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jt2190today at 8:44 PM2 repliesview on HN

Is the Norwegian government’s theory that a modern company might never realize their gains, and avoid taxation indefinitely, and thus this is a forcing mechanism to extract some tax revenue?


Replies

decimalenoughtoday at 8:51 PM

The wealth tax targets millionaires who structure their income so they don't pay income or corporate tax, but can't avoid owning assets like company shares and property. Loss-making startups with unicorn level valuations are a tiny edge case.

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LanceHtoday at 8:51 PM

I don't know how a company could avoid all taxes. They say that Amazon does, but that's only the corporate income tax, surely they are paying billions in payroll, property, energy, and other taxes.

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