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A comment on 40% of multinational profits are shifted to tax havens each year. Parent comment

Re:40% of multinational profits are shifted to tax havens ea... by AnIdiotOnTheNet on Tuesday November 19, 2019 @09:32AM (#21573112)
It is also worth noting that expats can exclude something like $100k from taxes with the Foreign Earned Income Exclusion. My understanding is that relatively few US expats actually pay anything.
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Re:40% of multinational profits are shifted to tax havens ea... by mcv on Tuesday November 19, 2019 @10:29AM (#21573847)
From what I understand, they usually don't have to pay anything as long as they do pay some reasonable amount of taxes in the country where they live, but they still have to file taxes in the US, which, from what I understand, is quite a horrific process.
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