Title of article :
G7 - Global Minimum Corporate Tax Rate of 15%
Author/Authors :
Challoumis ، Constantinos National and Kapodistrian University of Athens
Abstract :
The additional tax on profits of international companies that participate in controlled transactions appears to be consistent with the transition from an arm s length to a fixed tax principle. The largest and most profitable international corporations will be taxed at a flat rate. Except for high-tech companies, which should pay lower taxes, the current decision appears to be consistent with the theory of cycle of money (or money cycle).
Keywords :
Global Minimum Corporate Tax Rate , High , Tech Companies , G7
Journal title :
International Journal of Multicultural and Multireligious Understanding
Journal title :
International Journal of Multicultural and Multireligious Understanding