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Are they listed separately on the stock exchange? If so, then they really separate companies, not just different on paper. Their ownership of the different com
by TheCoelacanth 9y ago
Are they listed separately on the stock exchange?
If so, then they really separate companies, not just different on paper. Their ownership of the different companies will eventually diverge from each other and the companies will need to compete with each other to satisfy their owners.
If not, then the taxman will probably be smart enough to send the bill to the parent company instead of the mini-Googles.
- themihai 9y ago>> If so, then they really separate companies, not just different on paper. Their ownership of the different companies will eventually diverge from each other and the companies will need to compete with each other to satisfy their owners. You don't get it... the tax man proved not to be that smart to send the bill to the parent company. You may want to google: "What is a shell company?"
- vidarh 9y agoShell companies work because it allows them to shift profit around. That is exactly why this proposal goes after revenue. The problem is not identifying ownership.