Re: No credit problems??



However, many Japanese companies pay US and state income tax, particularly if they Japanese-only subisidies, like the companies that make cars for Toyota and Honda in the US pay US and state income taxes. Japan does not determine who pays taxes in the US.

Actually, it was not the Japanese problems that spread to the US. The Japanese did not offer many loans to future home owners who could not pay back the loans. The Japanese did not regulate the market that sold the mortgages and the securities related to those mortgages. Unfortunately, the problem was that the US didn't really regulate them either.
Jeff

Add pictures here
<% if( /^image/.test(type) ){ %>
<% } %>
<%-name%>
Add image file
Upload
No wonder you are confused on this issue. The American subsidiaries of Toyota and Honda etc. of Japan are holding companies.
wrote:

Add pictures here
<% if( /^image/.test(type) ){ %>
<% } %>
<%-name%>
Add image file
Upload

Motorsforum.com is a website by car enthusiasts for car enthusiasts. It is not affiliated with any of the car or spare part manufacturers or car dealers discussed here. All logos and trade names are the property of their respective owners.