3 ms·
Did a quick cross ref for the non-signatories ranked by GDP: https://pastebin.com/YyYTV65i https://pastebin.com/YyYTV65i I'd predict corporations to move to co
by DevX101 5y ago
Did a quick cross ref for the non-signatories ranked by GDP:
https://pastebin.com/YyYTV65i https://pastebin.com/YyYTV65i
I'd predict corporations to move to countries on this list that are non-sanctioned, high rule of law index, and easy to do business in.
Ireland and Estonia in particular come to mind.
- r00fus 5y agoIreland is a big hole. Many corps have huge nexus there simply to avoid corporate tax. Would the Dutch-Irish double-sandwich still work - maybe with another country?
- NoboruWataya 5y agoIt doesn't even work right now - the rules that enabled that structure have already been phased out.
- patrickaljord 5y agoDo you have a link to the list of signatories?
- purple_ferret 5y agosigning on to this should be a requirement to stay in the EU
- novok 5y agoI'm surprised %0 taxes on everything UAE is implicitly a signatory! The list of countries: https://www.oecd.org/tax/beps/oecd-g20-inclusive-framework-members-joining-statement-on-two-pillar-solution-to-address-tax-challenges-arising-from-digitalisation-july-2021.pdf https://www.oecd.org/tax/beps/oecd-g20-inclusive-framework-m...
- lordnacho 5y agoThat made me wonder, what's to stop a country from having a high rate but also offering a tax credit? Or some sort of disguised give-back? If you Google the Malta Corp tax rate, you find 35%. You need to dig a big more to read that actually you can get 30% refunded. Haven't tried it myself.