This sort of thing is only a matter of time and entirely reasonable and I'm not surprised at all that it's the EU rather than the US pushing this. The idea tha

This sort of thing is only a matter of time and entirely reasonable and I'm not surprised at all that it's the EU rather than the US pushing this. The idea that a US company can sell its IP to a foreign subsidiary and then pay "royalties" for use of the IP to reduce US taxable income (all blessed by the IRS) and then pay basically no taxes on this through Double Irish Dutch Sandwich is apparently all fine legally but conceptually, we have a government, a military, infrastructure (roads, bridges, etc) and so on... who exactly is going to pay for all that? More broadly, we have an increasing class of stateless ultrawealthy who really don't pay taxes anywhere. There is any sort of justification for this. Governments waste money. Individuals can direct money to charities more effectively (while this might be true, it's still a net less "tax" paid in donations that would otherwise have gone to tax and tends to have a social climbing element that directs funds to "sexy" causes; no one is contributing money to repair Interstates in Wyoming). It's all just a smokescreen for paying less money to the stable society and political system that makes your wealth even possible. Pay your goddamn taxes. I expect to see a rule for multinationals come about that'll go something like this: if you earned X% of your total global revenue in our country then X% of your total global profit is taxable in our country. And if the EU is the one that brings this about then good for them.