[vetinari]

Putting my accounting hat on.

It is simple concept, but its implementation is not.

What does "make a certain amount of money in a certain country" mean? EBT? (Earnings before taxes?) Well, we have this revenue from this country, we are buying intercompany services (without market subsitute)[1], so let's price them in the same amount as the revenues... And bam, there you have profit of 0 and all earnings exported to tax haven.

The entire point is, that is is not easy to define, what should be taxed. Sales or revenues are not profit. You still have to provide whatever you sold and the costs are tax deductible. For all companies, not just the big ones.

[1] It is called transfer pricing and it is checked by tax authorities.

Accounting hat off