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The purpose of The bottom erosion tax is to prevent multinational corporations from lessening their US taxes by "stripping" earnings across the US border by earning payments to international affiliate marketers that could be deducted in The us.
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Conference these targets is conditional on sustained aggregate WBG lending volumes, entry to concessional finance, and consumer need.
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International taxes compensated within the earnings could well be accessible for use being an offsetting overseas tax credit, but with ideal changes to mirror the reduced degree of US tax.
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