#globalminimumtax — Public Fediverse posts

https://www.europesays.com/britain/?p=80305 UK to miss out on £600m in tax due to US exemption, says HMRC #GlobalMinimumTax #HMRC #Parliament’sPublicAccountsCommittee #TaxJurisdictions #TheUK #UK #UnitedKingdom

https://www.europesays.com/uk/1079817/ UK to miss out on £600m a year after allowing US exemption from landmark tax deal #Britain #England #GlobalMinimumTax #GreatBritain #HMRC #NorthernIreland #Parliament’sPublicAccountsCommittee #Scotland #TaxJurisdictions #UK #UnitedKingdom #Wales

UK to miss out on £600m a year after allowing US exemption from landmark tax deal

Britain is poised to lose approximately £600 million in tax revenue each year following a deal that grants…
#EuropeSays #Britain #Europe #EU #UK #globalminimumtax #HMRC #Parliament’sPublicAccountsCommittee #taxjurisdictions #UnitedKingdom
https://www.europesays.com/britain/80214/

https://www.europesays.com/britain/80214/ UK to miss out on £600m a year after allowing US exemption from landmark tax deal #GlobalMinimumTax #HMRC #Parliament’sPublicAccountsCommittee #TaxJurisdictions #UK #UnitedKingdom

As far as I can tell, the #GlobalMinimumTax regulations, finally enacted by the Yellen Treasury in January, are still in force.
https://www.bdo.com/insights/tax/treasury-issues-guidance-on-foreign-tax-credit-global-minimum-tax
https://www2.deloitte.com/content/dam/Deloitte/us/Documents/Tax/dttl-tax-alert-us-16a-january-2025.pdf
https://www2.deloitte.com/content/dam/Deloitte/us/Documents/Tax/dttl-tax-alert-us-15-january-2025.pdf

The Tax Foundation doesn't say the contrary.
https://taxfoundation.org/blog/trump-global-minimum-tax-order/

OECD published their update on the same day.
https://www.oecd.org/en/publications/2025/01/tax-challenges-arising-from-the-digitalisation-of-the-economy-globe-information-return-january-2025_b03274ed.html

(Trying to focus on actually-enacted policy rather than mad speeches.)

#uspol #tax #CorporateTax

As far as I can tell, the #GlobalMinimumTax regulations, finally enacted by the Yellen Treasury in January, are still in force.
https://www.bdo.com/insights/tax/treasury-issues-guidance-on-foreign-tax-credit-global-minimum-tax
https://www2.deloitte.com/content/dam/Deloitte/us/Documents/Tax/dttl-tax-alert-us-16a-january-2025.pdf
https://www2.deloitte.com/content/dam/Deloitte/us/Documents/Tax/dttl-tax-alert-us-15-january-2025.pdf

The Tax Foundation doesn't say the contrary.
https://taxfoundation.org/blog/trump-global-minimum-tax-order/

OECD published their update on the same day.
https://www.oecd.org/en/publications/2025/01/tax-challenges-arising-from-the-digitalisation-of-the-economy-globe-information-return-january-2025_b03274ed.html

(Trying to focus on actually-enacted policy rather than mad speeches.)

#uspol #tax #CorporateTax

Global minimum tax to fall short of expectations, researchers warn https://www.euractiv.com/section/economy-jobs/news/global-minimum-tax-to-fall-short-of-expectations-researchers-warn/?utm_source=dlvr.it&utm_medium=mastodon #BEPS #G20 #GabrielZucman #globalminimumtax #OlafScholz

Apple is carrying out one of the largest thefts in history. Its tax avoidance schemes have cost taxpayers tens of billions of dollars. One Apple shell company alone claimed $30 billion in income. It has no physical address & no employees—and it paid $0 in corporate tax.

The Biggest Heist You’ve Never Heard Of: Apple’s Double Irish (With a Dutch Sandwich)
https://www.youtube.com/watch?v=stSdQjch5Ws

#Apple #Theft #Crime #CorporateCrime #Capitalism #Taxes #TaxEvasion #GlobalMinimumTax #DoubleIrish #Ireland

Apple is carrying out one of the largest thefts in history. Its tax avoidance schemes have cost taxpayers tens of billions of dollars. One Apple shell company alone claimed $30 billion in income. It has no physical address & no employees—and it paid $0 in corporate tax.

The Biggest Heist You’ve Never Heard Of: Apple’s Double Irish (With a Dutch Sandwich)
https://www.youtube.com/watch?v=stSdQjch5Ws

#Apple #Theft #Crime #CorporateCrime #Capitalism #Taxes #TaxEvasion #GlobalMinimumTax #DoubleIrish #Ireland