The proposed solution: close loopholes that allow subsidiaries to book profits at the lower tax rates of other countries. How do you tax a subsidiary based in a

The proposed solution: close loopholes that allow subsidiaries to book profits at the lower tax rates of other countries. How do you tax a subsidiary based in another country? What’s the difference between an Irish company with an American branch and an American company with an Irish branch? Can a multinational just declare itself to be a different base nationality?