Former first lady and Secretary of State Hillary Clinton said the wreckage from another Trump presidency would be “almost unimaginable” and likened the former president who beat her in the 2016 ele…
These people must have hated it when Biden created a 15% minimum corporate tax rate.
If the status quo is any indication, corporate tax rules are largely performative. I would be happy to be wrong about that and see actual enforcement happen as a result of the Inflation Reduction Act, but I’m not gonna hold my breath.
There is some detailed guidance about the CAMT I found here, but someone with more specific knowledge will have to parse through it to determine how easily they are gonna be able to dodge this, too.
If the status quo is any indication, corporate tax rules are largely performative. I would be happy to be wrong about that and see actual enforcement happen as a result of the Inflation Reduction Act, but I’m not gonna hold my breath.
https://itep.org/55-profitable-corporations-zero-corporate-tax/
There is some detailed guidance about the CAMT I found here, but someone with more specific knowledge will have to parse through it to determine how easily they are gonna be able to dodge this, too.
https://www.irs.gov/pub/irs-drop/n-23-20.pdf