Tag: National taxes
EXPLAINER: Curbing tax avoidance by multinational companies
FRANKFURT, Germany — How can governments keep multinational companies from avoiding taxes by shifting profits to tax havens?
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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 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...
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...
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...
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...
States tap federal aid to shore up empty unemployment funds
Businesses could be spared billions of dollars of higher taxes in coming years — potentially freeing up money to spend on employees or invest...
US proposes tax of at least 15% on global corporate profits
WASHINGTON — The U.S. Treasury Department supports a global minimum corporate tax rate of at least 15% — below the 21% minimum it has...
US proposes 15% minimum tax on global corporate profits
<p>WASHINGTON — The U.S. Treasury Department said Thursday that it supports a global minimum corporate tax rate of at least 15% — below the...