U.S. Backs 15% Global Minimum Tax to Curb Profit Shifting Overseas

Re:U.S. Backs 15% Global Minimum Tax to Curb Profit Shifting... by disabled on Monday May 24, 2021 @12:52PM (#27266673)

That is correct, and many of my family members are American accountants and/or CPAs. I suspect that this individual is mixing "fraud and abuse" for "things I don't like and/or agree with paying Uncle Sam [the US government taxman] for". But, that is just a part of life for just about everyone who pays taxes.

If the above individual wants to see widespread corruption, you may want to check out some European Union countries that have this culture. Croatia is a good example, where nepotism is the modus operandi, as in whom you know will get you places in society. Bulgaria is also a great example.

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Re:U.S. Backs 15% Global Minimum Tax to Curb Profit Shifting... by foobarian on Monday May 24, 2021 @12:59PM (#27266803)

> Croatia is a good example

When I think of a country like Croatia, I like to compare it to some locale in the US with a similar total pop (4-5M?). Things start to make more sense then, that's a smallish metro region where that kind of networking is more common.

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Re:U.S. Backs 15% Global Minimum Tax to Curb Profit Shifting... by sagarm on Monday May 24, 2021 @01:18PM (#27267069)

> nepotism is the modus operandi

It's pretty clear that a huge chunk of the US doesn't consider nepotism corruption, given the complete lack of repercussions to Trump for hiring his family into the White House.

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Re:U.S. Backs 15% Global Minimum Tax to Curb Profit Shifting... by disabled on Monday May 24, 2021 @01:48PM (#27267457)

Agreed. I am sorry that you are getting downvoted.

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