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Street-Individual292 t1_isep6p3 wrote

Reply to comment by onetwofive-threesir in [OC] Google IPO vs Now - breaking down revenue and profit sources by giteam

Pretty much everything that you said is true, but your last two sentences are wrong. The TCJA established two different minimum taxes on global income for corps. One is called GILTI and the other is called BEAT. GILTI is the framework for the global deal that countries are attempting to implement now, but the US has had this in place for 5 years now

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