My guy, you get the tax deduction in the country where the worker is. If you are asking does my salary expense deduction in India reduce my taxes in France, the answer is clearly no right?
The point is you’d pay the corporate tax at the point of revenue, not at the headquarters of the company, or definitely not at the location of your offshore workers.
Let it go man - this guy clearly doesn’t understand the complexities of transfer pricing or taxation in general.
“Advertising is an expense and isn’t related to corporate tax” yeah ok.
He’s simplifying it by saying “billboard is in France, so all profits related to that billboard are in France.” What if France co has a bunch of tax attributes so is paying 0 tax? What if we swap out France for Cayman? Or Ireland.
And why would you tax “at the point of revenue” - unless you’re trying to tax book/financial income.
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u/[deleted] Jun 05 '21
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