This isn't how it works at all: > All countries tax income earned by multinational corporations within their borders. The United States also imposes a minimum

This isn't how it works at all: > All countries tax income earned by multinational corporations within their borders. The United States also imposes a minimum tax on the income US-based multinationals earn in low-tax foreign countries, with a credit for 80 percent of foreign income taxes they’ve paid. Most other countries exempt most foreign-source income of their multinationals. https://www.taxpolicycenter.org/briefing-book/how-does-current-system-international-taxation-work https://www.taxpolicycenter.org/briefing-book/how-does-curre...