We set up an offshore company in a tax haven

Re:We set up an offshore company in a tax haven by flud on Friday October 08, 2021 @05:56AM (#28797442)

Yup, that sounds like the perfect solution to the problem of companies not paying enough taxes

[ Parent | on HN ]

Re:We set up an offshore company in a tax haven by AmericanChopper on Friday October 08, 2021 @06:09AM (#28797510)

Companies were never supposed to pay taxes on their profits, they were supposed pay dividends which are then taxed as income. The desire to tax that profit twice (or 3 times if you count consumption tax) is what creates this whole mess, because you fundamentally can’t force a company to make a profit.

The outcome of trying is a tax system that only applies to SME.

[ Parent | on HN ]

Re:We set up an offshore company in a tax haven by cpursley on Friday October 08, 2021 @07:19AM (#28797956)

Corps don't pay taxes, their customers do in the form of higher prices.

[ Parent | on HN ]