I think it's an interesting idea and I believe Estonia is doing exactly that. https://en.m.wikipedia.org/wiki/Taxation_in_Estonia https://en.m.wikipedia.org/wi

I think it's an interesting idea and I believe Estonia is doing exactly that. https://en.m.wikipedia.org/wiki/Taxation_in_Estonia https://en.m.wikipedia.org/wiki/Taxation_in_Estonia > However, the system of corporate earnings taxation currently in force in Estonia is a unique system, which shifts the moment of corporate taxation from the moment of earning the profits to the moment of their distribution. In other words, earning profits in itself does not bring income tax liability, which arises only when earned profit is distributed to shareholders.