You mentioned a couple of times that not all transfers are equal. Obviously I agree with that. Corporations frequently transfer money for investment in various countries; they do so in a way that, again, makes their operations more efficient, and that means they are more effective in hiring people.
I guess the question is this. You've cited a number of different places and asked which countries we are talking about.
Which countries, in your view, are we talking about? I think that's very important. There's a difference between a no-tax and a low-tax jurisdiction.
Obviously there is quite a bit of difference, so where should we be zeroing in on?