Re:40% of multinational profits are shifted to tax havens ea...
by mcv on Tuesday November 19, 2019 @10:25AM
(#21573801)
> "It's really is not your business how much I spend in my country to produce goods I sell in yours."
That's exactly my point: you tax the economic activity only in your country: the revenue minus the profits in your country. What the company does in a different country is irrelevant to this.
Note: this is my tax proposal. Not how I claim things currently work, but what I think they should be changed to.
Although on a different level, I think what happens across borders absolutely does matter: I think countries should not import products created through slavery, child labour or other forms of oppression. Companies and countries should take more responsibility for the entire supply chain and not just the bits inside their own border.
That's exactly my point: you tax the economic activity only in your country: the revenue minus the profits in your country. What the company does in a different country is irrelevant to this.
Note: this is my tax proposal. Not how I claim things currently work, but what I think they should be changed to.
Although on a different level, I think what happens across borders absolutely does matter: I think countries should not import products created through slavery, child labour or other forms of oppression. Companies and countries should take more responsibility for the entire supply chain and not just the bits inside their own border.