
Inflation Reduction or Business Disruption?
The WealthAbility Show with Tom Wheelwright, CPA
00:00
I'm on the Corporate Minimum Tax, Is Not Part of the Internal Revenue Co.
i think what happened was, the reason people didn't see as much immediate is because i think everybody's worried that the democrats would undo it. And so it wasn't until kirston cinema basically put the cabosh on that once and for all,. That now we're starting to see a lot of, a lot of international companies actually moving through the us. Im on the corporate minimum tax. My concern is, of course, is that this is book income that's being taxed. So book income is not, is not part of the internal revenu co. Book income is actually developed by the financial account ang standards board. This is a bunch of accountants that are not elected
Transcript
Play full episode