>> If the tax law says if you do Foo with shell company Bar through subsidiary Baz, then you get more money, legislators wrote that there for some reason because they wanted to encourage or discourage some behavior.
But the law doesn't say that. It says if you don't have any profits then you don't pay tax, so the company sets up another company in another place and charges the initial company all of its money for "branding services".
This was very clearly not the intent of the law, it's a dodge and the people doing it know it's a dodge.
But the law doesn't say that. It says if you don't have any profits then you don't pay tax, so the company sets up another company in another place and charges the initial company all of its money for "branding services".
This was very clearly not the intent of the law, it's a dodge and the people doing it know it's a dodge.