US-European Global Minimum Tax Talks Stalling Because It Won’t Affect Amazon

Earlier this month, the Biden administration announced its support for a global minimum tax

Though the administration attempted to portray the policy change as a high-minded effort to ensure that corporations paid their “fair share,” the political incentives of a chance to snatch at extra revenue were quite plainly the primary motivator. Now, politics appear poised to gum up, if not shut down entirely, efforts at a global tax agreement.

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