So world leaders have just agreed upon a global corporate tax rate of 15%, saying it will not affect small businesses. What else is in it, is that the corporation will not only pay taxes where their HQ is, but where they generate revenue. as stated in the articles I am referencing, Ireland's corporate tax rate is 12.5%, which has attracted lots of companies to establish their HQ's there.
sigh....
Goat
World leaders reach landmark deal on a global corporate tax rate
The Organization for Economic Cooperation and Development on Friday announced a major breakthrough over corporate tax rates, after years of disagreement.
www.cnbc.com
Corporate Tax Rates Around the World, 2022
A new report shows that corporate tax rates around the world continue to level off. “We aren’t seeing a race to the bottom, we’re seeing a race toward the middle,” said Sean Bray, EU policy analyst at the Tax Foundation.
taxfoundation.org
sigh....
Goat