zlacker

>>fortra+(OP)
Everybody else should close these loopholes as well for both individuals and corporations.

The minimum corporate tax of 15% is one place to start:

https://taxfoundation.org/blog/global-tax-agreement/

>>bhoust+14
To call it a loophole makes no sense to me.

Also, smarter policy would be like what Estonia does

- CIT should only be applicable when dividends are paid. So corporations can reinvest that money in the business and not be taxed on it.

- PIT on dividend income should be 0, since that amount has already been taxed(CIT) and the stock holder has paid his due share on that income as a owner of corporation.