4 ms·
Irrelevant due to Global Intangible Low-Taxed Income (GILTI)
by orangepurple 4y ago
Irrelevant due to Global Intangible Low-Taxed Income (GILTI)
- varispeed 4y agoIt is relevant since the tax is low, so it makes it worthwhile. Foreign big corporations that are not US controlled have even better situation. Countries like UK have for instance DPT (Diverted Profit Tax) but it is discretionary and our tax man tends to look away.