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Courts? Why? There is a simple fix: Since these are felony allegations (criminal not civil) IRS investigators should sit a few of these CFOs down in a cement r

Courts? Why? There is a simple fix: Since these are felony allegations (criminal not civil) IRS investigators should sit a few of these CFOs down in a cement room and ask: "Does any of this money come back to the US?" Then the CFO has a few options: 1) lie to a federal agent (not a good plan) 2) plead the 5th (not a good plan) 3) state to a federal officer that none of the money is used, transferred, or used to pay employees of said corporation by proxy. I would assume these wouldn't go well at all.

linkregister 10y ago
When the funds come back to the U.S., Google is taxed on them. But they haven't returned yet. Have you missed all the news stories talking about how many of these companies keep the funds outside the U.S. for this purpose?
- disordinary 10y ago
  Who cares about the taxes returning to the us? They're making money in foreign territories and should pay tax there. For instance here in nz Google reportedly only pays 200k in tax which is obviously outrageously low.
  - linkregister 10y ago
    I think you didn't see the rest of the comment chain. The issue that we're discussing is the suggested U.S. government's involvement.
    - disordinary 10y ago
      Yes I read it, but its irrelevant.
ori_b 10y ago
Or point to the accounts that live outside of the USA, and say that the money is kept outside of the USA to legally avoid taxes.
ransom1538 10y ago
linkregister Yes I am well versed in the new stories. The entire point is to move funds out of the country and avoid taxes. They aren't investing in Spain's tech future. They will use this money (stolen from the US people) illegally to: produce products overseas by proxy, perform HR functions by proxy, marketing by proxy, etc. All these products/services are then sold under the company and for more US profit.
- linkregister 10y ago
  I agree that Spain, EU Parliament, and the European Council should enact meaningful legislation and trade agreements to mitigate this tax loophole. The crux of my argument is that you won't find a U.S. felony here, no matter how bad you want it.

linkregister 10y ago

When the funds come back to the U.S., Google is taxed on them. But they haven't returned yet. Have you missed all the news stories talking about how many of these companies keep the funds outside the U.S. for this purpose?

disordinary 10y ago
Who cares about the taxes returning to the us? They're making money in foreign territories and should pay tax there. For instance here in nz Google reportedly only pays 200k in tax which is obviously outrageously low.
- linkregister 10y ago
  I think you didn't see the rest of the comment chain. The issue that we're discussing is the suggested U.S. government's involvement.
  - disordinary 10y ago
    Yes I read it, but its irrelevant.

ori_b 10y ago

Or point to the accounts that live outside of the USA, and say that the money is kept outside of the USA to legally avoid taxes.

ransom1538 10y ago

linkregister Yes I am well versed in the new stories. The entire point is to move funds out of the country and avoid taxes. They aren't investing in Spain's tech future. They will use this money (stolen from the US people) illegally to: produce products overseas by proxy, perform HR functions by proxy, marketing by proxy, etc. All these products/services are then sold under the company and for more US profit.

linkregister 10y ago
I agree that Spain, EU Parliament, and the European Council should enact meaningful legislation and trade agreements to mitigate this tax loophole. The crux of my argument is that you won't find a U.S. felony here, no matter how bad you want it.