Harf

What do you think about the Global minimum tax being discussed at the G7?

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22 posts in this topic

Corps can run but they can not hide - right?

Or does it work like the Paris CC agreement where America pays its fair share and everyone contributes a little?

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15% is a whole lot less than what the dems want here in the states.  Why would that number keep businesses in the states?

Cabo

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15 mins ago, Cabo2005 said:

15% is a whole lot less than what the dems want here in the states.  Why would that number keep businesses in the states?

Cabo

How do they enforce this on small counties that decided on low taxes?

Or Russia or China?  My guess is that in these countries Russian and Chinese accountants will simply use local accounting practices and declare conformity.

 

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Just another tax payer burden.

Corporations don't pay taxes, their customers do.

This is just a money grab by the global elite.

Any word on where the money will go?

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15% global tax hmmmm ...now 15% gets past to the consumer  ....thanks Joe just add it on to the rest of the tax heap ...no one will pay more tax unless over $400k LOL LOL LOL 

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2 mins ago, Harf said:

JUST IN - Biden, Johnson commit to a 15% global minimum tax amid talks of exemptions for China.

Of course China will be exempt.  Biden is Xi’s little bitch.  Gropey racist joe will do what his communist overlord instructs 

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On 6/9/2021 at 1:37 PM, Steve_in_PA said:

How do they enforce this on small counties that decided on low taxes?

Or Russia or China?  My guess is that in these countries Russian and Chinese accountants will simply use local accounting practices and declare conformity.

 

yes. Like currency manipulation.

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Where will they be keeping collected taxes?  Each country keeps whatever they collect?  Then how long before a system of tax credits & rebates develops to attract businesses?

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