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0 pointsajsnigrutin4y ago0 comments

> if you spend more than you make that year

Yes, sure.

But if you start another company in eg. cayman islands, then transfer your patents to that company, then that company charges you fees for those patents, and you earn zero on paper in your home country, and a lot in a country with very low taxes, you avoided the taxes in your main country. This is something large companies can afford to avoid paying the same tax rates as smaller ones do, while using the same (or even more) of the infrastructure that is paid by those taxes.

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vmception4y ago· 2 in thread

yes, that also happens. this is one area that the US makes extremely difficult for its tax persons, and even large US companies can only do these economically unsubstantive transactions on their offshore earnings (unless it relies on lying).

So there is a lot that other countries can try to legislate where the Double Irish With a Dutch Sandwich and other permutations have limited efficacy.

from your country's perspective, I don't know.

corford4y ago

The US may make tax avoidance difficult for its persons but it certainly doesn't have a problem facilitating it for non US entities.

vmception4y ago

very true! its more like it bullies everyone into having capital within the US

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