The Solution That Makes the Problem Worse

Chairman's Report
20/12/2019 6 min
The Solution That Makes the Problem Worse

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Episode Synopsis

Most of us don't need to worry about the GILTI tax but large multinational corporations do primarily because Washington keeps making a complicated tax scheme worse. In their efforts to provide rules for taxing "global intangible low-taxed income" the bureaucrats have made high priced tax consultants happy and US companies frustrated.
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