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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 tw04 on Saturday June 05, 2021 @10:54AM (#27405561)
That is completely avoided if the person makes less than 12k/year though. So there is already a loophole, there just hasn’t been enough incentive to use it yet. Although I’d question if that’s why some executives take a $1 salary and the rest in stock. All of their benefits are now tax free*.

yes I realize it’s nuanced and depends on country.

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Re:G7: Rich nations back deal to tax multinationals by saddlerustle on Saturday June 05, 2021 @11:17AM (#27405751)
No, the value of benefits in kind count towards the income tax band.
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Re:G7: Rich nations back deal to tax multinationals by IanCal on Saturday June 05, 2021 @04:47PM (#27408336)
That is absolutely not true in the UK. Again, this would just be what every business would do if that were the case.
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