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To: karpov

Exactly how much would China pay?

Remember when people warning of a one-world government were ridiculed as conspiracy nuts? Yeah, not so much anymore.


11 posted on 07/16/2022 7:52:36 AM PDT by Obadiah
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To: Obadiah

> Exactly how much would China pay? <

China has agreed to this global tax scheme. So Chinese companies would pay a minimum 15% corporate tax, just like every other company in the world.

I kid, of course. Chinese companies will pay exactly what the Communist leadership wants them to pay. If the leadership wants them to pay 0% to help them undercut Western companies, then 0% is what they’ll pay.

That 0% will be recorded as 15% on the books. Who will challenge that? No one will.


20 posted on 07/16/2022 8:05:23 AM PDT by Leaning Right (The steal is real.)
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