4 ms·

". . . they regarded tax payment as a duty and promised not to use constructions and tax havens to avoid doing that duty, . . . ." Why not simply outlaw tax ha

• cowvin 4y ago
  It's hard to write laws to outlaw them. I mean you can't really outlaw a company shuffling money around to meet their business needs. You also can't write laws governing another country. So unless there's a big international effort to get all countries to adopt some consistent tax laws, and cut off trade with the ones who don't sign on, there will be some countries who profit from keeping their laws favorable to being tax havens.
• vanderZwan 4y ago
  Nah, why bother? The honor system and money are a totally compatible combination /s I'm so embarrassed about how my country deals with these things.
• FunnyBadger 4y ago
  The problem is that "normal international business needs" looks exactly the same as overseas tax havens. Say you want to sell products overseas: well simply operating in your home country isn't sufficient - you MUST have a corporation in every overseas location where you are doing business. And their books have to be separate from your home country because of local and foreign laws. Despite this fact, a lot of people claim this is a "tax haven" structure - it's not; it's legally and practically required. The only way to 100% avoid "tax havens" is to BAN all transnational operations and international business. Basically role back globalism to an era BEFORE all international travel and business. And even then, that probably won't change things - I only need to have an overseas friend operate the business for me based on contracts or personal relationships. The same result but completely "underground", out of view and undetectable then.