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So let's suppose I am a company that saw a green field to extend to - a country which gets out of its way to entice me to come and develop there. Now I am in th
by userulluipeste 11y ago
So let's suppose I am a company that saw a green field to extend to - a country which gets out of its way to entice me to come and develop there. Now I am in their yard, keeping my part of the bargain, the moment in which they draw out their claws and looking hungry at me say "you know what, forget what we've told you, it wasn't good anyway, so let's make a new deal".
- snarfy 11y agoI think it's fitting. When they move their business out of country to avoid taxes they can't expect the same legal protections. I'm going to laugh when these businesses move to China and the government seizes them for national interests. By avoiding taxes they are starving the dog that protects them.
- userulluipeste 11y agoA company extends itself into different countries for a lot of different reasons, not only for avoiding taxes. Besides the mentioned tax cuts, the move into Belgium could have been also because they needed a foothold somewhere in European Union anyway, and also it could have been for some level of expertise that was harder to achieve otherwise, and possibly a lot more. It's about the whole package. China has a policy of allowing external players into its playground only in partnership with a local company over which the government has absolute power and control. That is a bitter pill to swallow, but some choose to take it any way! China can arbitrarily change its rules (which are bad enough as they are) at any time (usually into something worse), I'll give you that. But it doesn't make it feel better with going through the current Belgian/EU debacle!
- Oletros 11y agoThis is not what happened