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Is there any treaty the entire globe has agreed on? Sure, overall corporate tax revenues would go up but not enough to make up for the money a small country sta
by Causality1 6y ago
Is there any treaty the entire globe has agreed on? Sure, overall corporate tax revenues would go up but not enough to make up for the money a small country stands to make by not signing and becoming a tax haven.
This is just an excuse to not pass strong controls preventing local companies from moving their money overseas. Start taxing companies based on where their employees and executives live, not which mailbox they stuff money into.
- JumpCrisscross 6y ago> Is there any treaty the entire globe has agreed on? Charter of the United Nations [1], for one. At the point one is discussing non-signatories to it one is debating the definition of a country. That seems like a fair line at which to delineate the entire globe, more or less. [1] https://en.m.wikipedia.org/wiki/Member_states_of_the_United_Nations#Current_members https://en.m.wikipedia.org/wiki/Member_states_of_the_United_...
- dontreact 6y agoIf the U.S. and other large governments cared enough about this they could make it happen because they have more power (both economic and military).
- jimbob45 6y agoCopyright rules are darn near equal everywhere now with Trump’s trade deals, although, I don’t know that there was really any pushback on that.
- notahacker 6y agoThe vast majority of countries are WTO members. Arguably the WTO is both the rationale for a "minimum corporate tax" (if it wasn't for WTO rules, countries could introduce tariffs and other trade barriers specific to certain countries to deter registration in tax havens) and the most likely way such a thing would be realised (in practice it would probably be "you can set your rate below this, but if you do WTO members are free to set higher tariffs on your produce than other countries")