Tommy Tainant
Diamond Member
Biden corporate tax plan could earn EU and UK billions, study shows
EU forecast to reap extra €50bn per year with UK expected to gain €200m from BP alone
www.theguardian.com
Under Biden’s proposal, multinational corporations would be prevented from shifting profits across borders to exploit the most attractive low-tax locations as their profits would be taxed at a minimum global corporation tax rate either where they are booked or headquartered.
This is the way that we fight the corporations that exploit all of us. Co-operation is the thing.