Multinational companies are making a mockery of national tax policies. Countries have set up collection systems based on the pre-internet period. Everything today is mobile. People and money are flowing freely around the world. Google, Apple, Facebook and others are moving income from all their national operations to Ireland where the tax rate is ridiculously low. They inundate branches in other countries with mythical charges from head office, so profit is reduced to zero. Of course, in reality it is not zero. What countries should do is instigate a REVENUE TAX. This idea will shock and frighten CEOs. It is the last thing they want. Companies should be levied with either revenue tax or company tax whichever is the greater. Setting a revenue tax rate at a realistic 4 per cent will solve national tax collection problems. Companies will not be able to avoid paying some tax. Say a company has revue of $100 million. The tax payable on this would be $4 million. If
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