"Tax codes" in strongman-ruled countries, juntas, and dictatorships usually involves bribing the tax official with a small amount of money compared to the profits obtained by that company when the official looks the other way.
For multinationals, a "business-friendly environment" usually means making the tax laws so that the multinationals pay as little to nothing as possible while they make big profits.
Or that's my cynicism showing, but it's usually a pretty good rule of thumb when it comes to those corporations, from what I've seen.
![[community profile]](https://www.dreamwidth.org/img/silk/identity/community.png){kind=small}
![[personal profile]](https://www.dreamwidth.org/img/silk/identity/user.png)
malionette
no subject
Date: 2012-01-23 05:25 am (UTC)For multinationals, a "business-friendly environment" usually means making the tax laws so that the multinationals pay as little to nothing as possible while they make big profits.
Or that's my cynicism showing, but it's usually a pretty good rule of thumb when it comes to those corporations, from what I've seen.