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RSS BotMB to Hacker NewsEnglish · 4 days ago

G7 agrees to exempt U.S. multinationals from global minimum tax

www.thehindu.com

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G7 agrees to exempt U.S. multinationals from global minimum tax

www.thehindu.com

RSS BotMB to Hacker NewsEnglish · 4 days ago
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G7 agrees to exempt US companies from global minimum tax, a win for Trump administration.

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  • vatlark@lemmy.world
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    4 days ago

    I was really optimistic about this tax, but if one of the largest economies gets an exemption then it kinda defeats the point.

    https://wikipedia.org/wiki/Global_minimum_corporate_tax_rate

    • WhatAmLemmy@lemmy.world
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      4 days ago

      If anyone gets an exemption it defeats the point.

      Loopholes for the wealthy is the point of most tax law.

  • 0_o7@lemmy.dbzer0.com
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    4 days ago

    “I will not be your 51st state, but I will still be your loyal pet”

    -Canada

  • Collatz_problem [comrade/them]@hexbear.net
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    4 days ago

    Europeans have less spine than lancelets.

    • 0_o7@lemmy.dbzer0.com
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      4 days ago

      And wasn’t Canada hyping up to stand up to US aggression with all its might.

      All that fake rage, just to crawl up to the same butthole.

      lmao

  • gheesh@lemmy.world
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    3 days ago

    🤮

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