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If the real rate is 1%, absolutely no large corporation is going to leave if the rate goes up to 2%. Or even 5%. Especially if the location is attractive. (Good
by TheOtherHobbes 6y ago
If the real rate is 1%, absolutely no large corporation is going to leave if the rate goes up to 2%. Or even 5%. Especially if the location is attractive. (Good English, good facilities, central location, stable country, etc.)
The costs of setting up new offices would dwarf any nominal tax saving.
This isn't 'populist' it's pragmatic. Countries cost a lot to run, and if someone is renting space from you they should be paying their way - not getting an incredibly cheap ride because you happen to have some rooms (spaces) you want to fill.
- jiofih 6y agoSurely a 500% tax hike would have no effect.
- jbverschoor 6y agoSo much miss information here.. Where are all these employees you’re talking about? And what facilities? You’re talking about very different things The tax routes don’t take anything from any country. Corporate tax is 25% here. But they use other routes to pay less than that.