Great summary, I&#x27;d like to add<p>&gt; while not dis-incentivising multi-nationals from doing business in each country<p>I&#x27;d argue that the incentive to do business in several countries is the profit they&#x27;re making in those countries. No company is going to walk away from a company because they&#x27;re being charge x% of tax on the money they earn. They might say they will, but they may as well be saying this...<p>&quot;Because I don&#x27;t want to pay you $1, I will reject the $5 this other person is going to give me.&quot;