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Comment by ginko | Hacker News Reader

Anyone got a list of the countries? I tried googling around a bit to try to find it. At least other articles[1] mention all G20 countries are on board. That would include India, Russia and most importantly China.

[1] https://www.bbc.com/news/business-57573380

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https://www.oecd.org/tax/beps/oecd-g20-inclusive-framework-m...

Notably absent from the list: Ireland.

Low corpate tax countries not on the list: Ireland 12.5%, Kuwait 0%, Hungary 9%, Kosovo 10%, kyrgystan 10%, Lichtenstein 12.5%, Moldova12%, Sark 0%(UK related but only had 1 active bank so perhaps they did not need it on the list )

I am surprised that they managed to get most of the typical island states on the list to convert. And it will be super interesting if Kuwait and Sark can stay strong or if new companies will take the opportunity to address this market.

https://en.m.wikipedia.org/wiki/List_of_countries_by_tax_rat...

Kuwait is not really popular to headquarter your company (the UAE is), and they have lots of oil. I think it'll be hard to convince them otherwise.

I worry about a place like Russia. I could easily see them signing on to this. 15% of profit, just like everywhere else. But the reality might turn out to be that, for 1% of profit, under the table to the right person, they'd only take 5% of profit, but supply you with the paperwork saying that they took 15%.

You know that someone will do that. If not Russia, someone else. There's too much money for it not to happen.

Big companies would avoid this like the plague.

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