[buboard]

the exact next line is rather underwhelming:

> This shifting reduces corporate income tax revenue by nearly $200 billion, or 10% of global corporate tax receipts.

Companies sometimes have to shift profits through tax heavens because many 'proper' countries are too bureaucratic when it comes to things like IP or international profits handling. "Multinational" no longer means that it's a megacorp - we live in a connected globe. Perhaps we should talk about why tax compliance is such a big burden for mid-size businesses.

Seems Germany is losing more than everyone