Re:G7: Rich nations back deal to tax multinationals
by a1369209993 on Saturday June 05, 2021 @03:20PM
(#27407805)
Actually, we don't - there is no legal/treaty reason why a government could not offer a negative corporate income tax rate (at least in the lowest N-1 tax brackets), and we may actually see that if corporate abuse of political processes is allowed to continue far enough.
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Re:G7: Rich nations back deal to tax multinationals
by hervature on Sunday June 06, 2021 @04:24PM
(#27415993)
You are saying that we could theoretically lower the minimum. As it stands, the minimum is 0%.
Re:G7: Rich nations back deal to tax multinationals
by a1369209993 on Monday June 07, 2021 @09:35PM
(#27429669)
No, I'm saying that "this value is not allowed to go below X" is different from "the lowest current value happens to be X" and we have the latter, not the former.