[RE-wrenches] Magnum Energy sold to tax dodger

[Bill Hennessy]

hey wrenches, I suppose it's old news to you West Coasters, but saw yesterday that Magnum inverters has been sold for $60 million to a Mitt Romney conglomerate that shifted to the Netherlands to avoid paying US taxes. The new owner, Sensata, touts its "integrity" and comes with a rep of moving jobs to China.



SEC Info - Sensata Technologies Holding N.V. - 10-Q - For 6/30/14 - R22


  
          
SEC Info - Sensata Technologies Holding N.V. - 10-Q - For 6/30/14 - R22
Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 10 -Section 50 -Paragraph 1   
View on www.secinfo.com Preview by Yahoo  
  
 


http://finance.yahoo.com/news/tax-dodge-used-bain-escapes-040100235.html
  
             
Tax Dodge Used by Bain Shifts U.S. Firms Abroad Without ...
While its top executives are still based in Attleboro, Massachusetts, it's now known as Sensata Technologies Holding NV (ST) of the Netherlands. Treasury Department...  
View on finance.yahoo.com Preview by Yahoo  
  
 
 
Bill Hennessy
Berks Solar, LLC
371 Centennial Rd
Mertztown, PA 19539

o 610 682 4300
c 484 560 4666
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www.berkssolar.com
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