3 ms·
Well, no. That's not how it works. That stuff only remotely works with US companies because its tax regime wasn't a territorial one. As of a few years ago, the
by talideon 6y ago
Well, no. That's not how it works.
That stuff only remotely works with US companies because its tax regime wasn't a territorial one. As of a few years ago, the US finally transitioned to a quasi-territorial tax regime, which plugged some of the holes, but not all of them.
And you don't find German (or Japanese, Australian, &c.) multinationals doing this kind of thing because they have _proper_ territorial tax regimes. The US does not, and this kind of thing will continue to be a problem until the US finally does do what the rest of the world does regarding taxation.
And it would be nice if they did the same regarding personal taxation.