OK great, but super-rich are also super-slippery when it comes to escaping taxes by moving assets abroad - so we need a global agreement about this - what’s the process to make it happen ?
Companies have to be owned by real people directly and foreign companies are not allowed to operate in the country. They have to set up a new separate company in the country, which then pays taxes. The rest can be done using minimum taxes and being hard on tax heavens.
OK great, but super-rich are also super-slippery when it comes to escaping taxes by moving assets abroad - so we need a global agreement about this - what’s the process to make it happen ?
I believe the French invented a great process to deal with this exact situation
Companies have to be owned by real people directly and foreign companies are not allowed to operate in the country. They have to set up a new separate company in the country, which then pays taxes. The rest can be done using minimum taxes and being hard on tax heavens.