Policy makers basically gave up fighting tax evasion.
The Future of Capital Mobility
Samuel Hammond
675

I would not call the practice tax evasion. If a multi-national earns revenues in a different country, there is no requirement to repatriate such profits, and such activity is most certainly not tax evasion by its definition.

This implied labeling of a lawful trade practice overlooks the real reasons driving tax rates down, and undermines the credibility of the entire article.