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Last I checked the US tax code does this already. If the US tax rate is higher you pay the difference!
by hellow0rldz 5y ago
Last I checked the US tax code does this already. If the US tax rate is higher you pay the difference!
- maneesh 5y agoI believe that's on personal income tax, not on global corporations.
- coliveira 5y agoFor individuals, not for corporations. Corps can keep their profits oversees, which operates like a 401k that you never need to withdraw from.
- Aerroon 5y agoBut aren't corporations in another country corporations of that country? They follow all the laws and rules of that country, not US ones. When a European has dealings with Google they aren't dealing with Google Inc, they're dealing with Google Ireland Ltd.