The agreement says the tax is going to be collected to the subsidiaries in countries that implemented the agreement. IANAL but one problem I see with Switzerland in particular is that they have a free trade agreement with the EU, so I think they could get away with officially selling goods and services directly through the main company in Switzerland and avoid having profits in their subsidiaries.
I didn’t mean restricting trade with other countries. Companies that partake in tax optimization using tax havens have subsidiaries in various EU countries. Wouldn’t they be seriously kneecapped if they were confined to operating in tax havens and tax haven tolerant countries only? It wouldn’t do much against some purely financial enterprises but companies like Google want to set up shop here for various reasons.
The agreement says the tax is going to be collected to the subsidiaries in countries that implemented the agreement. IANAL but one problem I see with Switzerland in particular is that they have a free trade agreement with the EU, so I think they could get away with officially selling goods and services directly through the main company in Switzerland and avoid having profits in their subsidiaries.
I didn’t mean restricting trade with other countries. Companies that partake in tax optimization using tax havens have subsidiaries in various EU countries. Wouldn’t they be seriously kneecapped if they were confined to operating in tax havens and tax haven tolerant countries only? It wouldn’t do much against some purely financial enterprises but companies like Google want to set up shop here for various reasons.