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This is part of the power/money struggle between huge corporations and governments. Big corporations often succeed in avoiding taxes [1][2], and regularly pit
by raarts 8y ago
This is part of the power/money struggle between huge corporations and governments.
Big corporations often succeed in avoiding taxes [1][2], and regularly pit states or countries against each other to get the highest tax benefit [3]. Governments really don't like that, but often there's not a lot they can do.
Except for banding up in something like the EU, and using that combined power to strike back.
[1] https://www.bloomberg.com/news/articles/2018-01-02/google-s-dutch-sandwich-shielded-16-billion-euros-from-tax https://www.bloomberg.com/news/articles/2018-01-02/google-s-...
[2] https://itep.org/amazon-inc-paid-zero-in-federal-taxes-in-2017-gets-789-million-windfall-from-new-tax-law/ https://itep.org/amazon-inc-paid-zero-in-federal-taxes-in-20...
[3] https://eu.usatoday.com/story/money/2017/09/07/could-your-state-land-50-000-amazon-jobs-headquarters-contest-kicks-off/641276001/ https://eu.usatoday.com/story/money/2017/09/07/could-your-st...