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We already do this. The expensive auditors exist to wrangle the complex organization of multinationals into a digestible form so that they can be pushed throug
by dnautics 6y ago
We already do this. The expensive auditors exist to wrangle the complex organization of multinationals into a digestible form so that they can be pushed through the compliance processes of the government employed accountants more efficiently.
- cultus 6y agoThe auditors are doing by far the bulk of the work, with the government essentially just signing off on it. This has directly lead to scandals such as Enron and possibly Wirecard.
- dnautics 6y agoYes. I don't know what you're expecting under a "small tax" burden. Did you want that tax burden to be 10x? Besides companies are still going to want to buy their own accounting services to avoid the hassle and cost of resubmission, or penalty (if you're going with an early-punitive measure). If your goal is to increase the power of the accountancy industrial complex I suppose your strategy is a good one.