I was reading recently about how many criminals are going international in order to avoid laws in their own country. They pick places where extradition treaties

I was reading recently about how many criminals are going international in order to avoid laws in their own country. They pick places where extradition treaties are not established and then will steal or scam money over the internet. The current system has not caught up to this just as it hasn't caught up to international tax loopholes. This is definitely not a failure of capitalism though, it is simply a lack of imagination by governments. Corporations are organizations designed to maximize profits for their shareholders. If they are not trying to minimize their tax burden, they are not doing their job. Governments either need to agree on a global tax framework,find an alternate way of charging tax that is less prone to loopholes, or lessen their need of tax revenue.