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Originally Posted by SteveEisenberg
Figuring out what countries account for which corporate outputs is complex. One reason the existing corporate tax codes are complex is because of the provisions in past laws attempting to curb avoidance.
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Steve, I didn't write that comment to which you were replying. But since you attributed it to me, I'll chime in and say that it isn't as hard as you think. There are articles which break down how much a certain multinational is making in various parts of the world. So if a journalist can do it, so can the politicians. The companies in question are also public companies, so a lot of information is readily available.
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AFAIK, every proposal for cracking down on tax havens has its own loopholes, or other disadvantages (for example, replacing corporate taxation with a national sales tax would favor the wealthy and turn the US into a tax haven).
Every word of tax law changes will be parsed by companies with highly aggressive tax avoidance departments to find new loopholes. Other companies will have different priorities. See: CEO Integrity and Tax Avoidance
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That doesn't mean the politicians shouldn't try to effect change. So let the companies keep trying to find new loopholes. The politicians should then move to close those up eventually too.
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Laws work best when most people agree with them, and adherence comes more from socialization than enforcement.
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Is this really relevant in this thread? Amazon is not breaking any laws.
--Pat