The US can tax US corporations anyway it sees fit.
What do other countries have to do with it?
Read the subtitle:
>The Biden administration wants other countries to back a minimum tax as part of its plan to raise the U.S. corporate tax rate to 28 percent from 21 percent.
This makes no sense. Is the IRS a global institution now?
What do other countries have to do with it?
Read the subtitle:
>The Biden administration wants other countries to back a minimum tax as part of its plan to raise the U.S. corporate tax rate to 28 percent from 21 percent.
This makes no sense. Is the IRS a global institution now?