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[–] CatNamedJava 1 point -1 points (+0|-1) ago 

This is the same reason why company have off shore profits thst they get blame for not paying taxes on. Same thing. They make the profit abroad pay whatever tax the local government femands rhan get a tax bill from the US.

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[–] HoneyNutStallmans [S] ago  (edited ago)

Taxation of persons and incoporated entities can be quite different. I don't know too much about business taxation so I would like someone else to fill me in.

What's ridiculous is that US citizens abroad are taxed out the ass while domestic entities doing business in the United States can shuffle things abroad and then end up paying nothing to the USG.

Personally I believe that the USG should not be meddling in the affairs of any money handled abroad.