• xmunk@sh.itjust.works
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    1 year ago

    If you do business there they can tax you… companies are free to profit exclusively off the citizens of the Cayman Islands if that’s their choice.

    • HubertManne@kbin.social
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      1 year ago

      exactly. I think all countries to impose a corp tax on their total profits and the corps can deduct any tax they pay somewhere else (if its not reinbursed or some other shenanigan shit) with a minimum of having to pay the percent for all bussiness done in that country. great side effect is it would stop the race to the bottom.