Re:Yellen calls for a global minimum corporate tax rate
by whytaka on Monday April 05, 2021 @03:16PM
(#26703319)
Doesn’t that just further incentivize using corporations as tax avoidance vehicles?
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Re:Yellen calls for a global minimum corporate tax rate
by coredog64 on Monday April 05, 2021 @03:34PM
(#26703547)
The IRS already takes a very dim view of people trying this. There are still some avenues for avoidance at the margins (e.g. meals for the benefit of the employer), but in many cases the IRS has already closed the loopholes.
Re:Yellen calls for a global minimum corporate tax rate
by notahacker on Monday April 05, 2021 @04:11PM
(#26704016)
The IRS gets to take a very dim view of people trying this because it audits corporations for tax purposes.
If corporate tax is zero their ability to investigate companies sending money to each other to buy yachts is diminished