Global tax is complicated. A reprisal tariff regime would be way way way more complicated. The US doesn't want to be in a position where it's levying 50% tariffs on Guinness because Ireland's corporate tax rate is 12.5%. How do you know that tariff is fair and would the WTO even recognize uneven tax rates as a sanctionable offense?
This is a carrot vs stick approach.
That's exactly want this law is stopping. Companies will always try to reduce their tax burden which is why this initiative, a tax floor, is global. The law is an effective way of increasing the minimum tax - what you said doesn't really apply.
I straight up live in a different world from this comment and OP. That sounds like a door to door hour long errand run - max.
They should include the interest rate they are using to calculate the mortgage. Based on what's provided they are assuming around a 6% mortgage which is no longer available. Tack an extra $1,000 monthly payment onto that million dollar home and an extra $40,000 to your income to make it affordable. (Assuming debt/income ratio and income taxes)
Did I miss anything?
It's pretty funny- worth seeing. Definitely amps up the ridiculousness in a way that I don't remember Mean Girls being, but it's in the same ballpark. Honestly maybe closer to Superbad.
I'm thinking it means workers of that time would not have that physique.
I think there is going to be a greater push for KYC for social media as we are going to soon be inundated with comments and online activity by bots that is indistinguishable from humans and hyper taylored to its audience. All the stuff Russia pulled with election interference is going to be child's play.
There is also going to be an explosion of content. The same recipe page that took a human a day or two to create will be made in a second. Billions of recipe pages, billions of sports blogs, billions of comments...
Downfall of the West relative to who? The whole world is impacted by climate change and the West is best positioned to manage its effects.
Totally worthless with no actual analysis.
I'll save you a click: guy learns about compounding growth and extrapolates that in 10,000 years there aren't enough atoms to sustain the compounding growth.
It's embarrassing you're an accountant and yet indulge in conspiratorial thinking. I've worked in and audited small, medium and large companies. Public companies have the strictest controls around personal spending of company resources. All public companies have to comply with SOX. I've never seen a private company voluntarily comply with that standard.