Comment: Re:Wrong question (Score 1) 307
When you see wind farm tax breaks, do you get upset about wind power generation companies taking advantage of tax laws?
No, because that is the intention of the law.
When companies make deductions for expenses in foreign countries, the intention is not that they create fake expenses in tax heavens that exactly match the profits they make elsewhere.
The intention is this: If they actually produce value in other countries, the profits from that value should be taxed there.
Example:
1: An American company deducts a million dollars for having a subsidiary with 10 programmers in Germany = OK
2: Same company deducts 100 million dollars for having a subsidiary in the Cayman Islands that does nothing but send invoices for 100 million dollars = NOT OK