[KennyBlanken]

> . They do this by splitting themselves into multiple shell companies, then play dodgy games of selling things to themselves at stupid prices: charge one subsidiary a few dollars for a missile and another $50k for a roll of toilet paper.

I was under the impression that the vast majority of it was via collecting "royalties" for the branding? Ie: a company's trademarked brands are owned by a holding company HQ'd in a tax shelter, and the parent company pays a licensing fee that just so happens to equal most if not all of their profits for the year.

It seems like it'd be pretty trivial to target via a tax on payments for intellectual property royalties to offshore corporations or a law that deems it tax evasion to pay IP royalties to a holding company outside the US for a corporation that is primarily operating in the US and Canada.