4 ms·
The location of your Corporate headquarters is different to the physical location of your company.
by czzr 6y ago
The location of your Corporate headquarters is different to the physical location of your company.
- throwaway0a5e 6y agoPayroll and property taxes follow the state of the employees, not the company. Taxes on profit are easy for a BigCo to dodge with good accounting.
- munk-a 6y agoIt's only easy to dodge them due to the current rules of accounting - we can work on fixing that component or enforcing minimal VAT taxes down-chain. For instance the US could require that a VAT of at least 20% be paid before reaching the US, then collect any taxes left on the table by, say, the bahamas when they only collect a 2% VAT - the US could gate goods entry based on a 18% fee on the difference. This applies only to actual goods value (and doesn't look at capturing out-of-band transactions like online orders of virtual goods) but it's a really dead simple and easy to enforce law that'd kill a lot of tax dodging dead. The real issue isn't that it's hard to tax these companies - it's that there isn't a significant political will in taxing these companies.