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The US has a similar system. It is not officially written into law, but any halfway decent tax accountant knows the loopholes.
by Drunk_Engineer 4y ago
The US has a similar system. It is not officially written into law, but any halfway decent tax accountant knows the loopholes.
- xedrac 4y agoI wonder if Biden's proposal to tax based on reported income to shareholders instead of taxable income, will change that for public companies: https://www.taxpolicycenter.org/taxvox/what-bidens-minimum-book-income-tax-corporations https://www.taxpolicycenter.org/taxvox/what-bidens-minimum-b...