G7: Rich nations back deal to tax multinationals

Re:G7: Rich nations back deal to tax multinationals by csomar on Saturday June 05, 2021 @08:57AM (#27404580)

> This sounds like it will be hell for small software companies with customers all over the world.

Uh, no, this will bring required tax profits for rich governments from these predatory countries that will finally fix their budget deficits and insure equality between its citizens.

/just kidding, this will break small companies and make it almost impossible to sell/export to richer countries for small new comers. The big companies will find new loopholes while facing less competition. The EU governments will then just increase the VAT to 35% to fix their deficits. Everything is fine.

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Re:G7: Rich nations back deal to tax multinationals by ed25519FUUU on Saturday June 05, 2021 @09:48AM (#27404991)

Interesting narrative here. Ireland is “predatory” because they create an extremely low tax environment for competitiveness.

Is Texas also predatory for having no income tax versus CA, NY etc 10%+ income tax?

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Re:G7: Rich nations back deal to tax multinationals by manmal on Saturday June 05, 2021 @05:29PM (#27408604)

I think Ireland are. They are actively trying to shoot down a case where Apple would need to pay them billions in taxes: https://www.irishtimes.com/business/economy/ireland-wins-app...

What government in their right mind fights taxes they would receive? They want to keep Apple (and others) happy so they don’t take their income elsewhere.

So I‘d say this smells of predatory pricing.

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Re:G7: Rich nations back deal to tax multinationals by csomar on Saturday June 05, 2021 @10:00AM (#27405097)

Predatory from the perspective of other nations/states.

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