[treespace88]

I would imagine many CEOs being on board with this.

If your competitors are using these loopholes, you have to as well.

It’s the individuals that shield their wealth by using international corporations that stand to lose the most.

[teachingassist]

From a corporation's point of view, it's fine if your competitors are treated the same as you are (in a competitive market).

But, even if so, CEOs/board members are often those high net worth individuals. So there's a potential conflict of interest that isn't resolvable.

This explains why corporations will lobby against a minimum tax, even if the institution doesn't ultimately care.

[onlyrealcuzzo]

Corporations have a fiduciary obligation to maximize shareholder value.

Raising taxes on your profits is surely not in the interest of your shareholders.

It doesn't matter if it isn't worse for you competitively. It's worse for your profits.

If you could have more competition AND more profits, you would want that.