EU adopts global minimum 15% tax on big business

Re:EU adopts global minimum 15% tax on big business by pclmulqdq on Friday December 16, 2022 @05:38PM (#34021590)

I would personally be in favor of a ~5% flat tax on corporate revenue across the board if it meant replacing the convoluted profit-based tax schemes that currently exist. The costs of compliance and "tax minimization" are already a couple percent of revenue for many companies, so replacing that cost seems very reasonable.

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Re:EU adopts global minimum 15% tax on big business by trentnix on Friday December 16, 2022 @07:31PM (#34022671)

That were adversely affect new businesses and discourage competition for well-entrenched businesses. The net results is that it would handicap growth.

Consequently, it’s a terrible idea.

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Re:EU adopts global minimum 15% tax on big business by zefix on Sunday December 18, 2022 @01:27PM (#34040804)

Why do you think that?

If anything bigger buisnesses have more ressources to avoid taxes. - Thus having everyone pay the same would lead to large companies paying more than they do now and small companies would be barely affected.

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