Using shell companies to move around profits might not be illegal, but it should be. This is the same trick movie studios use so that massively profitable films somehow "lose" money.
It'd probably be easier just to look at other ways of taxation, though, like ending income taxes and moving to consumption taxes only. I, for one, would be perfectly happy with a 25-30% GST if my income tax went to nothing at the same time. However I would suspect I would be in the minority there, as people would rather have invisible taxes than visible ones, even if the latter are more efficient and thus less of a burden.
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Better educated sadness than oblivious joy.
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