Taxes that vanish into thin air https://www.mpg.de/11050673/taxes-that-vanish-into-thin-air
International corporations such as Apple, Starbucks and Amazon have for years successfully avoided paying tax on their corporate profits. Aided by the tax competition between states, they shift their money to countries that have low tax rates and guarantee to levy tax only on domestic profits. Our author explains why it is by no means easy for the international community to counter these tricks.
In 1998 the member states of the European Union agreed a code of conduct which paved