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 suifbwish on Monday May 24, 2021 @05:13PM (#27269786)

Would it really be that difficult for a big company like Google or Facebook to operate from a fleet of floating data centers in international waters utilizing dedicated satellites for connectivity? If you denounce your citizenship and do not declare a new nationality you are only bound by maritime law.

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Re:U.S. Backs 15% Global Minimum Tax to Curb Profit Shifting... by topicseed on Monday May 24, 2021 @06:17PM (#27270342)

In a situation like that, the place if effectice management and/or the central management and control would probably be how the tax residency is decided.

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Re:U.S. Backs 15% Global Minimum Tax to Curb Profit Shifting... by atatatat on Tuesday May 25, 2021 @01:04AM (#27272768)

By who?

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Re:U.S. Backs 15% Global Minimum Tax to Curb Profit Shifting... by topicseed on Tuesday May 25, 2021 @03:30AM (#27273940)

By whichever jurisdictions that believe the company owes them taxes.

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