US Tax Laws News

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-18 @ 13:30:19 (10 hours ago)

News Timezone: GMT +8:00

News Source URL: benzinga.com

Language: English

Article Length: 405 words

Reading Time: 3 minutes read

Sentences: 21 lines

Sentence Length: 20 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Benzinga

News ID: 23660845

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