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How is that relevant in relation to dividends, which are from already taxed profits, so artificially lowering profit to evade tax also lowers dividends?
by tpm 3y ago
How is that relevant in relation to dividends, which are from already taxed profits, so artificially lowering profit to evade tax also lowers dividends?
- anotherhue 3y agoI don't think that's necessarily true. Regardless, corporate tax avoidance is well documented. Suggesting that because they avoided it once the benefactor needn't pay meaningful tax on receipt is borderline facetious.
- tpm 3y ago> Regardless, corporate tax avoidance is well documented. Yes. But taxing the revenue is a) already sort of done through VAT (if selling to public etc) and b) not a very good idea in general - it will make prices of everything higher for everyone. If a company is a low-margin mass-producer, their prices will be immediately +Tax%. This, to be popular, would mean the revenue tax would have to be low, which sort of defeats the original purpose. > they avoided it once who avoided what?