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> The only thing that's the business of a government is the income generated inside its own borders by that person or company, > Once they've paid their taxes
by sumedh 7y ago
> The only thing that's the business of a government is the income generated inside its own borders by that person or company,
> Once they've paid their taxes on that income
Tax havens allow you to move your profits by having the HQ in the tax haven while having a subsidiary which makes a loss in the actual country.
- magduf 7y agoAre we talking about multinational corporations or about wealthy individuals now? This whole thread has been about wealthy individuals, and now you're talking about big corporations. Which is it?
- sumedh 7y agoYour comment was about people/companies so we are talking about both. Tax havens do not discriminate people and companies are welcome.