3 ms·

I feel like, if your goal is to get bought by Apple, Google or Microsoft (or a pharma company, for that matter), it would be wise to incorporate in a country wh

by kolbe 11y ago

I feel like, if your goal is to get bought by Apple, Google or Microsoft (or a pharma company, for that matter), it would be wise to incorporate in a country where they can use their offshore cash to buy you. Maybe Americans can start getting in on it.

toomuchtodo 11y ago
"Tax haven support as a service"
- MCRed 11y ago
  Germany is not a tax haven. Taxing the repatriation of funds that have already been taxed (Eg: Apple sells a Mac in germany, it pays taxes on the profits in germany) is punitive and very rare for a country to do. Most countries actually want money coming into the country from outside- and call it "foreign investment". This money tends to stimulate the economy and benefit everybody. The USA is neandrathal in its taxation schemes. Leaving money outside the USA is not "evading" taxes, because no taxes were due (the local taxes were already paid). It's simply not enabling the federal governments' attempts to double dip.
  - mpweiher 11y ago
    Yes and no. Yes, Germany is not a tax haven. However, US multinationals have been avoiding paying taxes in the EU. For example, those profits made in Germany are offset by purely fictitious charges from an entity in Luxembourg or Ireland, so no actual tax is due in Germany. The host countries of those entities negotiate special deals where they also pay essentially no taxes. So there is no actual "double dipping", most of those profits haven't been taxed, they've been tax-avoided. See: http://www.reuters.com/article/2014/09/30/us-apple-ireland-tax-idUSKCN0HP0QT20140930 http://www.reuters.com/article/2014/09/30/us-apple-ireland-t... http://www.huffingtonpost.com/2014/09/30/apple-ireland-tax-breaks_n_5905288.html http://www.huffingtonpost.com/2014/09/30/apple-ireland-tax-b... http://www.nytimes.com/2015/01/17/business/amazon-luxembourg-european-commission.html http://www.nytimes.com/2015/01/17/business/amazon-luxembourg... http://www.reuters.com/article/2012/10/15/us-britain-starbucks-tax-idUSBRE89E0EX20121015 http://www.reuters.com/article/2012/10/15/us-britain-starbuc...
- kolbe 11y ago
  They call that "I-Banking" or "Investment Banking" where I come from.
deleted 11y ago
[deleted]

by kolbe 11y ago

toomuchtodo 11y ago

"Tax haven support as a service"

MCRed 11y ago
Germany is not a tax haven. Taxing the repatriation of funds that have already been taxed (Eg: Apple sells a Mac in germany, it pays taxes on the profits in germany) is punitive and very rare for a country to do. Most countries actually want money coming into the country from outside- and call it "foreign investment". This money tends to stimulate the economy and benefit everybody. The USA is neandrathal in its taxation schemes. Leaving money outside the USA is not "evading" taxes, because no taxes were due (the local taxes were already paid). It's simply not enabling the federal governments' attempts to double dip.
- mpweiher 11y ago
  Yes and no. Yes, Germany is not a tax haven. However, US multinationals have been avoiding paying taxes in the EU. For example, those profits made in Germany are offset by purely fictitious charges from an entity in Luxembourg or Ireland, so no actual tax is due in Germany. The host countries of those entities negotiate special deals where they also pay essentially no taxes. So there is no actual "double dipping", most of those profits haven't been taxed, they've been tax-avoided. See: http://www.reuters.com/article/2014/09/30/us-apple-ireland-tax-idUSKCN0HP0QT20140930 http://www.reuters.com/article/2014/09/30/us-apple-ireland-t... http://www.huffingtonpost.com/2014/09/30/apple-ireland-tax-breaks_n_5905288.html http://www.huffingtonpost.com/2014/09/30/apple-ireland-tax-b... http://www.nytimes.com/2015/01/17/business/amazon-luxembourg-european-commission.html http://www.nytimes.com/2015/01/17/business/amazon-luxembourg... http://www.reuters.com/article/2012/10/15/us-britain-starbucks-tax-idUSBRE89E0EX20121015 http://www.reuters.com/article/2012/10/15/us-britain-starbuc...
kolbe 11y ago
They call that "I-Banking" or "Investment Banking" where I come from.

deleted 11y ago

[deleted]