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How do you tax foreign investors only, if they can set up subsidiaries and use dirty tricks anyway? You're gonna penalize the local market as well.
by pastacacioepepe 5y ago
How do you tax foreign investors only, if they can set up subsidiaries and use dirty tricks anyway?
You're gonna penalize the local market as well.
- Dylan16807 5y agoI'm just asking about empty house taxes. Which also doesn't really need to be foreigner-only. Also if a company owns a house then make it pay the maximum penalty rate when it's empty. Subsidiary problem solved.
- eru 5y agoThat's why I am suggesting not singling out foreigners in the first place. Use the tax you collect to finance local goods and services (and to reduce other local taxes). So local pay the tax and get something in return. Non-residents pay the same tax, but don't get the local goods and services; just because they aren't there. And all without any complicated rules.