Comment Re:Tax everywhere (Score 1) 292
This is called a coordination problem: it will always be in an individual tax haven's best interest for all *other* countries to be part of a minimum-corporate-tax covenant, but abstain from it themselves. It is in the collective interest of all countries to have a shared minimum corporate rate to reduce overall tax avoidance.
Coordination problems are a great example of why the "free market" can't be a model for society. The Non-Libertarian FAQ explains much more eloquently
By the way, this isn't just Apple *or* Google: Vodafone, Goldman Sachs and Starbucks are all "tax efficient" through similar schemes.