Will the Global Minimum Tax End the Race to the Bottom?
For decades, countries have been lowering their corporate tax rates in a competition to attract large multinational companies. This has meant losing out on billions in global tax revenues per year. In 2021, in an effort to address this trend, 137 nations agreed to a deal to set a floor on the benefit countries can get from lowering their tax rates below 15%. It's called the global minimum corporate tax and would ensure that big global companies generally never pay less than 15% in taxes again. In this video, featuring Bloomberg Tax reporter Hamza Ali, we explain how the new rules will work.
(Produced by Macarena Carrizosa; Senior Producer: Andrew Satter; Executive Producer: Josh Block)
Видео Will the Global Minimum Tax End the Race to the Bottom? канала Bloomberg Law
(Produced by Macarena Carrizosa; Senior Producer: Andrew Satter; Executive Producer: Josh Block)
Видео Will the Global Minimum Tax End the Race to the Bottom? канала Bloomberg Law
Показать
Комментарии отсутствуют
Информация о видео
Другие видео канала
Practical GuidanceClinton: SCOTUS Myriad Genetics Decision 'Terrific'An Emoji Is Worth a Thousand Words, Also a Risk of LitigationClass Action Complaint Over Flushable WipesTalking Blockchain Patent Strategy with Marc KaufmanDewey Ex-Partner: Headhunters and Media Tanked the FirmWhy Ending FCC Blackout Rules May Be Broadcast TV's DemiseLawyer: Madoff May Be One of My Clients' Better InvestmentsBusinessweek Reporter: 6 More Dewey & LeBoeuf's on HorizonTwo-Year Law School Option: Licensing Lawyers Without JDs?Stealth Lawyer: Lenore Rice, Terra Cotta ImporterBloomberg Law’s Draft Analyzer- Integrated Practical GuidanceSee How Innovative Technology Delivers Guidance on Privacy Laws Around the WorldWeekly Brief: M&A Heats Up; Intrade Shuts Down; BigLaw BonusesSmolinsky Sees Similarities Between Reader's Digest, KodakLegal Lens: Bankruptcy WatchLegal Lens: Covid-19 Impact on TransactionsA Supreme Court Review of Bankruptcy Cases, Panel 2Weekly Brief: Courthouse Violence on the Rise5 Things - HackersDo Law Firm Rankings Drive Bad Behavior?