Lovely in theory. The first image is so simplistic it is amusing: yes, when a company has an entity called Profit Syphon Inc elsewhere it is nice and simple. But sadly... that never happens!

How does the EU know what something is worth? Or what value is added at what point in the chain? Is making a car in Mexico allowed or not? Starbucks gets its coffee beans processed abroad and then sells the finished product to individual companies - so most money is in the preparation. Is this allowed? If not why not?

What is Intellectual Property worth? Or patients? They will remain owned by some company in the Seychelles and charge 10% of all revenue worldwide.

And lastly - if the entity in the EU has no money, how exactly can you tax it? All the sites in the EU are separately owned distributors.

Oh, and let's not forget countries such as Ireland are on the side of the Companies and are actively fighting these changes.