Only understand this new culture. So you are not the visitor, not against you want to become city info, migrants your platform for reliable information, the can a race to the bottom and corporate taxation be stopped. Finance ministers from major economies meet in London Today to set a floor for taxation. Its all one of the biggest riddles of recent years. How to tax digital companies, who services are global. Also on the show, montenegro wants a new highway, but at what cost . Its Financing Deal with china has now soured, and threatens to drag in the European Union. And california is facing, one of the worst drops and decades. Losses are mounting. And so our, heres the, this will be the new normal under climate change. Welcome to the show. Im seeing beardsley in berlin. How much tax should accompany pay, and to whom should they pay it . As to the trickiest questions in a globalized economy, where the biggest companies can shop around for the lowest rates, many of them tech companies th
To be tricky. Questions in a globalized economy, where the biggest companies can shop around for the lowest rates. Many of them tech companies that often pay no taxes in countries where theyre quite active. A foreign ministers from the g 7 economies are gathering london today. Just for such a solution and heres where things currently stand. Japan has the highest corporate Tax Rate with 31 percent with germany following close behind current corporate Tax Rate in the u. S. Is that 21 percent . Although the by did ministration would like to change that in the coming months to 28 percent. Now take a look at ireland here. 12. 5 percent as less than half of what it is and fellow you remember germany. And thats the reason why ireland is the you base for big tech companies like Facebook And Apple of the us and its allies in the g 7 appeared to be call us thing around a corporate tax floor, a 15 percent, while germany and france may be on board, that rate would take away our Lives Advantage and
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