: Trump administration’s licenses come with an IOU
  • cyrano@lemmy.dbzer0.comEnglish
    1·
    1 month ago

    2 possible outcomes I foresee:

    • Move the headquarters overseas as at least then you only get hammered once.
    • Split manufacturing so that domestic product is produced locally and you build a second factory offshore to make goods for non-domestic customers.
    • Alphane Moon@lemmy.worldOPMEnglish
      1·
      1 month ago

      I believe option 1 is not viable due to political risks and option 2 is irrelevant; the 15% isn’t actually an export fee. It’s just 15% cut of all revenues derived from sales to China.

      • cyrano@lemmy.dbzer0.comEnglish
        2·
        1 month ago

        It can be done in the next three year window quietly. Look at Ireland and the pharmaceutical/tech setup there were no corporate announcement for the tax optimization