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To: econjack

To clarify, this isn’t a global tax. It is setting a minimum tax rate so that companies can’t shop around for the lowest rates.

Currently Google and Apple move their tax liabilities to Ireland. So while they make their profits in the USA it’s the Irish government that gets the tax revenue.


9 posted on 07/01/2021 11:19:55 AM PDT by Renfrew
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To: Renfrew

Right, which leads me to ask this question: “Why would the Irish go along with a bill that seeks to lessen their appeal, and lower the income that they make from international corps? It’s basically FREE MONEY.”


15 posted on 07/01/2021 11:39:35 AM PDT by FrankRizzo890
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