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A comment on U.S. Backs 15% Global Minimum Tax to Curb Profit Shifting Overseas. Parent comment

Re:U.S. Backs 15% Global Minimum Tax to Curb Profit Shifting... by alpha42 on Monday May 24, 2021 @12:52PM (#27266685)
> Is the IRS a global institution now?

In their own minds, they always have been.

I also find it funny that a country that can't even level-set taxation within it's own 50 territories wants to dictate taxation for the world now.

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Re:U.S. Backs 15% Global Minimum Tax to Curb Profit Shifting... by tonfa on Monday May 24, 2021 @01:01PM (#27266835)
> I also find it funny that a country that can't even level-set taxation within it's own 50 territories wants to dictate taxation for the world now.

Historically that proposal was pushed by EU states and the US wasn't onboard. It's recent development that the US agrees to it.

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