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I don't see how. Most owners are not taxable residents of the country where companies operates. If I'm personally taxable in the Bahamas, but I make all my capi
by axlee 10y ago
I don't see how. Most owners are not taxable residents of the country where companies operates. If I'm personally taxable in the Bahamas, but I make all my capital profits from a company operating in a country with no corporate taxes, that country will never ever see a single tax cent from me, despite me leveraging their infrastructure and society for profit (for virtually free). I would directly profit from their roads, their transportation, their education, their Internet, their police, their laws, their justice, while never contributing to it.