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Last I checked the US tax code does this already. If the US tax rate is higher you pay the difference!

For individuals, not for corporations. Corps can keep their profits oversees, which operates like a 401k that you never need to withdraw from.

But aren't corporations in another country corporations of that country? They follow all the laws and rules of that country, not US ones.

When a European has dealings with Google they aren't dealing with Google Inc, they're dealing with Google Ireland Ltd.

I believe that's on personal income tax, not on global corporations.