> 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.
bttt
Fact check true.