We use cookies to provide some features and experiences in QOSHE

More information  .  Close
Aa Aa Aa
- A +

How Can We Tax Footloose Multinationals?

15 18 10
13.02.2019

NEW YORK – In the last few years, globalization has come under renewed attack. Some of the criticisms may be misplaced, but one is spot on: globalization has enabled large multinationals, like Apple, Google, and Starbucks, to avoid paying tax.

Feb 8, 2019 Nouriel Roubini explains why the global outlook for the coming year will depend on a broad range of interrelated factors.

Jan 24, 2019 George Soros sounds the alarm about the surveillance-state authoritarianism being pioneered by Xi Jinping in China.

Feb 11, 2019 George Soros argues that the EU cannot be saved without transforming its political party systems.

Apple has become the poster child for corporate tax avoidance, with its legal claim that a few hundred people working in Ireland were the real source of its profits, and then striking a deal with that country’s government that resulted in its paying a tax amounting to .005% of its profit. Apple, Google, Starbucks, and companies like them all claim to be socially responsible, but the first element of social responsibility should be paying your fair share of tax. If everyone avoided and evaded taxes like these companies, society could not function, much less make the public investments that led to the Internet, on which Apple and Google depend.

For years, multinational corporations have........

© Project Syndicate