this post was submitted on 17 Jul 2024
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Degrowth

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[–] benjhm@sopuli.xyz 8 points 4 months ago (2 children)

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 ?

[–] zcd@lemmy.ca 7 points 4 months ago

I believe the French invented a great process to deal with this exact situation

[–] MrMakabar 6 points 4 months ago

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.