Tech giants and multinational firms face a tax clampdown under a global deal
I wonder if this is a way to prevent profits from escaping taxes before they can get into the Tax havens. It makes a point of sale tax more viable but who gets it? The USA or a world new entity to divide it out to various needs world wide? The only thing that is going to happen is increased end user prices!
How can The USA government Tax a corporation in a foreign country? Only one way! A NWO taxing authority! Wake up to a woke nation and it's real meanings. The devil is always in the details. A good lawyer who is honest will tell you that. Haven't met one yet however!🤑
serf
https://www.dailymail.co.uk/news/article-9451921/Joe-Bidens-tax-crackdown-tech-giants.html
The US President plans to force companies to pay more tax in the countries they operate in, leaked documents show.
And a global minimum corporation tax rate would ‘prevent a race to the bottom’ with businesses shifting profits to low-tax jurisdictions, the Financial Times reported.
Bloomberg reported that the Boston Federal Reserve Bank is working with researchers at the Massachusetts Institute of Technology to develop a CBDC, and a prototype could be unveiled as early as July.
American billionaire and JPhttps://www.thecoinrepublic.com/2021/04/08/jpmorgans-ceo-jamie-dimon-pushes-for-swift-action-against-bitcoins/Morgan Chase‘s CEO,
Jamie Dimon, has taken a rather distrusting stand on the crypto issues. In a letter to other shareholders of the company, he states that banks need to regain their once-coveted stature in the financial ecosystem.
Comments
they got what they wanted🤑
I ran across a headline did not bother to check it out but said something like
old Joe's plan still had holes in it so big company's could still not pay taxes
I would not be a bit surprised, it will always fall back on the working class in one form or another .