Big business to be hit with 15% minimum tax by G7 – but will it end there?
According to a Fox News article from the 5th of June 2021, “Big Tech may face some of the most significant impact of a proposed 15% minimum corporate tax rate that finance ministers for the G7 nations meeting in London supported Saturday.” Of course big companies could simply try to work out other ways to move profits outside of the USA and other G7 countries to smaller countries and tax havens. However, if the Obama administrations bullying of Switzerland on the issue of secret bank accounts is […]
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