Soleron on 13 October 2009
highwaystar101 said:
That sounds good in theory, but I bet a lot of countries that currently have the upper hand wouldn't go for it. Mind you, it would save a lot of problems for us as you said. |
I like the idea. If one country (Country Y) does it, then you pay tax on 100% of your profits in insert-tax-haven-here and tax on say 20% of your profits in Country Y. Total: 120%. The company would soon move to a country with this policy, so they only get charged on 100% of their profits rather than 120% or whatever.
It's self-reinforcing until every country adopts it.
