Maybe developed countries should agree on minimal profit tax for multinationals?
E.g. 10% of profits for companies that have revenue larger than X mln / year?
Right now it's race to bottom and there will be another loophole. So much of energy of smart people goes to tax minimization instead of finding a useful way to reinvest those money.
E.g. 10% of profits for companies that have revenue larger than X mln / year?
Right now it's race to bottom and there will be another loophole. So much of energy of smart people goes to tax minimization instead of finding a useful way to reinvest those money.