Re:Why Isn’t the Whole World Rich?
by karpierz on Wednesday November 23, 2022 @09:47AM
(#33719739)
Of course. But we aren't talking about the States, we're talking about countries that are forced into return as a condition of loan forgiveness.
Some of those conditions involves avoiding any sort of export tariffs and using the declared value of goods to calculate profits (ex: if I spent 20$ extracting copper, and sold it for 20$ to an overseas company which totally isn't related to me, then the taxable profit in your country is 0$).
Some of those conditions involves avoiding any sort of export tariffs and using the declared value of goods to calculate profits (ex: if I spent 20$ extracting copper, and sold it for 20$ to an overseas company which totally isn't related to me, then the taxable profit in your country is 0$).