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Caterpillar had been reporting most of the income from the sale of its Replacement Parts outside of the u. S. On its u. S. Tax return. Is that correct . That is correct. That is when it sold parts to caterpillars nonu. S. Dealers. Is that correct . Yes. 85 or more of its nonu. S. Income is included on caterpillars u. S. Tax return. Is that correct . That is correct. After caterpillar executed csarl transaction starting in 1999 is the correct that caterpillar basically reversed those percentages and allocated 15 or less of the nonu. S. Parts and come to itself in the United States and 85 or mor...

Thank you. A minute before the red light comes on on the timer you will see a light changed from green to yellow, giving you an opportunity to conclude remarks. Your written testimony will be printed in the record in its entirety. Please let your oral testimony to ten minutes. And i understand that you will be presenting the statement for caterpillar. Is that correct . Yes, i well. Please proceed. Good afternoon, chairman levin, senator mccain. Thank you for the average into the job. For the subcommittee today. My name is julie legacy, and i am the vicepresident of the finance Services Divisio...

Percentage terms the opportunity to move from 35 tax rate to a 10 tax rate is a 25 percentage point improvement. Thats material. When you Start Talking about 20 tax rate moving to a temper sent tax rate thats only 10 Percentage Points and when you look at the cost of the relative benefits of becomes much more of a push so i think Companies Might be looking at those sites of that question both the basis of taxation in terms of its territorial, need for a territorial system as well as the tax rate that would apply. Their feeling is that it might actually a lower tax rate being more income into t...

Can we have another round of applause for that wonderful performance . applause . At this time, i would like to call up two of our Committee Members on stage if you could all join us please, and if you could all give them a big round of applause so my name is shady and i work with themarys city ever services here in city call hall and i want to welcome great a i think this thure we programmed over ten institutions in the city of San Francisco including the air Film Festival the arab culture and Committee Center but also with the tamp pais Public Library to have two events showcasing the rich a...

So, that would be my only feedback. Thank you. Supervisor chiu. Just a quick question. I think we could delve into any of these topics. But do you have the average muni bus speeds . Is there a quick way for us to know why my line, what those numbers look like . I know they have that information. It wasnt looked into that level of detail for the benchmarking report, but they do have it. Okay. On i think a daily basis. So, we can work with the muni staff group to get you those reports. That would be great, just to get a sense of what those numbers look like because i know obviously different lin...