Ireland cannot become the collector general for the world. We can only tax on profits generated in the country here.
Strengthening the role the United Nations can play...will require serious examination of the need to extend into the international arena the rule of law and the principle of taxation to finance agreed actions which provide the basis for governance at the national level. But this will not come about easily. Resistance to such changes is deeply entrenched. They will come about not through the embrace of full blown world government, but as a careful and pragmatic response to compelling imperatives and the inadequacies of alternatives.
I was an international tax specialist. Yeah, I was an international man of mystery and tax specialist.
A global tax body would give all countries - not just the rich and powerful - an equal say in how the global rules on taxation are designed.
Why do tax havens exist? Because rich countries allow them to. If the U.S. came down on tax havens in the same way they come down on countries that trade with Iran and Cuba, we'd have no tax havens in the world.
California has set up regional collection offices around the world, staffed by California employees, specifically for out of state California businesses to collect the money and bring it back to California.
My time in TNA, I was working extensively in the international side of things - India properties, the U.K. properties, Africa, all of that. So, I know the international business side quite well.
We are the only country in the world that taxes foreign earnings.
I think we have a tax policy that was designed before Microsoft even went public. I think we've got to change - we're at a huge disadvantage around the world.
If we want a stronger, cleaner, and fairer world economy, we need to deal with the controversial areas of globalisation, such as tax havens.
I pay taxes in three countries, but can't vote in any of them.
Business is global. Countries need to react to that; taxes need to be paid where profit arises.
I think it's smart for the United States to have some kind of tax revenue for international earnings - if that tax were reasonable.
Ultimately, developing countries and groups like Oxfam want to see a new intergovernmental body on cooperation in tax matters under the auspices of the United Nations.
The United Nations has long sought the ability to raise revenues in this manner as a means of reducing its reliance on American and other member nations' dues to sustain the UN's operations.
Undoubtedly Internet has reduced the possibilities of taxation. Why should I buy something here if I can buy it from a company in Japan or England or Brazil with a lower tax?
In those countries where income taxes are lower than in the United States, the ability to defer the payment of U.S. tax by retaining income in the subsidiary companies provides a tax advantage for companies operating through overseas subsidiaries that is not available to companies operating solely in the United States. Many American investors properly made use of this deferral in the conduct of their foreign investment.
Few Americans realize it, but the United Nations is driving to take control over the Internet. You remember, the folks who want a worldwide income tax and who put Syria and Iran on their Human Rights Committee.
There is a need for greater multilateral cooperation to resolve trade conflicts, to address climate change and risks from cybersecurity, and to improve the effectiveness of international taxation.
We have international organizations for health, trade, and football - even for coffee - but not tax. Why not?
