3 ms·

Except most of the money is sheltered using legal tax avoidance ala Dutch Sandwich (nice job EU), so maybe 30%? Either way, CFOs do not like to waste money.

• WildUtah 10y ago
  The EU is deepening the problems with non-territorial US taxes with its loony tax loopholes. Still, the USA could just end the problem entirely by going territorial.
  • chris_va 10y ago
    That makes very little sense. Why would the US be entitled to money earned in another country by a non US entity?
    • Retric 10y ago
      I don't think companies should be able to operate subsidiary's because it's not a separate entity. This would prevent a lot of bad behavior and I am unsure of any net gains for society.
  • kspaans 10y ago
    Or more countries could go non-territorial like the US!
  • yxhuvud 10y ago
    What are you talking about? EU is not deepening anything but rather actively combating tax loopholes.