News for hackers. Stuff that matters.

A comment on The missing profits of nations. Parent comment

Re:The missing profits of nations by phkahler on Thursday July 26, 2018 @02:49PM (#17619864)
>> Maybe this is a silly question, but why don't we just lower the corporate tax rate significantly (maybe 10 or 15%), and make the use of tax havens illegal?

We should do only one of those things.

Every person should incorporate themselves and do what the big guys do.

[ Parent | on HN ]
Re:The missing profits of nations by kennxfl on Thursday July 26, 2018 @02:58PM (#17619959)
Individuals cannot register their "intellectual property" to another jurisdiction other than the one they operate in right?
[ Parent | on HN ]
Re:The missing profits of nations by solotronics on Thursday July 26, 2018 @03:39PM (#17620302)
You can create an LLC pretty easily and transfer any of your IP to it.
[ Parent | on HN ]
Re:The missing profits of nations by mirimir on Thursday July 26, 2018 @05:05PM (#17621122)
Maybe so. But I suspect that individuals who attempted profit shifting would quickly get nailed for tax evasion.
[ Parent | on HN ]