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> You are not a leftwing nutjob just because you want companies to pay taxes for the money they earn in your country. A free market relies on a level playingfie
by jonknee 10y ago
> You are not a leftwing nutjob just because you want companies to pay taxes for the money they earn in your country. A free market relies on a level playingfield and when multinationals can exploit loopsholes in this manner it distorts the competition.
How would you decide what money they earn in your country? It's a tricky question for multinationals.
- toyg 10y agoIt is indeed, and the recent spat of seemingly-illogical laws commonly known as "vat-mess" is the first step in trying to clarify that. The internet is a real mess for anything that has to do with jurisdiction, which is the underpinning of taxation. Free flow of capital could be acceptable when goods were eventually involved, since their physical presence decided jurisdiction; as goods become similarly immaterial, new parameters are required. The current "equilibrium" is anything but.