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You'd think the IRS would get involved- creators robbed of income means governments robbed of income tax.
by panzagl 10y ago
You'd think the IRS would get involved- creators robbed of income means governments robbed of income tax.
- e40 10y agoSomeone's paying tax on it, just not the people that deserve it.
- squozzer 10y agoHypothetically. OTOH, someone who scams artists probably has ways of scamming governments.
- Declanomous 10y agoWell, given the fact that companies regularly do something similar by having their companies generate their profits in areas with low tax rates by forcing wholly-owned subsidiaries in locations with high tax rates to pay licensing fees which basically cancel out their profits, I'd be inclined to agree. Someone else linked this farther up the page, which is the example I'm most familiar with: https://en.wikipedia.org/wiki/Double_Irish_arrangement https://en.wikipedia.org/wiki/Double_Irish_arrangement
- toyg 10y agoCorporate dividends and profits are taxed at lower rates than income, pretty much everywhere.