So you see nothing wrong with a company moving it’s head quarters to another country to legally avoid the paying the higher tax here in the US. This is completely legal for the company to take the opportunity to increase their bottom line by savings in taxes.
Nokia also said it plans to pay an annual dividend 0.14 euros per share, compared to 0.16 euros expected by the analysts. Last year it paid an extra 0.26 euros on top of an annual dividend of 0.11 euros.
Finland's Nokia on Thursday reported stronger-than-expected quarterly profits for its core network equipment business on the back of network roll-outs for faster 4G mobile services in China and North America.