WhatFinger

Tax is a blatant government cash grab and should be abandoned

Allan Lanthier: The corporate minimum tax: Just say no to the OECD


By News on the Net -- Financial Post——--March 24, 2022

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Last December, the OECD issued model rules for its 15 per cent global corporate minimum tax — a brutally complex 70-page package that countries around the world are now supposed to enact as part of domestic law. This was followed by a 277-page package last week with commentary and examples that try and explain the rules. This initiative is a disaster in the making, created by unelected bureaucrats at the OECD, with the support and encouragement of wealthy, developed countries such as Canada. It is a blatant government cash grab and should be abandoned.-- More...

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