Skip to content

Comment on US tech firms make eleventh-hour attempt to halt tax avoidance reformsparent

Comments

    > The only way to really combat it is for different
    > countries to collude and perhaps sanction tax havens.
    > Even then, I doubt they will be able to raise much tax.
I wonder if the US (and probably only the US has the clout, but perhaps US + EU) that any company doing business there has to show they had paid corporate tax on all profit worldwide of up to 20%. Doesn't matter who they paid it to, but if they paid any less than that, they owe the remainder to the IRS, as a cost of doing business in the US. Could that work?
AboutSource Built by g1lg1l

Hackerly is an independent reader for Hacker News, built on the public HN API. Not affiliated with Y Combinator.