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by JuniperMesos 40 days ago
Why is it shocking to suggest that multi-national companies deliberately arrange to have their headquarters in a legal jurisdiction that has favorable tax laws for them? This makes perfect sense and it's something I would consider doing myself if I was starting a company.
1 comments

its one thing to actually put your headquarters somewhere. Quite another to use tricks to put your "headquarters" somewhere, and the office where you and most of your employees go to work halfway across the world.

And what of incorporating somewhere, having your headquaters somewhere else, having your main office in a third place, and this all owned by a shell company in a fourth place, with all your assets owned by a fifth company, which rents it back to you for extortionate rates, your EU subsidiary in a sixth place, the actual EU offices in a seventh place, etc etc etc.

Thats not even approaching the trickery and deceit that is accepted as completely normal - let alone the ones that actually get in trouble

Do these sorts of things have legal benefits for the companies involved? (yes)

If I had a company over a certain size, I'd probably do it too. But it has sharply negative consequences for the rest of society, and for trust in the system in general.