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Re:Jeff Bezos comes out in support of increased corporate taxes by sokoloff on Wednesday April 07, 2021 @07:13AM (#26723189)
How does international trade work under such a system? Does my iPhone get taxed as 100% profit with no allowance for cost-of-goods-sold?

If a country doesn’t make automobiles or refrigerators, are those taxed as if they were pure profit for the retailer? It’s not like a local retailer is going to manufacture even refrigerators, let alone cars or phones.

Re:Jeff Bezos comes out in support of increased corporate taxes by mcv on Wednesday April 07, 2021 @07:55AM (#26723521)
Countries could decide they have enough in common in terms of taxes and trade that they calculate this over all those countries combined, as long as they exclude tax havens and other countries that seem to take a parasitic advantage of the markets of other countries.