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Big tech and other industries that have bunkered down in Europe’s tax havens are unlikely to shift their bases under the proposed global minimum tax regime.
By Ivan Levingston and Siddharth PhilipJune 8 -
Some in Washington have slammed states for what they consider kicking their own residents while they’re down — against the intent of Congress.
By Bryce CovertJune 8 -
Several of the world’s most prominent billionaires paid minimal or no federal income tax in some years, ProPublica reported.
By Christopher KingdonJune 8 -
Some of the world’s most powerful heads of state will meet in England later this week to confer on the biggest issues facing humanity.
By Akshat RathiJune 8 -
Almost three-quarters of inspections showing sub-par work, according to the watchdog.
By Kiuyan WongJune 4 -
The goal of the offset market is to reduce emissions, but without clear accounting and strict regulations there’s a big risk of greenwashing.
By Akshat RathiMay 25 -
The first challenge for the new chief executive officer of Binance.US: combat the perception that his company is simply a stand-in for a sister crypto firm that’s under investigation by the IRS and the DOJ.
By Joe LightMay 24 -
The leader of an agency overseeing stimulus programs said that Treasury officials had resisted his attempts to investigate fraud in the Paycheck Protection Program.
By Gregory KorteMay 3 -
The Biden administration has proposed that the U.S. apply a 21 percent global minimum rate.
By Christoph RauwaldMay 3 -
The tax would discourage companies from shifting operations to nations with less-stringent rules.
By Ari Natter, Jennifer A. Dlouhy and David WestinApril 26