Countries can unilaterally have taxes based on the share of total company profit... | Hacker News

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		LiamMcCalloway on Nov 8, 2017 \| parent \| context \| favorite \| on: Paradise Papers: Dear Tim Cook Countries can unilaterally have taxes based on the share of total company profit generated in the country, rather than just profit in the country.

thomasahle on Nov 8, 2017 [–]

That doesn't prevent companies from moving all profit generation out of all countries but the lowest taxed.

Maarten88 on Nov 8, 2017 | [–]

Good luck Apple selling iPhones in Jersey. They'll need to sell everyone hundreds of iPhone X's there to keep profits up.

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