144 nations favor a minimum tax of 15% on corporate profits
Wonder how those corporations are going to squeeze their production factories onto those tax-haven islands in the Caymans and Guernseys.
80-89, M
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MarkPaul · 26-30, M
Hopefully, they will come to the realization they should just pay. Obscene profits isn't ideal.
dancingtongue · 80-89, M
@MarkPaul Best part is that there will be a pro-rated sharing of the tax in all nations where they operate -- not just on where the corporate headquarters are. Sorry about that Elon Musk. BTW, that should have been 136 nations not 144. But they represent more than 90% of the global markets for the multi-national corporations.