EU adopts global minimum 15% tax on big business
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Re: EU adopts global minimum 15% tax on big business
#2> European leaders praised the decision, with Germany's Chancellor Olaf Scholz describing it as a "project close to my heart". French President Emmanuel Macron said the country had been pushing the idea for more than four years.
Of course countries with high taxes are all for raising taxes in countries where they are lower!
Now, unfortunately the article does not mention the interesting bit, which is that EU countries with lower corporation tax will therefore have to raise their rates. I'm thinking especially about Hungary and with the current tense relations I'm surprised that they agreed... What is the deal?
Re: EU adopts global minimum 15% tax on big business
#3> European leaders praised the decision, with Germany's Chancellor Olaf Scholz describing it as a "project close to my heart". French President Emmanuel Macron said the country had been pushing the idea for more than four years. Of course countries with high taxes are all for raising taxes in countries where they are lower! Now, unfortunately the article does not mention the interesting bit, which is that EU countrie…
More money for the government, why would they refuse ?
Re: EU adopts global minimum 15% tax on big business
#4> "Today the European Union has taken a crucial step towards tax fairness and social justice," EU economy commissioner Paolo Gentiloni said.
There is a saying in Poland: "The difference between > and > is the same as the difference between > and >.
I wish we would actually listen to the those countries, when it comes to topics like socialism and communism. Though I suspect the Western European countries need to taste that themselves first to be able to understand what that means.
Re: EU adopts global minimum 15% tax on big business
#5> European leaders praised the decision, with Germany's Chancellor Olaf Scholz describing it as a "project close to my heart". French President Emmanuel Macron said the country had been pushing the idea for more than four years. Of course countries with high taxes are all for raising taxes in countries where they are lower! Now, unfortunately the article does not mention the interesting bit, which is that EU countrie…
Didn't know about Hungary. All I was thinking was how EU had to force Apple and Ireland to pay taxes in Ireland, because... Ireland didn't want some free billions https://www.theguardian.com/business/2016/aug/30/apple-pay-b...
Re: EU adopts global minimum 15% tax on big business
#6"The US has not taken steps to adopt the rules so far, despite Ms Yellen's championship of the plan."
Lol, obviously. Cheering them on as they shoot themselves in the foot
Re: EU adopts global minimum 15% tax on big business
#7Bigger tax for bigger business. Fair enough.
Re: EU adopts global minimum 15% tax on big business
#8> The landmark deal between nearly 140 countries aims to stop governments racing to cut taxes in a bid to attract companies.
> It was praised by US Treasury Secretary Janet Yellen as "an historic agreement which helps even the playing field".
This is a global goal, not just an EU Law.
Re: EU adopts global minimum 15% tax on big business
#9> The landmark deal between nearly 140 countries aims to stop governments racing to cut taxes in a bid to attract companies. > It was praised by US Treasury Secretary Janet Yellen as "an historic agreement which helps even the playing field". This is a global goal, not just an EU Law.
ok but the story here is about the EU adoption of such.
> The US has not taken steps to adopt the rules so far, despite Ms Yellen's championship of the plan.
Re: EU adopts global minimum 15% tax on big business
#10"The US has not taken steps to adopt the rules so far, despite Ms Yellen's championship of the plan." Lol, obviously. Cheering them on as they shoot themselves in the foot
America and the EU as usual