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It's significant for every type of business that transacts in services that don't necessarily require repatriation until distribution of profits. All purchases
by malandrew 13y ago
It's significant for every type of business that transacts in services that don't necessarily require repatriation until distribution of profits. All purchases and sales of services occurring between two "extra-national" corporate entities are essentially tax free. Only when profits and wages are distributed to individuals would taxes be levied.