News for hackers. Stuff that matters.
Re:U.S. Backs 15% Global Minimum Tax to Curb Profit Shifting... by neither_color on Monday May 24, 2021 @12:59PM (#27266810)
It's similar to the clean energy debate. Rich countries telling developing countries that they cannot get rich the same way they did. It's more about securing their positions from competitors than actually helping the poor or whatever.

Also, every country that agrees to this minimum tax loses a bit of sovereignty, because if a member state needs to for example lower their rate to 14% or 10% in the future for a very good reason, they can't.

There are no comments on this comment yet.