Corporate taxes

After years of discussions, position papers, proposals, negotiations, and re-proposals, the world is rapidly approaching a serious milestone in tax.

With today’s business environment forcing companies to always be in a state of flux, the tax landscape will only become more complex.

The bipartisan infrastructure bill would end a tax break Congress crafted to help businesses struggling during the pandemic but relatively few companies have claimed.

Bloomberg’s state tax survey clarifies policies on local Paycheck Protection Program loans, nexus and more.

The Biden administration and G-20 leaders are agreeing on the need for more revenue.

Global companies are benefiting from a prolonged decline in tax rates, new data from the OECD shows.

U.S. lawmakers are wary of passing any legislation until they have strong assurances that other countries will also change their laws.

Senate Democrats are moving to impose tariffs on carbon-intensive imports as a way to help pay for their tax-and-spending legislation, according to one person familiar with the plan.

Service with a smell; disclosure expectations; new to us; and other highlights from our favorite tax bloggers.

The Treasury secretary said U.S. companies are likely to provide crucial support in pushing lawmakers to back a global overhaul of corporate taxation.

The European Union said Monday it would postpone its push for a controversial digital levy to focus on a negotiation over a broader minimum global tax deal.

The Treasury Secretary hopes Congress can take up two key portions of a global tax agreement endorsed by Group of 20 finance ministers.

French Finance Minister Bruno Le Maire said he is confident the Group of 20 economies will back a deal on international tax, even as his country pushes for a higher minimum corporate rate.

The tax deal proposes a minimum corporate levy of at least 15%, and new rules for dividing up the tax revenues from the world’s largest companies — particularly U.S. tech giants.

The European Union’s plan to propose a new digital-services tax is unlikely to undermine global talks aimed at eliminating such levies, according to the head of the international group spearheading the discussions.

The U.S. is pressing European officials to reconsider plans to enact a digital tax across its 27 members in a dispute that threatens to undermine significant progress made recently toward a global corporate tax agreement.

The European Union’s digital chief will meet U.S. Treasury Secretary Janet Yellen next week as the EU delayed plans for a digital levy after a potential global tax breakthrough.

An tiny group of countries from far-flung corners of the EU is resisting worldwide consensus on a revamp of corporate tax.

The world took a big step toward sweeping changes in taxation setting a minimum rate for corporations along with rules to share the spoils from multinationals.

Negotiations among more than 100 countries to overhaul global taxation are facing key questions as rich nations seek to persuade many developing economies to reach a preliminary deal in the week and a half.