Viewing profile — ringtail
ringtail
HN member- Joined
- Tue, Jan 10, 2017, 10:57 AM UTC
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- 17 items
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About ringtail
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Recent public activity
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Comment #16180126
Are you paying 5+ digits tax and in the process of moving ? Then yes you can get the same special treatment while paying fraction of what you used to pay.
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Comment #15837721
The rule applied to every company. Its not even hard. Its as simple as it can get. Hows that state aid ?
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Comment #15666610
> no other developed country in the world has a corporate tax system like the US. Are you sure ? Most of the developed world tax resident individuals and corporates on worldwide in…
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Comment #15251082
Its very high consumption tax. Effective, implementable but harder to get public support for. Cost of living (CoL) would rise. High corporate tax means high CoL. Every percentage i…
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Comment #15250485
Banning 2 corporations is one thing and banning all offshore corporations another. Would citizens go along with this ? Never.
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Comment #15250074
National Security is different matter. Even that can only be done to few countries. Can US or any other country do it whole world ? I highly doubt it.
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Comment #15249983
A reasonable effect is also companies moving around somewhat to get closer to business rather than close to low taxes. Why ? The payroll will increase even if profit remains the sa…
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Comment #15249607
The US->Ireland->EU thing is exactly what's going on now, and exactly what proposals like this are trying to address. Thats why gave this example to show that it does not work as p…
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Comment #15249266
But you are not increasing prices. Taxes gets passed on to consumers because companies do not take hit on profit margin just because of different tax rates. So lets assume €10M is …
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Comment #15248673
Thats easy to avoid. US Co will sell to Ireland Co which in turn will sell in UK/France. Since Ireland legally allows to go profit as low as 0.05%. UK/France is not getting much. A…
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Comment #15248263
In my understanding what you are saying is, a country will tax profit on revenue generating from its own territory by its own tax rate. For the sake of simplicity, assume 100% prof…
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Comment #15247516
Benefit of Sales/Stores are insignificant compared to proposed tax liability. All these can/will be outsourced the moment it becomes reality. How would EU calculate profit share be…
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Comment #15247362
Hmm thats effectively consumption tax of very significant rate (eg 33%).
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Comment #15247110
But what do you mean by "leaving a market" ? MNCs have been doing restructring for decades for reasons ranging from regulations to taxes. If Google do leave EU, all it will do is l…
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Comment #15245835
Are you saying Singapore Co cannot receive payments from French consumers unless they pay corporate income tax to French Govt ? In other words, you are saying EU can deny its citiz…
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Comment #13559717
Any real world success & failure stories I can read upon ? > Some EU countries have tax laws that look through said structures, attributing earned income to the shareholders. That'…
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Comment #13559298
Is there a reason to not go BVI/Nevis IBC route for a small online startup ? The no accounting/record-keeping requirement should look appealing to many, beside 0% tax :).