G7: Rich nations back deal to tax multinationals

Re:G7: Rich nations back deal to tax multinationals by ClumsyPilot on Saturday June 05, 2021 @10:30AM (#27405355)

So I register a limited company, undertake all my work through it and keep my revenue, money and saving in that company, paying no tax on them.

Then I have the company buy a car, laptop and every other possible expence I can get away with placing on company. You've solved nothing

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Re:G7: Rich nations back deal to tax multinationals by hervature on Saturday June 05, 2021 @11:29AM (#27405846)

I didn't claim to solve anything. Merely that a world wide corporate tax rate isn't as simple as everyone thinks. For what it's worth, a corporate tax rate doesn't prevent you from doing what you suggest. In fact, you are encouraged to do so to avoid the tax.

[ Parent | on HN ]