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There Is No Free Money To Be Had From Changing Taxation Of U.S. Multinational Corporations

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The Biden administration’s revenue proposals for 2022 proposes to “revise the Global Minimum Tax Regime,” which many have taken to mean a doubling of GILTI. However, it would actually reimpose a worldwide tax regime like what was in place before 2018, along with a minimum tax on overseas profits.

...read full article on Forbes

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