Some 130 countries have agreed to a 15% global minimum tax rate. President Joe Biden and Treasury Secretary Janet Yellen announced Thursday that some 130 countries have agreed to a new 15% global ...
April 15 (Reuters) - The final agreement for a global minimum tax rate between the G20 countries could likely come at around 15%, a compromise between the current Irish rate of 12.5% and United States ...
Without an agreement, the Trump administration’s opposition to the global tax deal favored by Biden leaves multinational ...
Jersey has passed legislation to implement the OECD's global minimum tax rate of 15%, known as "Pillar 2", which will apply for fiscal years commencing on or after 1 January 2025. Pillar 2 is an OECD ...
(Reuters) -President Donald Trump on Monday declared that a global corporate minimum tax deal "has no force or effect" in the U.S., effectively pulling America out of the landmark 2021 arrangement ...
Switzerland’s government approved Wednesday a regulatory amendment establishing a centralized filing procedure for global minimum tax information returns and their sharing with cantonal and ...
Rewriting the international tax framework to introduce a Global Minimum Tax (also known as Pillar Two) was always going to be a battle against the odds. However, despite various obstacles and setbacks ...
WASHINGTON, April 5 (Reuters) - U.S. Treasury Secretary Janet Yellen said on Monday that she is working with G20 countries to agree on a global corporate minimum tax rate to end a "30-year race to the ...
That Donald Trump may unleash a global trade war is a frightening but familiar risk. Less well understood is the danger that he may also provoke a tax war. One of his first actions on returning to the ...
The future is bright for corporate tax dodgers. While the rest of the world is working together on a plan to crackdown on big companies’ use of offshore tax havens, both Congress and the White House ...