Can you point me to where the US ratifies this minimum tax?
Note that Ireland has already implemented this, and I'd estimate the chance of it being made into US law as less than 10%.
Note that Ireland has already implemented this, and I'd estimate the chance of it being made into US law as less than 10%.
> The Inflation Reduction Act created the CAMT, which imposes a 15% minimum tax on the adjusted financial statement income (AFSI) of large corporations for taxable years beginning after Dec. 31, 2022. The CAMT generally applies to large corporations with average annual financial statement income exceeding $1 billion.
https://www.irs.gov/newsroom/irs-clarifies-rules-for-new-cor...
That's definitely good news.