4 ms·
Companies pay low tax in one country for money they earned in another country. Almost every multinational does that, there are buildings in The Netherlands in w
by flor1s 9y ago
Companies pay low tax in one country for money they earned in another country. Almost every multinational does that, there are buildings in The Netherlands in which a dozen of international firms have a postbox just so they can redirect their revenue and pay the lowest tax on it.
Being Dutch, I am ashamed that our government does not do anything to change the laws which allow for this to happen.
- debt 9y agoPoor countries use tax havens as well. Those countries are the most hurt by the use of tax havens. Many people in poor countries depend on tax dollars to survive. https://www.theguardian.com/commentisfree/2013/may/14/tax-havens-entrenching-poverty-developing-countries https://www.theguardian.com/commentisfree/2013/may/14/tax-ha... It's a disgusting practice, that many on this forum seem to have no problem defending. Astounding.