> I suspect the victim here is the US (since the money should be going there instead of some tax haven) and not individual EU member states. "An unexpected con

> I suspect the victim here is the US (since the money should be going there instead of some tax haven) and not individual EU member states. "An unexpected conclusion from Hines-Rice was that: low foreign tax rates [from tax havens] ultimately enhance U.S. tax collections; by paying little/no foreign taxes, U.S. multinationals had avoided building up foreign tax credits; the 15.5% Tax Cuts and Jobs Act of 2017 levy would prove this finding again in 2017" Scott Dyreng; Bradley P. Lindsey (12 October 2009). "Using Financial Accounting Data to Examine the Effect of Foreign Operations Located in Tax Havens and Other Countries on US Multinational Firms' Tax Rates". Journal of Accounting Research. 47 (5): 1283–1316. doi:10.1111/j.1475-679X.2009.00346.x. https://en.wikipedia.org/wiki/James_R._Hines_Jr https://en.wikipedia.org/wiki/James_R._Hines_Jr.