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Re:Google used a tax loophole to shelter $19.2B by flor1s on Tuesday January 02, 2018 @05:59PM (#16056683)
Companies pay low tax in one country for money they earned in another country. Almost every multinational does that, there are buildings in The Netherlands in which a dozen of international firms have a postbox just so they can redirect their revenue and pay the lowest tax on it.

Being Dutch, I am ashamed that our government does not do anything to change the laws which allow for this to happen.

Re:Google used a tax loophole to shelter $19.2B by debt on Tuesday January 02, 2018 @06:28PM (#16056906)
Poor countries use tax havens as well.

Those countries are the most hurt by the use of tax havens. Many people in poor countries depend on tax dollars to survive.

https://www.theguardian.com/commentisfree/2013/may/14/tax-ha...

It's a disgusting practice, that many on this forum seem to have no problem defending. Astounding.