3 ms·
> It's the game that can't be won. Only as long as countries and politicians don't really try you are right. Giving up on trying to make corporations pay taxes
by Maarten88 10y ago
> It's the game that can't be won.
Only as long as countries and politicians don't really try you are right. Giving up on trying to make corporations pay taxes they should pay because "you can't win" seems like a very weak way to handle this.
Corporations will immediately start discussing income tax or VAT and invent avoidance schemes on that, playing countries against each other, and that game also can't be won. There's no end.
The big economic regions like EU and US should completely stop accepting all these transfer pricing and IP deals, and tax these multinational companies on something that is based on the profit that they report to their shareholders, divided by the approximate regional share of the company's total market.