Tag: Government taxation and revenue
UK Treasury chief optimistic on tax deal targeting big tech
LONDON — Britain’s Treasury chief says he’s optimistic the world’s richest countries will agree on a plan to tax internet companies and other multinationals...
Biden, GOP senator talk as time drags on infrastructure deal
WASHINGTON — For nearly an hour, President Joe Biden and the top Senate Republican negotiating infrastructure met behind closed doors — two seasoned legislators...
Biden tax proposal in focus at Group of 7 ministers’ meeting
FRANKFURT, Germany — U.S. President Joe Biden's proposals for deterring tax avoidance by multinational companies will be a major theme Friday when finance ministers...
Biden, GOP senator to meet as infrastructure deadline looms
WASHINGTON — Deadline looming, President Joe Biden is set to meet with the top Senate Republican negotiator on infrastructure as the administration signals time...
Germany welcomes EU tax transparency deal for big companies
BERLIN — Germany's finance minister on Wednesday welcomed an agreement requiring large companies in the European Union to reveal how much tax they paid...
OECD head says Biden’s global tax proposal is a game changer
FRANKFURT, Germany — The new head of the Organization for Economic Cooperation and Development said Tuesday that he is “quietly optimistic” about reaching an...
Biden invites GOP senator as infrastructure deadline looms
WASHINGTON — President Joe Biden is set to meet Wednesday with West Virginia Sen. Shelley Moore Capito, the top Republican negotiator on infrastructure as...
Ex-banker convicted in massive German tax evasion scheme
BERLIN — A court in Germany convicted a former private banker of five counts of tax evasion Tuesday in a case linked to a...
Biden budget highlights: Lots of spending, taxing the rich
WASHINGTON — President Joe Biden's $6 trillion budget proposal offers major new initiatives like child and elder care subsidies, generous tax credits for families...
Social spending, business tax hike drive $6T Biden budget
WASHINGTON — President Joe Biden's $6 trillion budget proposal for next year would run a $1.8 trillion federal government deficit despite a raft of...