The new 15 percent corporate minimum tax would impact nearly 80 companies with Berkshire Hathaway Inc. and Amazon.com, Inc. paying up the most, according to a study conducted by the University of North Carolina Tax Center, as reported by CNBC.
Estimated Payout
The study estimated that approximately 78 firms would have been subject to the tax, which would have raised approximately $31.8 billion, had the minimum tax applied to 2021.The estimated payout by Berkshire would have been over $8.3 billion while that of Amazon.com, Inc. stood at over $2.7 billion, the study said.
