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US, Argentina agree to exchange country-by-country reports on multinationals

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Re: US, Argentina agree to exchange country-by-country reports on multinationals

#21
post #20

Earlier quoted context omitted.

I'm guessing you haven't actually been to Boise? It has a huge immigrant population. Lots of Latinos, but also folks from all over Asia and Europe to work at Micron. It also has an ever-growing number of Californian expats.

Boise ranks #4 on "Percentage of population that's white" https://en.wikipedia.org/wiki/List_of_United_States_cities_b...

I'm a non-white non-immigrant in the US. They're not mutually exclusive. That's why I edited my sibling comment to include a source listing that Boise is also very low on the percentage of immigrants in the population, both in the city and metro area (MSA).

https://www.migrationpolicy.org/programs/data-hub/charts/us-...

Re: US, Argentina agree to exchange country-by-country reports on multinationals

#22
post #20

Earlier quoted context omitted.

Boise ranks #4 on "Percentage of population that's white" https://en.wikipedia.org/wiki/List_of_United_States_cities_b...

I'm a non-white non-immigrant in the US. They're not mutually exclusive. That's why I edited my sibling comment to include a source listing that Boise is also very low on the percentage of immigrants in the population, both in the city and metro area (MSA). https://www.migrationpolicy.org/programs/data-hub/charts/us- ...

Well, yes, but it's doubtful that "immigrant friendly" results in that kind of demographics (89% white). I understand it's a correlation, but...

Re: US, Argentina agree to exchange country-by-country reports on multinationals

#23
post #14

This data should be shared by all countries on an open basis.

Yeah, beauty pageant are going to start asking for this instead of world peace. Dream.

There's at least an obvious solution to this problem even if it's unlikely to happen. A far more practical dream worth bringing up every time.

Re: US, Argentina agree to exchange country-by-country reports on multinationals

#25
post #14

This data should be shared by all countries on an open basis.

Aren't you concerned about privacy implications? I am glad some people don't have this totalitarian thinking and will never have: https://www.youtube.com/watch?v=ltb3lJCd1mA I highly recommend all videos by Nomad Capitalist.

Re: US, Argentina agree to exchange country-by-country reports on multinationals

#27
post #25
post #14

This data should be shared by all countries on an open basis.

Aren't you concerned about privacy implications? I am glad some people don't have this totalitarian thinking and will never have: https://www.youtube.com/watch?v=ltb3lJCd1mA I highly recommend all videos by Nomad Capitalist.

Can you please not mention Nomad Capitalist?

The person running that business is a known scam artist.

Here is a discussion about his schemes: https://www.sitejabber.com/faq/nomadcapitalist.com/has-anyon...

Here is a Reddit page about him: https://www.reddit.com/r/digitalnomad/comments/6wl962/is_and...

Here is someone who created a whole website stating his scheme: https://nomadcapitalistscam.com/

Reviews page with revealing information: https://www.sitejabber.com/reviews/nomadcapitalist.com

Thank you for understanding.

Re: US, Argentina agree to exchange country-by-country reports on multinationals

#28
post #25

Earlier quoted context omitted.

Aren't you concerned about privacy implications? I am glad some people don't have this totalitarian thinking and will never have: https://www.youtube.com/watch?v=ltb3lJCd1mA I highly recommend all videos by Nomad Capitalist.

Can you please not mention Nomad Capitalist? The person running that business is a known scam artist. Here is a discussion about his schemes: https://www.sitejabber.com/faq/nomadcapitalist.com/has-anyon... Here is a Reddit page about him: https://www.reddit.com/r/digitalnomad/comments/6wl962/is_and... Here is someone who created a whole website stating his scheme: https://nomadcapitalistscam.com/ Reviews page with re…

I upvoted you, but his videos are mostly factually valid. I have not tried to do business with him. I am arguing about facts he presents and lifestyle he describes, not his personality or business scrupulousness.

Re: US, Argentina agree to exchange country-by-country reports on multinationals

#29
post #15

Earlier quoted context omitted.

I don't think you should get downvoted, it's a good question. I live in Buenos Aires, and there is definitely a general perception that the country is hopeless. But for some reason we do get a fair share of immigrants from more prosperous countries such as South Korea and China. There's also a lot of people coming in from Africa, mainly Senegal from what I've heard.

China still has huge wealth disparity. So, while China might seem overall more prosperous than Argentina, Chinese emigrants are often from parts of the country with a standard of living below Argentina's.

Yeah. Even with massive infrastructure investment you still hear stories like children climbing 800m on vines to go to school.

https://amp.cnn.com/cnn/2016/05/27/europe/china-children-edu...

And there are other reasons to move too, like air quality, a pressure cooker educational system, extremely high housing cost as a multiple of salary...

Re: US, Argentina agree to exchange country-by-country reports on multinationals

#30
post #14

This data should be shared by all countries on an open basis.

But why? Transfer pricing regulations are just countries fighting each other over where taxable value was created. Making them more complicated only harms SMEs who already pay a far greater portion of corporate tax revenue than they should. It just a very ineffective attempt to fight the capital flight caused by double taxation. Perhaps if profits were only taxed once there wouldn't be a capital flight problem to begin with. Maybe companies would even start paying dividends again...
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