excalibur
Diamond Member
- Mar 19, 2015
- 18,302
- 34,763
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The insanity of Traitor Joe©™ and his band of morons at work. This has zero benefits for America, so naturally, they are all in.
The Treasury Department proposed a 15% global minimum corporate tax rate during meetings with officials from other countries.
The 15% figure is lower than anticipated and was pitched this week to negotiators from two dozen countries that are part of the Organization for Economic Co-operation and Development, the Treasury Department announced on Thursday.
The administration said that U.S. representatives who attended the tax negotiations underscored to the other representatives that 15% is a “floor” to start the dialogue “and that discussions should continue to be ambitious and push that rate higher.”
“Treasury was heartened by the positive reception to its proposals and the unprecedented progress being made towards establishing a global corporate minimum tax,” the Treasury said in a readout about the meetings.
...
The Treasury Department proposed a 15% global minimum corporate tax rate during meetings with officials from other countries.
The 15% figure is lower than anticipated and was pitched this week to negotiators from two dozen countries that are part of the Organization for Economic Co-operation and Development, the Treasury Department announced on Thursday.
The administration said that U.S. representatives who attended the tax negotiations underscored to the other representatives that 15% is a “floor” to start the dialogue “and that discussions should continue to be ambitious and push that rate higher.”
“Treasury was heartened by the positive reception to its proposals and the unprecedented progress being made towards establishing a global corporate minimum tax,” the Treasury said in a readout about the meetings.
...
Biden administration starts negotiations for a global minimum tax at 15% rate
The Treasury Department proposed a 15% global minimum corporate tax rate during meetings with officials from other countries.
www.washingtonexaminer.com