Soleron 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. |
You're right actually. It would certainly work well in that respect. I take back what I said, it would be a good idea because it is self-reinforcing.







