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The Biden administration’s proposal to impose a global minimum tax on corporations has been provoking opposition in Congress, with Republicans advocating user fees instead to pay for infrastructure improvements.
June 18
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The legislation would require standardized metrics and disclosures of environmental, social and governance measures by companies.
June 17
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The world’s richest nations have set the stage for a revolution in corporate taxation, but they still have their work cut out to actually achieve that overhaul.
June 17
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Lawmakers are trying to hash out a compromise $1.2 trillion, eight-year infrastructure spending package.
June 15
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President Joe Biden’s quest to enact his $4 trillion economic agenda enters a turbulent new phase Monday as the U.S. House comes back into session and Democratic representatives ramp up pressure on the Senate to produce a bipartisan compromise or stop prolonging the effort.
June 14
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As more Americans cut the cord on traditional landline phones, a government program that subsidizes internet service to poor communities is in danger of collapsing because it relies on taxes from dwindling long-distance calling fees.
June 14
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Mitt Romney is helping lead lawmakers in creating a new proposal to present to the Biden administration.
June 10
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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.
June 8
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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.
June 8
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The work-from-home environment is producing tax complexities for companies and their human resources departments.
June 7
