Not really. After N years and M thousands of jobs created, MamaCorp decides that performing some production process in PoorCountry is much cheaper, so it decid

Not really. After N years and M thousands of jobs created, MamaCorp decides that performing some production process in PoorCountry is much cheaper, so it decides to leave... unless VeryLowTaxCountry keeps the taxes very low. At that point, it's not anymore such a good deal (if you're HSBC, you even get a free pass for doing any crime you prefer, without going to jail). This, not taking into account, let's say, that MamaCorp sets up a subsidiary in VeryHighTaxCountry, with very high profits. That profits though, are entirely funneled to the shell company in VeryLowTaxCountry, so that it pays no taxes in VeryHighTaxCountry and little taxes in VeryLowTaxCountry. I'm mixing concepts here, but let's not forget that MamaCorps have a huge leverage because of their capitals, and because of their creative accounting strategies too, so deals like this need to be analyzed with extreme care and doubt.