While I love this sort of comment for the possible implication that the current system doesn't suffer (or seek?) massive double non-taxationhttps://twitter.com/DanNeidle/status/851921488189980673 …
& If e.g. 'selling stuff in a shop'= example of real activity why wld selling iphones in Apple shop create more local profit than selling...
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...iphones in an authorized reseller? Looks like same real activity so ALP logic makes sense (as a relatively simple concrete example)
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So rather than the value being in the Caymans it actually derives from the sales and splitting the IP royalty on sales would be better ALP.
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