4 ms·
what will prevent an multinational to make dozens or hundreds of subsidiary with each having revenue threshold of $890 million ?
by acd10j 5y ago
what will prevent an multinational to make dozens or hundreds of subsidiary with each having revenue threshold of $890 million ?
- evgen 5y agoOh wow! You found that ONE TRICK that governments HATE. Somehow thousands of legislators and economists around the world never, ever thought of that and are going to be completely fooled by a company that structures its revenues in this fashion. I am absolutely sure that will work...
- jessaustin 5y agoDo you believe that "loopholes" exist?
- deleted 5y ago[deleted]
- imtringued 5y agoI hope it means that there will be dozens or hundreds of additional CEOs.
- GDC7 5y agoPublic companies can't do that, unless they want to have at least as many tickers. The 890 million treshold is calculated for the holding, not the subsidiaries
- hetspookjee 5y agoPretty sure you can create an index fund filled with all your sub 750M subsidiaries, redistribute the money that was gained by selling those and voila. You can even mix and match. Of course this is no cheap thing to materialise given that the law will probably be against such a thing but I’d give it a years time before the first ones raise their head with this approach.