Conversation
Notices
-
LinuxWalt (@lnxw48a1) {3EB165E0-5BB1-45D2-9E7D-93B31821F864} (lnxw48a1@nu.federati.net)'s status on Friday, 08-Oct-2021 20:55:32 UTC LinuxWalt (@lnxw48a1) {3EB165E0-5BB1-45D2-9E7D-93B31821F864} https://www.bbc.co.uk/news/business-58847328
Leaders of over 100 nations agree to 15% minimum corporate tax rate, some limits on profit-shifting.
Just from what I read in the article, I'm convinced the rate is too low, and that the pact will fail to produce the desired results. Specifically, I believe corporate taxes should be on a unary system (allocated by where the related activities take place). So if #Apple makes most of its profit by selling iDevices in the USA, regardless of its profit-shifting techniques, taxation belongs here.
!econusa