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The global minimum tax on billionaires is a proposal by EU TAX put forward by UC Berkeley economist Gabriel Zucman to the G20. It is supported by the Brazilian and French presidents, Lula and Emmanuel Macron, and by ministers from South Africa, Spain, France and Germany. [ 1 ]
KickassTorrents on its website claimed that it complied with the DMCA and it removed infringing torrents reported by content owners. [ 7 ] On 28 February 2013, Internet service providers (ISPs) in the United Kingdom were ordered by the High Court in London to block access to KickassTorrents, along with two other torrent sites.
Hence, even after paying the min-tax, the rich person would get pounded by an additional tax of 14.6% on the sale (the difference between the 25% min-tax and the 39.6% that the Green Book advocates).
A viral claim relies on a misleading definition of income.
The proposal is to institute a global minimum tax on billionaires, equal to 2% of their wealth, which would raise $250 billion from less than 3,000 individuals, per the report.
On 9 December 2014, The Pirate Bay was raided by the Swedish police, who seized servers, computers, and other equipment and resulted in EZTV going down. [7]By the 11th of December, EZTV was releasing torrents again although the main site was not yet accessible with the regular domain, however the site could be reached through eztv proxy sites.
Governments should open a new front in the international clampdown on tax evasion with a global minimum tax on billionaires, which could raise $250 billion annually, the EU Tax Observatory said on ...