Offshore tax tricks likely saved Tesla hundreds of millions

declan_roberts

It's funny you can take something that every major multinational company does and slap "Tesla" on it and then write a whole news story. > The practice, while controversial, is a common maneuver through which multinational corporations use loopholes in tax law to save money by moving profit from one jurisdiction to another with more favorable tax rules. “It’s not the way the international tax system should work,” Yes but that is how it works and it can be changed at any moment in the US Congress. There seems to be bipartisan support for it working this way, in fact.