What is the estimated dollar amount of the annual tax reduction for the initial move to the Grand Cayman Islands?
 

Is the company has been tax conservative or tax aggressive, or something in between regarding the management of income tax expenses? 

 

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TABLE 2 Transocean Effective Tax Rate following Inversions and Conversion to Master Limited Partnership Grand Caymans Corp. 2000 Revenue Income before tax Income tax expense U.S. Corp. 1998 1,089,612,000 487,146,000 143,730,000 1,229,513,000 144,416,000 36,699,000 Swiss Corp. 2009 11,556,000,000 3,924,000,000 754,000,000 U.S. MLP Subsidiary 2015 7,386,000,000 1,030,000,000 206,000,000 TABLE 2 Transocean Effective Tax Rate following Inversions and Conversion to Master Limited Partnership Grand Caymans Corp. 2000 Revenue Income before tax Income tax expense U.S. Corp. 1998 1,089,612,000 487,146,000 143,730,000 1,229,513,000 144,416,000 36,699,000 Swiss Corp. 2009 11,556,000,000 3,924,000,000 754,000,000 U.S. MLP Subsidiary 2015 7,386,000,000 1,030,000,000 206,000,000