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However, the resistance shown by OECD countries to the creation of a UN intergovernmental tax body has been unacceptable – it is their multinationals that lead the list of tax avoiders, after all – and reasserts the current undemocratic and unfair status quo.
Americans, with lower taxes, are also upset about their multinationals getting away with tax murder abroad, legally.
Most industrialized countries use a territorial system (among the G-8 the U.S. is the only one with a worldwide system) for their multinationals in which the home country exempts all or most of the firm's foreign earnings from taxation.
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In recent years their multinational companies have borrowed dollars offshore via overseas subsidiaries.
They make menacing virtue of their multinational structures, threatening uncooperative states with taking their business elsewhere.
The governments of Ireland, Luxembourg and the Netherlands claim they have done nothing wrong, but they are on the back foot, as are their multinational partners.
Mr. Harvie drew a parallel with a debate over the tax liability of companies, like Starbucks, that use their multinational status to reduce corporate tax bills.
But large agencies have wanted to move anyway, he added, to accommodate communications and computer equipment necessary to coordinate their operations with those of their multinational clients.
BRUSSELS — It was a show of force in keeping with the ambitions of American law firms that increasingly see the European Union's vast apparatus as a vital lobbying opportunity for themselves and their multinational corporate clients.
At the same time, the limited set of producers that survived grew, and with prodding from Walmex they became more efficient and innovative, adopting innovations first introduced into the market by their multinational competitors.
But it is also a China that is trying to become more self-sufficient, with homegrown manufacturers presenting their own designs as well as the cars of their multinational partners.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com