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Cake day: 2023年6月12日

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  • Companies can and do move their IP.

    It doesn’t impact their existing cash resources but they can ensure future cash flows are taxed less. There was a reason the Ireland Dutch sandwich became really popular and how Apple has lots of cash it can’t really use without paying tax on it.




  • kunaltyagi@programming.devto196@lemmy.worldTaxation Rule
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    7 天前

    Unless you make sure to tighten loopholes, people can put their net worth in other legal entities like trusts, leave the country, or both.

    Tighten the tax code first, then tax the rich. No point in those weirdos (ppl and companies) moving to Dubai or Switzerland or Ireland