The public has a right to know how companies that pay no taxes pull it off

Re:The public has a right to know how companies that pay no ... by croon on Tuesday November 03, 2020 @10:23AM (#24980430)

Sure, but this was a discussion about taxing revenue produced within a country. What you are describing is avoiding for example profit tax, is it not?

I'm still not seeing how it applies to the proposed example.

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Re:The public has a right to know how companies that pay no ... by disgruntledphd2 on Tuesday November 03, 2020 @11:03AM (#24980822)

So, the reason that people want to tax revenue is to negate the benefits of transfer pricing.

For instance, Google France makes 1bn euro in revenue, but purchases Google services from Google Ireland for 999mn, thus almost no profit and thus no tax. Google Ireland make 20bn but pay 19.99bn to Google Bermuda, which is the exclusive licensee of Google IP worldwide (even though the IP is almost exclusively produced in the US).

Taxing revenue means that these shenanigans do not reduce the tax paid in a particular country to zero.

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Re:The public has a right to know how companies that pay no ... by croon on Wednesday November 04, 2020 @03:19AM (#24987254)

Right, and I know you're not GP, but isn't that exactly what I said?

That they would pay French taxes on that €1bn, and the French wouldn't care what they did after that.

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Re:The public has a right to know how companies that pay no ... by disgruntledphd2 on Thursday November 05, 2020 @12:57PM (#25000342)

Yeah, but it seemed that someone else in the thread didn't get it, so I explained with an example.

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