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Surely all this does is makes offshore tax havens all the more attractive? Sure, some of them have signed up (i.e. Panama), but if they are not ditching the ter
by sgjohnson 5y ago
Surely all this does is makes offshore tax havens all the more attractive? Sure, some of them have signed up (i.e. Panama), but if they are not ditching the territorial taxation system, it changes absolutely nothing for them, and even if it would, Panama absolutely does not care about enforcing the exising law regarding taxation.
Sure, the companies will have to pay a bit more to their lawyers, but the way I see it, is that all it does is making offshores even more attractive.
- gruez 5y ago>Surely all this does is makes offshore tax havens all the more attractive? assuming they don't get sanctioned and/or tarrifed.
- lm28469 5y agoI'm no expert but as I understand there are benefits from having an EU based entity when you sell your goods/services in the EU. For example I doubt airbnb could pull its Ireland trick on EU countries from Panama (otherwise they'd already be doing it) https://news.in-24.com/business/167774.html https://news.in-24.com/business/167774.html