Image: Buro US Prasident Joe Biden / Common-free
What about the "historical" to keep global minimum tax for companies? The reaction of the tax computers such as Amazon or Facebook lit up
US President Joe Biden had radiated rough words for a push of a worldwide minimum tax for company. For the tax prevention of Amazon, Microsoft and Co, he explained: "I will put an end." He was also supported by the former boss of the US Federal Reserve (Fed) Janet Yellen. The Minister of Finance had been used for the proposal and called a house number with 21 percent, as already reported here: G20 finance minister "Global tax dumping" break up.
Despite his record gains in Europe 2020, Amazon did not pay a cent taxes, was also the topic at this point. Shortty had the British Guardian Retained and reported that an Irish subsidiary of Microsoft made a recent profit in the past $ 315 billion in the past year, but has not paid a Euro to Corporation tax to Ireland. For tax purposes, the daughter was on the Bermudas "ingress".
One has to drove the outcome of these profits in mind which sums argue here the fiscal, which is urgently needed in health, school and social work. It should be noted that this profit — not sales — has identified almost three quarters of total Irish economic performance.
Allegedly, this legal tax fraud, which also distorts the competition clearly deleted smaller companies, will now be terminated. The finance ministers of the seven leading industrialized countries (G7) have recently agreed on a principle for a minimum tax. However, this sees a different minimum share than that of Yellen: Grob companies should pay a bodyship tax of at least 15 percent.
Lobgang Alluberall
Although it has already been clearly closed in the high, it was not saved with coarse words. "Historical" Federal Finance Minister Olaf Scholz (SPD) called the decision: "The decision on the international tax justice of the G7 is historical", he tweeted, praising and pricing that the G7 finance ministers "Behind the concept of a minimum taxation" had set.
in the Germany If this reading was then reduced. In his comment says Theo Geers, the Minister of Finance Konne Konne with the "historical result" also as a chancellor candidate "shine". He is in the election campaign as "Maker" represent, "The woman, as it takes on international parquet and the same success".
Solzely, Scholz was not in the circle of his colleagues. The British Minister of Finance Rishi SUNAK spoke of one "Historical agreement". He said the global tax system, which still ranges to coarse parts from the 1920 years, must urgently fit the digital age. A digital tax that already exists in some countries, which also wants to import the EU to finance the so-called Corona reconstruction fund, but is now not up-to-date.
Yellen, however, which is previously accessed by the 21 percent, spoke of one "Significant, unprecedented commitment" The G7 states. That’s one "Enormous impulse towards a robust global minimum tax". Now the race was finished down at business taxation and Fairness for the middle class and the working people in the US and around the world ensured, she says.
At the G7 summit in the British Presidency last weekend in Cornwall the project was also appreciated as expected. The Heads of State and Government stood in their community behind the decision of their Minister of Finance.
There are also the nebulous formulations. You wanted to look for "Insert fairer global control system that reverses the race". Much more is not to be heard to this as important topic, not even the planned tax rate of 15 percent is called what air signals down.
China
The initiative is now being promoted within the organization for economic cooperation and development (OECD), where, however, initiating initial contradictions. The OECD has long been urging for a multilateral agreement for a digital tax. The British would obviously want to terry. To the boat should be brought to July on the G20 states but still the most important thresholders.
China had already signaled its basic consent, for example.
Especially with regard to further states, the slimmed tax rate of only 15 percent is caught as a compromise of the financial ministers, because there is the hope that the resistance is lower and the project is not brought to tilting. However, given the already little ambitious goal, which is based on the low-tax rate of 12.5 percent oriented in Ireland, is expected to continue to be stronger.
doubt
At the latest, when you read the opinions of those to the decisions, which should actually take effect on this tax deep into the pocket, strong doubts about the effectiveness of the measures are planned. The Facebook Manager Nick Clegg tweeted, his company ambub the "important progress" as "first step". Facebook have "For a long time for a reform of global tax rules" used.
So right believe this version did not want his readers. "There is any indication that Facebook has asked these reforms?", is already in demand in the first comment. That even the online shipping giant Amazon is almost a lot of positive positive, leave as well. Be the agreement "a welcome step", contribute to stabilizing the international tax system", Quotes the US message portal Business insider from an Amazon position name.
Now, about which are pleased to finally billions of taxes on taxes? If Microsoft had taxed its profit from the past year after the Irish dumping tax rate of 12.5 percent, about $ 35 billion in the Irish cash registers. But this tax rate was also bypassed tricky.
Is not it might rather so that you can rely on Amazon, Facebook and CO, that at the worst case is very little different? If one hopes that the already Nebulosen projects on the way through the OECD and G20 are still more scrambled?
The devil of the coarse-lane wradies are, as always, in detail. According to the planning of the G7, only corporations with a profit margin of more than ten percent should be taxed there, where they make their sales. There can be plenty of pretensioned, my experts.