When the funds come back to the U.S., Google is taxed on them. But they haven't returned yet. Have you missed all the news stories talking about how many of these companies keep the funds outside the U.S. for this purpose?

Who cares about the taxes returning to the us? They're making money in foreign territories and should pay tax there. For instance here in nz Google reportedly only pays 200k in tax which is obviously outrageously low.

I think you didn't see the rest of the comment chain. The issue that we're discussing is the suggested U.S. government's involvement.

Yes I read it, but its irrelevant.

linkregister

Yes I am well versed in the new stories. The entire point is to move funds out of the country and avoid taxes. They aren't investing in Spain's tech future. They will use this money (stolen from the US people) illegally to: produce products overseas by proxy, perform HR functions by proxy, marketing by proxy, etc. All these products/services are then sold under the company and for more US profit.

I agree that Spain, EU Parliament, and the European Council should enact meaningful legislation and trade agreements to mitigate this tax loophole.

The crux of my argument is that you won't find a U.S. felony here, no matter how bad you want it.

Or point to the accounts that live outside of the USA, and say that the money is kept outside of the USA to legally avoid taxes.