It's already being done indirectly. Underground aquifers carry water a long way. Nestle swung a deal with the town of Evart and the State of Michigan to pump 130 million gallons of water a year for bottling their Ice Mountain brand. They pay the State $200 annually for the right to plunder.
The corporation does pay property and business taxes and their employee's pay all the usual taxes and contribute to the local economy, but it's still a horrible deal for Michiganders. The resource belong to the people of Michigan and has devastated the Twin Creek River fishery. Evart is a poor town and was behind it because they wanted the jobs, but the bulk of them are at the bottling plant in an adjacent county. I think they only employ about 50 people at the pumping station and truck the water to the plant. Evart got hosed and Nestle got richer...