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Industry Quotes

“First, the oil and gas business pays its fair share of taxes. Despite the current debate on energy taxes, few businesses pay more in taxes than oil and gas companies. The worldwide effective tax rate for our industry in 2010 was 40 percent. That's higher than the U.S. statutory rate of 35 percent and the rate for manufacturers of 26.5 percent.”

“When preparing your return, you should be sure to avoid common mistakes. The two most common taxpayer mistakes, states the IRS booklet, are (1) "failure to include a current address," and (2) "failure to be a large industry that gives humongous contributions to key tax-law-writing congresspersons."”

“Tourism is a crucial industry that could employ millions of Filipinos, skilled and unskilled alike, cross those 7,107 islands of the Philippines. From the current projection of 3.3 million tourist arrivals in 2010, our aim is to eventually attract 6 million tourists. In the process, we expect to create 3 million jobs in the next six years.”