2 ms·
It’s not about the EU but the new global minimum tax initiative. With the new minimum corporate tax, if a host country doesn’t tax a multi-national company high
by sinuhe69 3y ago
It’s not about the EU but the new global minimum tax initiative. With the new minimum corporate tax, if a host country doesn’t tax a multi-national company high enough, the difference will go to the country with the company headquarter! Thus of course you have to tax them anyway.
- yrro 3y agohttps://en.wikipedia.org/wiki/Global_minimum_corporate_tax_rate https://en.wikipedia.org/wiki/Global_minimum_corporate_tax_r...
- disgruntledphd2 3y agoNope, this is a completely different proposal.
- sinuhe69 3y agoThey lamented about both in the article. But the 1.5% levy only apply for national companies, so it cannot qualify for the "hit Ireland hardest" title. No, the hardest part is caused by the global minimum corporate tax, which will effectively end the tax heaven advantage Ireland has unfairly enjoyed until now.