8 ms·
I agree it should be harder the bigger you are, but it's not the tax rate. Right now, FAANGs either run a 0% profit margin, or book their profits to Ireland. C
by ulkram 8y ago
I agree it should be harder the bigger you are, but it's not the tax rate. Right now, FAANGs either run a 0% profit margin, or book their profits to Ireland.
Changing tax rates don't fix either of those.
- hopler 8y agoTax on worldwide profits, credit foreign taxes paid. You know, the same rules as for mortal non corporate persons. Sales/Use/VAT tax for payments to wholly owned subsidiaries.