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A comment on Janet Yellen to call for global minimum corporate tax rate of 21%. Parent comment

Re:Janet Yellen to call for global minimum corporate tax rat... by gruez on Monday April 05, 2021 @04:48PM (#26704511)
That'd make sense if delaware had a low corporate tax rate, but it doesn't[1]. If you wanted to relocate your profits to a low tax jurisdiction, you'd want something like north carolina (2.5%) not delaware (8.7%).

[1] https://taxfoundation.org/state-corporate-income-tax-rates-b...

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Re:Janet Yellen to call for global minimum corporate tax rat... by logifail on Tuesday April 06, 2021 @03:29AM (#26709072)
...because [under the "loophole" / arrangement we're discussing] Delaware doesn't tax (any of!) the income from those intangible assets[0]?

https://udel.edu/~pollack/Downloaded%20SDP%20articles,%20etc...

> if delaware had a low corporate tax rate

Hard to set the corporation tax rate (for income on intangible assets) any lower than zero.

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