Earlier quoted context omitted.
I'm not sure it's so easy. If you own 51% of a company, which owns a slice of a company, which does business in America, does this grant uncle same the right to collect 5% of your profits? Sounds pretty imperial. Here's another idea though: Arrange things so that the taxes owed depend on the goods sold, not on any ownership structure. Don't sell goods in the US? No problem. Sell mostly in the US? Who cares about your…
>I'm not sure it's so easy. If you own 51% of a company, which owns a slice of a company, which does business in America, does this grant uncle same the right to collect 5% of your profits? Sounds pretty imperial. Well, you run into that kind of issue when you allow spontaneous incorporation. If anything, incorporation should likely be handled a bit more like immigration in the sense you recognize an entity incorpora…
Re: Facebook tax court trial begins over Ireland offshore deal
#331I think you are saying that buying or selling shares should be as difficult as immigration? Or only if the buyer and seller are in different countries?