Pearse Doherty (Donegal, Sinn Fein) | Oireachtas source

We hear these throwaway remarks that are very good and clever. The public who are not accountants believe that the US company profits are taxable in the United States. However, is it not the case that every single US company that has its headquarters in the United States is taxable in the United States if it moves its profits back to the United States after paying tax in Ireland?