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Old 06-28-2013, 09:16 PM   #86
elcreative
Wizard
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Frankly if the law doesn't work fairly then it's time to get on to our legislators and get them to change things... this is happening in the UK. Personally I believe that money earned in any country should be subject to the tax regime of that country. Warping the way a company handles this procedure, so that profits can be moved out to a subsidiary in a lower tax regime, should be stopped... we should at least have a level playing field on taxation for large and small businesses which these transfer arrangements block...
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