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They're the government. They have something better than equity: they automatically take a seventeen percent share of every profit made by every company in Chile
by hugh3 15y ago
They're the government. They have something better than equity: they automatically take a seventeen percent share of every profit made by every company in Chile... not to mention personal income tax on every employee's salary.
Just one medium-successful company which decides to stay in Chile in the long term will easily wind up paying more than six million in taxes to the Chilean government.
- markbao 15y agoYeah, that too. I was thinking a ways out – if they can establish a community that occasionally springs up a sizable company, then they'll not only have the increased tax revenue, but will also be able to have multiple companies doing that.