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⍰ ASK Should Governments have the right to tax offshore companies and their financial assets?

Some argue that offshore companies and their financial assets should be subject to the same taxes as domestic companies and assets, as a way to level the playing field and ensure that all entities are contributing their fair share to the public good.

Others argue that offshore companies and their financial assets should not be subject to the same taxes as domestic entities, as this can result in double taxation and discourage investment.

Ultimately, the right to tax offshore companies and their financial assets is a decision that is made by each government and is governed by national and international laws and agreements.
 

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