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How the 15% US Minimum Corporate Tax Would Work

[Business Policy and Regulation News - The Washington Post] How the 15% US Minimum Corporate Tax Would Work: The tax, climate and energy proposal by Senate Democrats includes a 15% minimum tax on the domestic profits of large American companies. This roundabout method to collect more money from corporations, known as a minimum book tax, is critical to the deal, since it provides more than 40% of the new revenue to fund the energy investments and deficit reduction that Democrats are hoping to tout in the midterm elections this November.

    How the 15% US Minimum Corporate Tax Would Work

    [Business News, Financial News, Business Headlines & Analysis - The Washington Post] How the 15% US Minimum Corporate Tax Would Work: The tax, climate and energy proposal by Senate Democrats includes a 15% minimum tax on the domestic profits of large American companies. This roundabout method to collect more money from corporations, known as a minimum book tax, is critical to the deal, since it provides more than 40% of the new revenue to fund the energy investments and deficit reduction that Democrats are hoping to tout in the midterm elections this November.

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