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You're a bit wrong in the beginning. Most countries tax activity that happens outside, but almost all only do it for their residents (UK is an exception, it doe
by tomp 11y ago
You're a bit wrong in the beginning. Most countries tax activity that happens outside, but almost all only do it for their residents (UK is an exception, it doesn't even tax it's residents, if they're foreign born). Only the US (and another two or so third world countries) attempts to tax its citizens for all activity even if neither the citizen nor the activity is in the US.
- sievebrain 11y agoYes, sorry, I was talking about corporate taxation. Yes if you live in a country then all of your activity is assumed to have 'happened' in that country even if the money was raised abroad. But that's easy to enforce, as you are physically in their jurisdiction.