The requested article has expired, and is no longer available. Any related articles, and user comments are shown below.
© KYODONew tax rules to target multinationals with over 10% profit margins
TOKYO©2024 GPlusMedia Inc.
The requested article has expired, and is no longer available. Any related articles, and user comments are shown below.
© KYODO
7 Comments
Login to comment
BertieWooster
Good move. Now how about a heavy tax on income from investment and other "money games?"
englisc aspyrgend
Simply change the rules, tax on where the income is generated not where it is booked. Applicable across the board and the US government can’t whinge that it is targeting only US companies. As usual with all international bodies it will end up with a camel! (The old joke a Camel is a Horse designed by committee!).
Yubaru
This is just the first step in governments trying to get their cut of the internet business pie!
bearandrodent
It’s amazing how governments can just dream up new laws when they face a revenue challenge.
kurisupisu
Toyota has less than a 10% profit margin?
Maybe, they have high heating bills or something?
TrevorPeace
How communist is that?