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A comment on G7: Rich nations back deal to tax multinationals. Parent comment

Re:G7: Rich nations back deal to tax multinationals by nabla9 on Saturday June 05, 2021 @08:50AM (#27404521)
Don't worry.

The proposed tax does nothing you think it does, as the article explains. Pillar one does not apply small companies.

Small companies pay just corporate tax as they did before, as the article explains. Nothing changes in that front. Pillar two.

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Re:G7: Rich nations back deal to tax multinationals by nickpp on Saturday June 05, 2021 @09:21AM (#27404747)
This time. Once the mechanism is in place and the large companies have complied, they will come for the small companies too.
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Re:G7: Rich nations back deal to tax multinationals by nabla9 on Saturday June 05, 2021 @10:06AM (#27405145)
Pillar two already takes care of the small companies.

There are two good mechanisms that apply for both cases.

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Re:G7: Rich nations back deal to tax multinationals by novok on Saturday June 05, 2021 @12:08PM (#27406199)
Yeeeeahhhh, just like the GDPR had exemptions for small companies and side projects for someone's sunrise calculator app. Oh wait, it didn't.
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