InvestorQ : Do you see the G-7 global minimum tax leading to higher tax revenues for nations?
Mitali Bhutta made post

Do you see the G-7 global minimum tax leading to higher tax revenues for nations?

Answer
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1 week ago
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Experts believe that the G7 tax deal imposing a global minimum tax or GMT of 15% on all companies could have limited impact on actual tax collections. The reason is that companies often transfer large portions of profitable activities to low-tax jurisdictions or tax havens.

Hence, income appears sourced from there. The new GMT tax rules still does not have an answer to transfer pricing issue or deliberate loss reporting like Amazon does.

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