Taxation of MNC

摘要: Prior chapters have provided the background of structures that enable tax avoidance. Moving operations offshore alone does not reduce taxes. Transferring rights to exploit MNC’s intellectual capital in a buy-in allowed taxhaven, CONCH, collect earnings from foreign sales. Those are held offshore, and while shown on consolidated books, they subject US The value advisors, ATA, assigned share by CONCH was $50M, whereas simple average seven valuations performed Chap. 5 about $783M. ATA’s valuation for initial offshoring transaction is 6.4 % [F7.1]. resulting imbalance has effect MNC pays much less than we expect successful public company. financial at available subsequent investments, which will be subjected taxation if made offshore.