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> US government proposals to reform the global tax system by imposing a minimum 15% corporation tax rate Is this even remotely plausible and useful, or are we
by jl2718 5y ago
> US government proposals to reform the global tax system by imposing a minimum 15% corporation tax rate
Is this even remotely plausible and useful, or are we just fooling ourselves? It seems to me that the winner of the digital economy will be the country with the lowest tax burden, not just in rates, but mostly cost and complication of financial compliance. It’s very telling when CFOs become more than a minor accessory to a business. That means that the business is thinking about taxes more than they think about delivering value. Imagine the growth advantage that a simplified tax country would have.