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dlukton
Nomad Capitalist
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Comments by "dlukton" (@dlukton) on "Are International Business Companies in Tax Havens Dead?" video.
The information in this video answered some of the questions I've had (for some time) about IBC's.
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@jeremyleonbarlow Your various comments are among the most enlightened I've ever seen in response to one of Andrew Henderson's videos.
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If the US government tried to squeeze more money out of those corporations, they'd keep even more money offshore, they'd hire fewer Americans, they'd charge higher prices, and... some of them might even decide to become domiciled in another country entirely. There is no free lunch here.
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@jeremyleonbarlow I've actually heard a different take on the effects of the 2017 (the Tax Cuts and Jobs Act); namely that the TCJA made the whole business of international taxation more complex (from the perspective of US companies), but... that the complexity works TO THE ADVANTAGE of the giant multinationals, while at the same time working to the DETRIMENT of the smaller offshore companies (that are owned by Americans).
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@jeremyleonbarlow Thanks for the response.
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