SamuelRSmith on 19 May 2014
| MoHasanie said: Interesting. In the US the corporate tax is 35% and in the UK its 20%. Switzerland may have lower taxes, but I'm sure there are other costs of operating there that are higher than other places. |
Well, yeah, Switzerland has a ridiculously high cost of living. But moving to Switzerland doesn't actually mean moving to Switzerland, it just means that you say you're from Switzerland and file your taxes there, for all intents and purposes the company would have stayed in UK.
It's like Starbucks in the UK, technically makes losses every year in the UK... because it has to pay huge "license fees" to Starbucks USA/Netherlands/Switzerland.
