tax

3494 articles

G7 deal is as much about balance of power as global tax reform

The real story includes the reconciling of domestic interests with international demandsA historic agreement has been reached. For decades multinational corporations have abused gaps in an international tax system that has barely changed since agreements made at the...

Cyprus could block EU adoption of minimum corporate tax plan

EU directive on Joe Biden’s proposal for 15% tax rate on multinationals would require unanimous supportCyprus could veto the EU’s adoption of Joe Biden’s proposal of a global minimum corporate tax rate, the country’s finance minister has suggested.A White House...

Biden corporate tax plan could earn EU and UK billions, study shows

EU forecast to reap extra €50bn per year with UK expected to gain €200m from BP aloneA proposal to be tabled by the US president, Joe Biden, at the upcoming G7 meeting for a 15% global corporate tax rate could reap the EU €50bn (£43bn) a year, and earn the UK nearly...

Sunak under pressure to back Biden’s global corporation tax plan

Labour expected to trigger Commons vote to force UK government to support proposalRishi Sunak is facing growing pressure to support US proposals for a global minimum rate of corporation tax in the run-up to the UK hosting a pivotal meeting between G7 leaders in...

Biden Defends Plans to Tax the Rich

“We’re not going to deprive any of these executives of their second or third home, travel privately by jet,” the president said at the White House....

An overhaul of the global tax system can wait no longer

The Covid-ravaged global economy is at a crossroads: we can commit to greater tax cooperation or risk a tax-driven trade warBiden’s plans ‘once in a lifetime’ chance to end global tax abuseFor almost a century, international tax was a byzantine and foreboding world...

Biden Aims for I.R.S. to Recoup Unpaid Taxes

The recouped funds would be used to help pay for the president’s $1.5 trillion American Families Plan, which he will detail before addressing a joint session of Congress on Wednesday....

Bitcoin tumbles after reports Joe Biden will raise taxes on rich

Cryptocurrency falls below $50,000 as White House looks to bring levy on investment gains into line with income taxesSpeculators in Bitcoin have been left nursing heavy losses after reports Joe Biden is planning to raise taxes on the wealthiest Americans to tackle...
129976 total articles

Pin It on Pinterest