Hiding from the taxman
OPINION: Gareth Morgan on Rodney Hide's view that multinationals equilibrate their after-tax returns across all the markets they operate in. With special feature audio.
Lately, Rodney Hide has informed us that multinationals equilibrate their after-tax returns across all the markets they operate in. So, if one country (New Zealand for example), hikes up company taxes, then the multinationals simply invest elsewhere where the after-tax return isn’t so high. In
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Hiding from the taxman
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