Ahh, that helps me understand better. Hard to be completely clear in a global context though.
Nike, for example, has a company in a tax haven that owns the intellectual IP for "the swoosh". It receives payments from other Nike companies for the "right to use".
That loophole has to exist, as any company, in any country, could be an IP holder.
> That loophole has to exist, as any company, in any country, could be an IP holder.
Exactly, that's why it's probably more useful to appeal to conscience then trying to enforce compliance through regulation.
In the case of multinational corporations that might be a lost cause, but these corporations are also just made up of real people, so there's still a very slim chance.
The other alternative would be a straightforward global taxation system, eliminating a lot of the "multinational" loopholes.
But that sounds awfully a lot like a "World Government" and people who don't like paying taxes usually ain't exactly keen on NWO sounding ideas either.
Nike, for example, has a company in a tax haven that owns the intellectual IP for "the swoosh". It receives payments from other Nike companies for the "right to use".
That loophole has to exist, as any company, in any country, could be an IP holder.