2 ms·
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 op
by 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.