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A 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 Bel
by userulluipeste 11y ago
A 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!